Thu, Feb 1, 2024 1:13 PM
FM waives off disputed direct tax demand of Rs 10,000-25,000
A Flip by Shubhangi Gupta
Neelam Linens and Garments (India) is set to open its Rs 13-crore initial public offering for subscription on November 8. The price band has been fixed at Rs 20-24 per share. The book-built issue consists of fresh issue component of 54.18 lakh shares with no offer-for-sale portion. Thus, the entire IPO funds will go to the company.
Open Flip
Chinese electric vehicle firms are expected to maintain their competitive edge in the EU market despite new tariffs, thanks to their production and pricing advantages, according to industry officials. Chinese carmakers' expertise in EV manufacturing can be replicated in other markets, and they plan to absorb or address the tariff challenges through partnerships and global supply chain integration.
Open Flip
Five firms, including BSE, Oberoi Realty and Voltas, will be added to the MSCI India Index effective November 25, 2024, as per the latest index review by MSCI.BSE, Oberoi Realty, Kalyan Jewellers, Alkem Laboratories and Voltas are the additions to the MSCI India Index, according to an announcement by index compiler MSCI.
Open Flip
