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Patel Retail IPO subscribed 6.39 times

Mumbai, Aug. 19 -- The initial public offer of Patel Retail received bids for 4,99,04,186 shares as against 78,15,612 shares on offer, according to stock exchange data at 17:00 IST on Tuesday (19 Augu... Read More


Indices extend their winning streak, riding the wave of reform hopes

Mumbai, Aug. 19 -- The main equity indices closed with modest gains today, marking their fourth consecutive session of gains, as investor sentiment was lifted by optimism about potential GST reforms a... Read More


SEBI proposes staggard approach for achieving minimum public shareholding requirements

Mumbai, Aug. 19 -- In a consultation paper released on Monday, the securities market regulatory SEBI has recommended relaxing the minimum public offer requirements for very large companies, and also e... Read More


Japan's Nikkei dips 0.38%

Mumbai, Aug. 19 -- Japanese markets slipped from record highs as investors booked profits after recent strong gains. The Nikkei average dipped 0.38 percent to 43,546.29 while the broader Topix index c... Read More


Economic Buzz: Eurozone current account surplus at one year high

Mumbai, Aug. 19 -- The euro area current account surplus rose to one-year high in June, data from the European Central Bank showed on Tuesday. The current account surplus rose to EUR 36 billion from ... Read More


Quick Wrap: Nifty Media Index records a surge of 1.34%

Mumbai, Aug. 19 -- Nifty Media index ended up 1.34% at 1671.5 today. The index has lost 6.00% over last one month. Among the constituents, PVR Inox Ltd jumped 3.84%, Hathway Cable & Datacom Ltd rose 2... Read More


Kernex Microsystems consortium wins order worth Rs 151 cr

Mumbai, Aug. 19 -- Kernex Microsystems (India)- KEC consortium has received a letter of acceptance from West Central Railways, Bhopal for provision of KAVACH on UHF backbone with OFC with route divers... Read More


Sensex, Nifty extend gains for 4th day; oil & gas shares in demand

Mumbai, Aug. 19 -- The domestic equity benchmarks ended with decent gains today, extending their winning streak to a fourth straight session, as investor sentiment was buoyed by optimism surrounding p... Read More


Provigil Surveillance receives LoA worth Rs 85 cr from RVNL

Mumbai, Aug. 19 -- Provigil Surveillance, the wholly owned subsidiary of Magellanic Cloud has received a Letter of Acceptance (LoA) from Rail Vikas Nigam (RVNL) for the provision of Video Surveillance... Read More


Sarda Energy rises after winning bid for Senduri Coal Mine in Madhya Pradesh

Mumbai, Aug. 19 -- The bid involves a 9.50% revenue-sharing agreement with the State Government. The mine boasts total geological reserves of 248.54 million tonnes of G9 (provisional) grade coal. Form... Read More