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IndiGo has signed a significant MoU with CFM International for over 1,000 LEAP-1A engines. This agreement marks the largest single order ever placed for LEAP engines. CFM International will also support IndiGo’s new engine maintenance facility. The airline’s partnership with CFM International continues its growth phase. This deal strengthens IndiGo’s expanding fleet and operational reliability.
Disclaimer: The content of this post is sourced from external sites and is for informational purposes only. All rights and…
SBI Funds Management shares debuted on D-Street Tuesday, listing at a premium. The IPO saw robust investor response, subscribed over forty-one times overall. Institutional investors drove demand, with QIB portion subscribed impressively. The company is India’s largest AMC by Quarterly Average Assets Under Management. Financials show consistent revenue and profit growth over three years.
Disclaimer: The content of this post is sourced from external sites and is for informational purposes only. All rights and…
Bangalore-based Indo-MIM has announced the price band of its ₹3,812 crore-Initial Public Offering (IPO) at ₹461-485 per share. The issue will open for subscription on July 23 and close on July 27.
Gold prices saw an increase as oil prices softened due to diplomatic efforts. Yemen’s Houthis threatened a naval blockade, which could disrupt oil shipping routes. This situation comes amid ongoing tensions between the United States and Iran. Mediators have presented proposals to Tehran, indicating active diplomatic contacts. Meanwhile, Russia’s gold reserves have seen a slight…
The Securities and Exchange Board of India fined CDSL one crore rupees. This penalty addresses cybersecurity and operational lapses following a malware attack. The depository failed to adequately secure critical systems, which disrupted operations. CDSL’s systems were isolated from the market after the incident. No monetary penalty was imposed on former top officials.
Millworks Technologies shares: The Rs 160.34 crore IPO attracted overwhelming investor interest, closing with an overall subscription of more than 219 times.
Paytm parent One 97 Communications has shelved its proposed first-ever bonus share issue for now, opting to focus on business growth and improving profitability to create long-term shareholder value. The decision was taken by the board at its July 20 meeting.
Alpine Texworld shares: The stock is expected to debut with only a marginal gain, as the grey market premium stands at about 1%, implying a listing price of around Rs 106 against the upper issue price of Rs 105. The IPO, which was open from July 14 to July 16, was subscribed 1.40 times overall,…