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US stocks opened August with strong gains, pushing the Dow Industrials to a record closing high. Easing oil prices and Treasury yields supported the market’s upward movement. Communication services sector led gains, while energy experienced a decline. Amazon’s market value surpassed three trillion dollars for the first time. Investors are now focused on upcoming economic…
Disclaimer: The content of this post is sourced from external sites and is for informational purposes only. All rights and…
Disclaimer: The content of this post is sourced from external sites and is for informational purposes only. All rights and…
Sebi has exempted six Muthoot family trusts from an open offer requirement. This exemption pertains to the indirect acquisition of shares in Muthoot Microfin. The restructuring involves multiple share transfers among family trusts and spouses. Muthoot Fincorp’s board approved an IPO, necessitating transaction structure changes. The exemption is valid for one year and subject to…
The government will launch LIC’s offer for sale for non-retail investors on Tuesday and retail investors on Wednesday. It plans to divest up to 6.5% through a base 2.5% offer and green shoe option, advancing minimum public shareholding compliance.
Disclaimer: The content of this post is sourced from external sites and is for informational purposes only. All rights and…
The government will launch LIC’s offer for sale for non-retail investors on Tuesday and retail investors on Wednesday. It plans to divest up to 6.5% through a base 2.5% offer and green shoe option, advancing minimum public shareholding compliance.
Paintmaker cites healthy demand despite geopolitical disruptions; expects festive season to support growth.
Amazon crossed a $3 trillion market valuation after strong earnings and robust cloud growth reinforced confidence in its AI investments. Shares hit a record high, while investors rewarded the company for demonstrating improving returns from heavy AI infrastructure spending.