The Press Editor

The Rs 22,569-crore initial public offering of the National Stock Exchange of India (NSE) received nearly 6 times subscription on the final day on Monday. The country's second-largest IPO generated nearly Rs 90,300 crore of demand against the Rs 22,568 crore issue size. Ahead of the IPO, the exchange raised Rs 6,746 crore from anchor investors, including state-owned Life Insurance Corporation of India (LIC), Goldman Sachs and Fidelity. NSE IPO Allotment on NSE Step 1: Visit the official website of the NSE  allotment status page or click here https://www.nseindia.com/invest/check-trades-bids-verify-ipo-bids Step 2: Select ‘Equity and SME IPO bids’ Step 3: Choose…

Air travel may cost more this festive season, as the government has said it will not cap airfares but will advise airlines to keep prices reasonable. However, Civil Aviation Minister K Rammohan Naidu also said aviation companies' operating costs have risen due to higher fuel costs. Talking to reporters on the sidelines of signing pacts for the next phase of Udaan, the minister said that in the past also, the government has handled the price situation in terms of festivals or important events. "We engage with the airlines continuously; we also have regular meetings with them. And we definitely point out to…

New Delhi: Several banking services will remain affected for five consecutive days from September 28 to 30, as bank unions have called for a three-day nationwide bank strike following the weekend. The bank strike, from September 28 to 30, has been called by the United Forum of Bank Unions (UFBU), an umbrella body of seven unions representing nearly 90% of bank officers and employees. What are the demands of these banks? The bank unions demand immediate implementation of a five-day work week, a proposal pending since the 2024 wage settlement. They also demand changes to the performance-linked incentive, which they…

Shares of Raymond Limited surged more than 10 per cent during Tuesday's trading session, touching a fresh lifetime high of Rs 1,195.30. The stock has been in the action ever since the company's transformation into a focused aerospace, defence, precision technology and automotive-components platform. The stock opened higher at Rs 1,092.10 on the BSE and gained further to hit the 10 per cent upper circuit of Rs 1,195.30. This is also the stock's fresh 52-week high. The stock's 52-week low is Rs 320.40, hit on March 30, 2026. However, the stock witnessed some profit booking at higher levels. Last seen, the…

Shares of Park Medi World, one of the largest private hospital chains in North India, will be on investors' radar as the company has bagged three major recognitions at a healthcare awards show hosted recently in the national capital. The stock opened in the green amid a positive start in the benchmark indices Sensex and Nifty. They traded higher in early trade following a rally in global markets and easing crude oil prices. The 30-share BSE Sensex was up 42.51 points to 74,901.50 in opening trade, while the 50-share NSE Nifty advanced 39.75 points to 23,454.05. Later, the BSE benchmark…