How to Check Allotment Status 🔗You can check your HDB IPO allotment via BSE, NSE, or the registrar MUFG Intime (formerly Link Intime). Here are direct links and step-by-step instructions: 1. BSE1. Visit the Applications → IPO Allotment page2. Select Equity as the issue type3. Choose HDB Financial Services IPO4. Enter your Application Number or…
Prime Minister Narendra Modi, in a historic move, met with UAE President Sheikh Mohammed Bin Zayed Al Nahyan in Abu Dhabi, marking a significant milestone in bilateral relations. During this momentous occasion, the PM took the opportunity to launch the UPI RuPay card service, a groundbreaking initiative aimed at fostering seamless cross-border transactions between India…
Advanced Stage of RBI’s Vetting Process for IDBI Bank Sale The Reserve Bank of India’s (RBI) review of potential bidders for IDBI Bank’s stake sale is progressing well, as reported by Tuhin Kanta Pandey, Secretary of the Department of Investment and Public Asset Management (DIPAM). This development marks a significant step in the strategic disinvestment…
Market Normalization: A Buying Opportunity for Long-Term Investors Veteran investor and Kotak Mahindra Asset Management MD Nilesh Shah sees the recent market correction as an opportunity for long-term investors to selectively accumulate quality stocks. He advises against basing investment decisions solely on the past six months’ returns, emphasizing that the market is now trading at…
A new settlement mechanism for foreign portfolio investors (FPIs) has led to efficiency gains of Rs 2,000 crore annually, according to Sebi. The regulator introduced this system on September 9, enabling FPIs to access sale proceeds on the T+1 day. In a circular issued on Wednesday, Sebi stated that FPIs can now obtain the proceeds…
The euro and Japanese yen surged against the U.S. dollar on Thursday as investors assessed the far-reaching consequences of President Donald Trump’s sweeping tariffs on global trade and economic growth. With concerns mounting over a potential trade war, investors flocked to safe-haven currencies like the yen and Swiss franc, driving the dollar to its lowest…
At the annual general meeting (AGM) of Adani Enterprises, chairman Gautam Adani emphasized the company’s strategic positioning to benefit from the burgeoning infrastructure sector in India. Addressing shareholders via video conference at the company’s 32nd AGM, Adani highlighted the critical role state governments play in driving infrastructure investments. Strategic Position in Infrastructure Gautam Adani stated,…
Ahead of Lok Sabha Election Results, Ambareesh Baliga is Bullish on This Multibagger PSU Stock As India anticipates the outcome of the ongoing Lok Sabha elections due on June 4, investors are keenly looking for investment opportunities in the stock market. With headline indices Sensex and Nifty50 making volatile moves near their all-time highs, analysts…
NASA’s Pace satellite soared into the cosmos, marking a pivotal moment in climate research. Here’s how this groundbreaking mission is set to reshape our understanding of Earth’s oceans and atmosphere. Unveiling Earth’s Dynamic Environment The launch of NASA’s Pace satellite heralds a new era of exploration, as it embarks on a mission to unravel the…
In a significant stride towards sustainable urban mobility, JBM Auto is poised to actively participate in the pioneering PM-eBus Sewa scheme, a monumental endeavor set to revolutionize public transportation. With an allocated budget of Rs 57,613 crore, this visionary scheme aims to introduce 10,000 electric buses across 169 cities, leveraging the power of the public-private…
