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Sapphire Foods subscribed 49% on Day-1 on strong retail interest

Sapphire Foods is one of Yum's franchisee operators in the Indian subcontinent; it runs KFC, Pizza Hut and Taco Bell outlets

Top headlines: Paytm IPO subscribed 48% on Day 2; M&M Q2 net surges 8-fold

Business Standard brings you the top stories from today

Top 50 Indian stocks to switch to new settlement cycle only in 2023: Report

The nation looks to push ahead with the trade plus one day or T+1 system, which most global markets are yet to implement, from February next year

Market Wrap Podcast, Nov 9: Here's all that happened in the markets today

The benchmark indices consolidated in trades on Tuesday after two days of decent gains amid tepid global cues

Paytm IPO half covered on Day-2 on interest from retail investors

The firm is eyeing bids worth at least Rs 5,000 cr on the final day. While most bids in any IPO come on the last day, the response so far is nevertheless subdued, said market watchers

Life sciences company Tarsons Products' IPO to open on November 15

The initial share sale of life sciences company Tarsons will open for public subscription on November 15.

World stock markets lower after Wall Street hits record again

Global stock markets were mixed Tuesday after Wall Street hit a record for an eighth day. London opened little-changed while Frankfurt, Shanghai and Hong Kong advanced. Tokyo and Sydney declined. On Wall Street, the future for the benchmark S&P 500 index wa

Cryptocurrency market cap hits $3 trn mark for 1st time, Bitcoin on fire

Bitcoin and Ether created a new all-time high of $68,641.57 and $4,857.25 on Tuesday

L&T hits new high on winning significant orders; stock up 11% in 6 days

The company's construction arm has secured significant orders (ranging between Rs 1,000 to Rs 2,500 crore) for its businesses in India.

Top MF execs to speak at Business Standard BFSI Insight Summit on Tuesday

The keynote speaker for the evening will be Usha Thorat, chairperson of the Mutual Fund Advisory Committee and former RBI deputy governor

Paytm: India's largest-ever IPO seen as a 'high-risk bet' for investors

The Ant Group-backed company's $2.5 billion offering, which opened Monday, is the biggest initial share sale in India and will close on Nov. 10

BSE StAR MF hits new highs, processes 2.65 mn transactions on Nov 8

Leading stock exchange BSE on Tuesday said its mutual fund distribution platform StAR MF has processed a record of 26.52 lakh transactions in a single day on Monday. It surpassed its previous best single-day record of 24.08 lakh transactions registered on Se

Tata Motors DVR hits over 4-year high; stock surges 53% in one month

Tata Motors DVR surged 9% to Rs 292.70, its highest level since June 2017

This Jhunjhunwala-owned stock hits over 13-year high; rises 102% in 6 mths

Aptech rallied 9% to Rs 407, its highest level since January 2008.

S H Kelkar and Co zooms 19% after 10% equity changes hands via block deals

At 09:15 am; around 14.12 million equity shares, representing 9.99 per cent of total equity of S H Kelkar and Company changed hands on the BSE, the exchange data shows.

Bitcoin breaks past $68,000, ether nears $5,000 as flows surge in crypto

Bitcoin and ether made record peaks in Asia trade on Tuesday, with enthusiasm for cryptocurrency adoption and worry about inflation driving momentum and flows into the asset class.

TVS Motor soars 11%, nears record high on fund raise buzz for EV subsidiary

TVS Motor is in talks with a clutch of global private equity investors to raise $300-500 million for its electric vehicle subsidiary, reports suggest

Britannia Industries dips 5% on margin disappointment in Q2

The company said its operating margin contracted by 425 basis points (bps) to 14.09 per cent in Q2FY22 from 18.34 per cent in Q2FY21

MARKETS: Sensex up 100 pts in pre-open, Nifty holds 18,050

Stock market LIVE: The One97 Communications' Rs 18,300-crore IPO, the parent company of Paytm, was subscribed 18 per cent at the end of Day 1 of the issue

Stocks to Watch: RIL, Aurobindo, BHEL, M&M, Jet Airways, IDFC, PowerGrid

FII fund flows, corporate earnings and ongoing IPOs likely to be in focus today

Mark Mobius bets on '50-year rally' in Indian stocks as China slows down

Emerging-market equities have trailed behind their developed-nation peers this year, held back by losses in China as the government has roiled markets with a widespread regulatory crackdown.

