Business

22

Jan

By The Press Editor

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Business

Shadowfax IPO GMP today: Subscription window to close soon, check listing date and other details

Shadowfax IPO GMO today: The price band has been fixed at Rs 118-124 apiece for the IPO, valuing the company at over Rs 7,100 crore at the higher end. Mumbai: Today is the last day of the three-day subscription window for the initial public offer of logistics services provider Shadowfax Technologies Ltd. The public issue has so far received good response from investors and is fully subscribed. At the time of writing the report, the IPO saw 1.14x subscription, driven by good demand from retail individual investors (RIIs). According to the data available on the National Stock Exchange (NSE), the…

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22

Jan

By The Press Editor

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Business

Share India Securities may announce third interim dividend with Q3 results, check details here

The stock's 14-day relative strength index (RSI) is 25.65. For the uninitiated, a level above 70 is considered overbought or overvalued, and below 30 is defined as oversold or undervalued. Mumbai: Shares of technology-driven financial company Share India Securities are in focus today as the company has informed exchanges that its board is scheduled to meet on January 27, 2026, to consider and approve quarterly results for the October-December quarter of the financial year 2025-26. As per the company's announcement in an exchange filing, the board will also evaluate and announce the third interim dividend for the shareholders of the…

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22

Jan

By The Press Editor

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Business

IT stock gains over 6% as markets jump 1% on easing global trade tensions, check details

Last seen, the stock held in green at Rs 17.99 with a gain of 3.69 per cent and the market cap of the company stood at Rs 782.69 crore. Mumbai: Shares of IT and AI-focused company Blue Cloud Softech are in action as stock market benchmark indices Sensex and Nifty jumped 1 per cent in early trade today, i.e. January 22, 2026, led by advances in PSU banks, services and auto stocks as global sentiment improved after easing geopolitical trade tensions, lifting the investor sentiment. On Thursday, the 30-share BSE Sensex climbed 774.04 points, or 0.94 per cent, to 82,683.67…

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22

Jan

By The Press Editor

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Business

Gold drops by Rs 4,085 on MCX, silver too falls amid easing geopolitical tensions | Check city-wise rates

MCX Silver price news today, gold rate: On the MCX, the yellow metal futures for April 2026 were down by Rs 2,364 or 1.47 per cent to trade at Rs 1,58,050 per 10 grams in business turnover of 5846 lots. Mumbai: Rates of precious metals in futures trade dropped on Thursday, January 22, 2026, as geopolitical tensions and safe-haven demand ‌eased after US President Donald Trump called off Greenland-related tariffs. The gold February 5 contract on the Multi Commodity Exchange (MCX) opened with a dip of Rs 1,305 at Rs 1,51,557 per 10 grams against the previous close…

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22

Jan

By The Press Editor

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Business

Market Opening Bell: Sensex surges 550 points, Nifty near 25,300 after Trump calls off Greenland-related tariffs

Sensex, Nifty Today: In early trade, market breadth was positive, with 2,202 stocks advancing against 328 stocks declining on the NSE. 40 stocks remained unchanged. Mumbai: Indian equity benchmark indices, the Sensex and Nifty, opened in the green on Wednesday, January 21, 2026, amid positive global cues after US President Trump called off Greenland-related tariffs. While the 30-share BSE Sensex added 550.03 points to start the session at 82,459.66, the Nifty added 186.65 points to open at 25,344.15. In the last trading session, the Sensex closed at 81,909.63 and the Nifty 50 at 25,157.50. Similarly, the broader indices traded in…

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22

Jan

By The Press Editor

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Business

Eternal share price: Stock surges over 7% post strong Q3 results, resignation of Deepinder Goyal

Eternal share price: Deepinder Goyal has announced that he will step down as Group CEO and Managing Director of Eternal, the parent entity of Blinkit and Zomato, with Blinkit CEO Albinder Dhindsa set to succeed him as Group CEO from February 1. Mumbai: Deepinder Goyal has announced that he will step down as Group CEO and Managing Director of Eternal, the parent entity of Blinkit and Zomato, with Blinkit CEO Albinder Dhindsa set to succeed him as Group CEO from February 1.

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22

Jan

By The Press Editor

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Business

Union Budget 2026: Agriculture industry demands tax relief, biofuel and infra push

Stakeholders have emphasised the need for sustained investment in innovation, infrastructure and market reforms to position Indian agriculture as a globally competitive growth engine. New Delhi: Ahead of the FY27 Union Budget, representatives of the agriculture and allied sectors have urged the government to announce tax relief, boost allocations for biofuels, and strengthen support for farmers as the sector grapples with rising climate-related challenges and seeks to improve rural incomes. The demands come at a crucial time, with India nearing the midpoint of its agriculture goals for 2030 while simultaneously laying the foundation for the Viksit Bharat 2047 vision. Stakeholders…

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21

Jan

By The Press Editor

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Business

Pharma stock in focus on advancement in cystic fibrosis active pharmaceutical ingredients, details here

The stock's 14-day relative strength index (RSI) is 82.46. For the uninitiated, a level above 70 is considered overbought or overvalued, and below 30 is defined as oversold or undervalued. Mumbai: Shares of pharmaceutical firm Sigachi Industries are in focus as the company has informed exchanges about the successful advancement of a new cystic fibrosis (CF) active pharmaceutical ingredients (APIs) combination comprising vanzacaftor, tezacaftor, and deutivacaftor. Amid this, shares of the BSE smallcap company started the session in the red at Rs 23.69 against the previous close of Rs 24.23 on the BSE. It fell further before rebounding amid firm…

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21

Jan

By The Press Editor

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Business

Atal Pension Yojana: Cabinet approves continuation of APY till 2030-31, details here

Atal Pension Yojana (APY) was launched on May 9, 2015 with the objective of providing old-age income security to workers in the unorganised sector. New Delhi: The Union Cabinet has approved the continuation of Atal Pension Yojana (APY) up to the financial year 2030-31. The Cabinet has also approved the extension of funding support for promotional and developmental activities and gap funding. APY was launched on May 9, 2015, with the objective of providing old-age income security to workers in the unorganised sector. As of January 19, 2026, over 8.66 crore subscribers have been enrolled under APY. The scheme will…

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21

Jan

By The Press Editor

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Business

Walmart-backed PhonePe gets SEBI nod for IPO, company to file updated draft papers soon

The company has already roped in bankers - Kotak Mahindra Capital, JPMorgan Chase, Citigroup and Morgan Stanley - for launching its initial public offer. Mumbai: Country's biggest fintech firm PhonePe has received SEBI approval for its IPO, and the company will file updated draft papers for listing soon, sources familiar with the development said. The IPO will be an Offer For Sale by existing shareholders. The company will not be raising any additional primary capital in the IPO, said one of the sources. The company has already roped in bankers - Kotak Mahindra Capital, JPMorgan Chase, Citigroup and Morgan Stanley…

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