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“Barring consumer business, ITC’s cigarettes and hotel businesses are yet to recover, and it may take two-three quarters before things gets normalised,” said Pankaj Pandey, head of research, ICICI Securities.
ET Market Watch: Breather for bulls after 7 sessions, financials drag Sensex 264 pts lower
from Stocks-Markets-Economic Times https://ift.tt/xAXb4oh
… Read MoreAhead of IPO, PN Gadgil Jewellers collects Rs 330 crore from anchor investorsPN Gadgil Jewellers Ltd has raised Rs 330 crore from anchor investors ahead of its IPO opening. The IPO, valued at Rs 1,100 crore, includes a fresh issue of shares worth Rs 850 crore and an offer for sale of Rs 250 crore. The… Read MoreSebi board meeting: Nothing on F&O regulation, but top 7 other announcementsDespite expectations, SEBI has decided not to curb weekly F&O expirations or raise minimum contract sizes for now. This comes as the regulator grapples with a surge in speculative trading that has cost retail investors Rs… Read MoreGovernment to launch OFS for 6.78% stake in GIC, floor price set at Rs 395The Centre is set to launch an Offer for Sale (OFS) of 59.5 million shares in General Insurance Corp (GIC), reducing its stake from 85.78% to 79%. The floor price is Rs 395 per share, expected to raise around Rs 4,701 crore. … Read MoreSebi modifies reporting timelines for commercial paper payment obligationsSebi has revised the reporting timeline for entities with listed commercial papers to disclose their payment obligations within one working day of the due date. This change aligns with the requirements for non-convertible sec… Read More
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