Protean opens flat, rises 12.5% on listing day November 14th, 2023 09:27
The ₹490-crore IPO was subscribed almost 24 times. The retail investors' segment was subscribed 8.93 times, while the non-institutional investor or high net worth investor segment was subscribed 31.62 times. The qualified institutional buyers' portion was subscribed 46.94 times.

Coal India pricing reasonable, still top pick post rally November 14th, 2023 09:27
The average price target on Coal India of all analysts compiled by Bloomberg following the second quarter results is at ₹338.22, almost 3% lower than its closing price of ₹349.35 on Monday. Brokerage Jefferies said that the company's earnings outlook has improved due to better volume growth and lower-than-expected cost trajectory. It upgraded the EPS estimates to 18-42% for FY24-26.

Sebi nod for IPOs of Fedbank Financial, Epack Durables & Suraj Estate Developers November 14th, 2023 09:27
The regulator issued its final observations on the draft papers filed by the companies earlier this month. When a company receives a final observation from Sebi, it's a signal from the regulator to go ahead with the IPO process.

Looking for power play? Buy these 5 stocks as SIP, says Sanjiv Bhasin November 14th, 2023 09:27
“You can add a Tata Power which will be the best power play on the private side but do not miss this basket of REC, PFC, NTPC, and Coal India and add an NMDC. If you bought these five stocks as SIP, you will be richly rewarded for the next six months but add Tata Power in that basket.”

Asia stocks rise ahead of US inflation data; yen stumbles November 14th, 2023 09:27
MSCI#39;s broadest index of Asia-Pacific shares outside Japan was 0.49% higher, while Tokyo#39;s Nikkei gained 0.36%. Australia#39;s SP/ASX 200 index was up 0.61%.

Thrift and Spendthrifts: Meet the Gen Z who know the ABC of investment November 14th, 2023 09:27
The Insta generation is just about getting used to financial independence, thanks to their first salaries. While some choose to spend like there’s no tomorrow, others have their sights on growing their wealth. Parental habits and increased financial literacy help them tilt towards savings.

Unity, not division, could help evolve climate, biodiversity finance roadmap November 14th, 2023 09:27
The proposed Loss and Damage Fund to be delivered by the World Bank is welcome, but it should not be considered the only source of climate finance

AI race between nations and the spectre of digital imperialism November 14th, 2023 09:27
Any concentration of power may result in the extraction of data, resources and influence from less developed nations, perpetuating a form of digital colonialism

IREDA sets Rs 30-32 price band for its IPO November 14th, 2023 09:27
Basis of allotment will be on November 23, initiation of refund will be on November 28 and the firm will list on exchanges on December 1.

Govt looks to offload 5-10% in some public sector banks November 14th, 2023 08:27
The government is keen to take advantage of the sharp rally in share prices of public sector banks (PSBs) that are riding on much-improved financial performance and fundamentals. The stake sale can be conducted through the offer-for-sale route for lenders that are not inclined toward a rights issue, said people aware of the deliberations.