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Sattva Engineering Construction IPO Day 1: GMP, subscription status, price band, date, other key details in 10 points

New Delhi, Aug. 26 -- Sattva Engineering Construction IPO: The initial public offering (IPO) of engineering, procurement and construction (EPC) company, Sattva Engineering Construction, opened for pub... Read More


FPI ownership in NSE-listed firms drops to 13-year low, domestic mutual funds strengthen hold to all-time high

New Delhi, Aug. 26 -- Foreign Portfolio Investors' (FPIs) ownership in Indian equities continued its downtrend in the June quarter, with their share in NSE-listed companies slipping 16 basis points (b... Read More


Nifty below 24,850; PSU bank shares slide for the 5th day

Mumbai, Aug. 26 -- The domestic equity benchmarks traded with significant cuts in the early afternoon trade, weighed down by concerns over potential U.S. trade actions. Sentiment turned cautious after... Read More


New ITI upgradation plan aims to enhance employability and seat utilisation

India, Aug. 26 -- The skill development and entrepreneurship ministry is planning to modernise 1,000 government Industrial Training Institutes (ITIs) over five years through a hub-and-spoke model. The... Read More


Bangladesh lost Tk 1.88 trillion in VAT evasion, exemptions in FY23, study finds

Bangladesh, Aug. 26 -- The National Board of Revenue (NBR) may have lost as much as Tk 1.88 trillion in the 2022-23 fiscal year due to widespread exemptions and evasion in the country's value-added ta... Read More


PM Modi flags off first e-Vitara in Gujarat as Maruti Suzuki begins production

India, Aug. 26 -- Maruti Suzuki India Ltd. has started production of its first electric vehicle at its Hansalpur facility in Gujarat, with exports firmly in sight. Prime Minister Narendra Modi on Tue... Read More


Patel Retail share price falls on profit booking after strong listing. What should allottees do?

New Delhi, Aug. 26 -- Patel Retail share price fell on Tuesday's session on profit booking after a solid debut on the bourses. Patel Retail share price began the day at Rs.300, reflecting a rise of 17... Read More


Arisinfra's subsidiary launches Rs 250 crore luxury villa project in North Bengaluru

Mumbai, Aug. 26 -- With a total development area of 275,000 square feet and a saleable area of 235,000 square feet, the project is anticipated to have a gross development value (GDV) exceeding Rs 250 ... Read More


Elon Musk's xAI sues Apple and OpenAI over AI competition

United Kingdom, Aug. 26 -- Elon Musk's artificial intelligence venture, xAI, has launched a high-stakes legal battle against tech giants Apple and OpenAI, accusing them of colluding to suppress compet... Read More


Vietnam's landmark resolution shifts mindset towards private firms: scholar

London, Aug. 26 -- The Politburo's Resolution 68-NQ/TW on the development of the private economic sector is a watershed document that marks a fundamental shift in the perception and mindset towards pr... Read More