Here's why Osho Krishan recommends buying KEC, Tata Motors DVR

According to the technical analyst from Anand Rathi, TATAMTRDVR is strongly poised to surge higher in the near future as the technical chart construes sturdy formation post its gap-up setup

Paytm vs Sapphire Foods: Which IPO is better for listing gains?

The parent firm of Paytm has launched India's biggest IPO. And the owner of Pizza Hut and KFC is opening its IPO today. Both these companies are loss-making. So, what should investors do?

Gold price today Rs 48,030 for 10 gram; silver at Rs 64,800 per kg

The price of 10 gram of gold on Tuesday increased by Rs 810 to Rs 48,030 for 24-carat.

Rs 100-crore money laundering racket via crypto scheme busted

The kingpin of the racket is absconding, police said

Crypto world hits $3 trillion market cap as ether, bitcoin gain in trade

The third- and fourth-biggest tokens, Binance Coin and Solana, have added more than 20% in the past seven days

Bitcoin inflows hit record high so far in 2021: CoinShares data

Bitcoin inflows totalled $95 million last week, representing the largest inflows of all digital assets

Sensex jumps 478 points as Infosys, HDFC advance; Titan rises over 4%

After a volatile session, the 30-share index ended 477.99 points, or 0.8 per cent higher, at 60,545.61

Sapphire Foods raises Rs 933 crore from anchor investors ahead of IPO

Sapphire Foods India Ltd, which operates KFC and Pizza Hut outlets, on Monday said it has raised Rs 933 crore from anchor investors ahead of its IPO rollout on Tuesday. The company has decided to allocate a total of 79,06,473 equity shares to 53 anchor inves

FPIs can invest in debt securities issued by InvITs, REITS: RBI circular

The Reserve Bank on Tuesday said FPIs have been permitted to invest in debt securities issued by Infrastructure Investment Trusts (InvITs) and Real Estate Investment Trusts (REITs) by FPIs

Sebi levies fine on two employees of Titan Company for disclosure lapses

They traded in the scrip of Titan with total value of transactions in excess of Rs 10 lakh

Top headlines: India to buy 10 mn doses of ZyCoV-D; Britannia Q2 net falls

Business Standard brings you the top headlines from today

Inspira Enterprise gets Sebi's go-ahead to raise Rs 800 cr via IPO

IT solution provider Inspira Enterprise India has received markets regulator Sebi's go-ahead to raise Rs 800 crore through an initial public offering (IPO)

Market Wrap Podcast, Nov 8: Here's all that happened in the markets today

The NSE Nifty also hit a low of 17,836 and a high of 18,088 before settling 152 points higher at 18,069

Sebi allows foreign portfolio investors to write off debt securities

Markets regulator Sebi on Monday allowed foreign portfolio investors (FPIs) to write off all debt securities that they are unable to sell.

Paytm's Rs 18,300 crore IPO subscribed 17% on Day-1

Paytm has already allotted shares worth Rs 8,235 crore to anchor investors

Here are analysts' top India stock picks for the festive season

Indian brokerages, which traditionally release picks for the new year in this seasons, are bullish this time on mid-sized names that are focused on reopening of business and travel activity in India

Stock exchanges to start T+1 settlement cycle from Feb 25, 2022 in phases

Bottom 100 stocks by m-cap to be transitioned first, followed by next bottom 500 stocks in March 2022; phase-wise transition to give all market participants, including FPIs, time to shift

Exchanges decide to implement T+1 settlement cycle in phased manner

T+1 means that market trade-related settlements will need to be cleared within one day of the actual transactions taking place
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