Sona Comstar IPO final day: Issue subscribed 2.33 times, QIB portion booked 3.54 times

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Sona BLW Precision Forgings Limited (Sona Comstar), one of India’s leading automotive technology companies; received bids of 24,44,26,935 shares against the offered 10,71,05,262 equity shares, as per the 5:00 pm data available on the bourses.

Top 5 Things To Know Before The Market Opens

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Must Know Things
A stock market is a place in which long-term capital is raised by industry and commerce, the government, and local authorities, and it is regarded as a capital market. The money derives from private investors, insurance companies, pension funds, and banks and is usually arranged by issuing houses and merchant banks. Stock exchanges are also part of the capital...

Nutraceutical Start-up Power Gummies raises US$1 million in a fresh funding round led by 9Unicorns

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Nutraceutical start-up Power Gummies recently raised its second bridge round funding of approximately US$1 million at an undisclosed valuation from investors such as DSG and Pivot Ventures.

Attackers Targeted Users Through Dating Sites and Lured Victims into Installing Money-stealing Apps Disguised as Popular Brands

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Money Stealing Apps
Technology photo created by master1305 - www.freepik.com OXFORD, U.K. – Sophos, a global leader in next-generation cybersecurity, has identified a stash of 167 counterfeit Android and iOS apps that attackers are using to steal money from people who believe they have installed a financial trading, banking or cryptocurrency app from a well-known and trusted organization. A report on the...

Investment Idea : Varun Beverages

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Investment Idea
Source : motilaloswal.com Set for next leg of growth Varun Beverages (VBL) is engaged in the manufacture, sale, bottling, and distribution of PepsiCo’s beverages in pre-defined territories in India. Demand drivers in place to drive growth: Impacted by the initial phase of COVID-19, VBL’s demand recovered strongly from the latter part of CY20 - led by: a) pick-up in volumes in the newly...

449 infra projects hit with cost overruns worth Rs 4.29 lakh cr

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As many as 449 infrastructure projects, each worth Rs 150 crore or more, have been hit by cost overruns totalling more than Rs 4.29 lakh crore, according to a report. The Ministry of Statistics and Programme Implementation monitors infrastructure projects worth Rs 150 crore and above. Of the 1,736 such projects, 449 reported cost overruns and 547 were delayed. "Total original...

Energy cooperation cornerstone of ties with India, says US Chamber of Commerce

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Energy cooperation is a cornerstone in the India-US relationship, according to a top official from the US Chamber of Commerce as New Delhi embarks on a strong multi-decade energy transformation journey. Energy cooperation is a cornerstone in the US-India relationship and of increasing strategic importance to both countries, said Nisha Desai Biswal, senior vice president for international strategy at the...

PVR to invest Rs 150 cr to add 30-40 screens across the country next fiscal

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Multiplex major PVR plans to invest Rs 150 crore to open up to 40 screens across the country in the next fiscal The company's target of having 1,000 operational screens has been pushed by a year due to the outbreak of the COVID-19 pandemic to the end of fiscal 2022-23, a top company official has said.

Systematic Investment Plan: Your Key to Financial Success

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A mutual fund is a pool of professionally managed funds that invest in a portfolio of securities and other money market instruments. Depending on the nature of the scheme and its investment objective, a mutual fund scheme may invest across fixed income securities, asset classes and money market instruments like company stocks, equity, company fixed deposits, debentures, commercial papers,...

Should I change mutual funds in my portfolio?

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Financial planning is essential for anyone who wishes to become wealthy over the long term. It is almost impossible to become rich overnight. Also, the term financial planning may sound complex but it is all about determining your life’s short term and long term goals and also mastering the art of money management. Depending on your financial goals, your...