Profit by knowlytics
Upcoming IPOs: Three mainboard IPOs – Purple Style Labs IPO, Deepa Jewellers IPO and Rays of Belief IPO – will collectively raise over ₹1,265 crore next week.
HDFC Bank’s chief executive will not seek reappointment after October twenty-sixth. This succession occurs amid ongoing governance scrutiny and recent regulatory issues. The bank’s shares have significantly underperformed its peers and the broader market. A new leader must restore investor confidence and address business challenges. The transition is crucial for HDFC Bank’s future growth trajectory…
ONGC seeks dedicated deepwater drillship capacity for its exploration program. The state explorer issued an expression of interest for rig-broking consultants. This initiative supports the Mission Samudra Manthan national offshore exploration scheme. The government will provide financial support for deepwater exploration wells. ONGC aims to boost domestic oil and gas production significantly.
Trading sentiment in the stock market this week will be largely guided by the domestic GDP data announcement, crude oil prices, and the US non-farm payrolls report, analysts said. Besides, macroeconomic data announcements, auto sales numbers and trading activity of foreign investors would also guide movement in the market going ahead, they added. “The coming…
The DGCA had previously flagged safety concerns regarding Tecnam aircraft. These issues were raised over a month before the recent Kanpur training plane crash. The regulator had issued specific safety recommendations to flying training organizations. These recommendations followed an earlier crash investigation into a Tecnam P2006T. The DGCA advised immediate implementation of these crucial safety…
Prime Minister Narendra Modi on Sunday appealed to citizens to join hands to free India from the menace of drug abuse, and build a stronger future for the youth. In his monthly radio address ‘Mann Ki Baat’, Modi noted that the ‘Drug-Free Youth for a Developed India’ campaign is gaining momentum across the entire country….
State Bank of India (SBI) and its subsidiary SBI Capital Markets Ltd together plan to dilute up to 1 per cent stake in the National Stock Exchange (NSE) through the exchange’s proposed Rs 30,000-crore initial public offering (IPO). The bank is participating in the NSE IPO and will dilute a 0.65 per cent stake in…
NITI Aayog Vice Chairman Ashok K Lahiri has emphasised that Ladakh’s development strategy should build on its unique strengths, including its natural resources, cultural heritage and renewable-energy potential. He stressed that these advantages must be harnessed in a manner that ensures environmental sustainability and generates livelihood opportunities for the people of the Union territory. Lahiri…
70 rounds fire, 3,000-round test: How India turned Russian AK-203 into its own ‘Sher’
The mysterious disappearance of a Picasso etching since 2018 has come to a surprising conclusion with its rediscovery in a landlord’s apartment. With an estimated worth of $35,000 to $50,000, the piece drew attention when the landlord recognized the signature. After an antique dealer confirmed its validity, the police praised the landlord’s integrity in returning…