Shares of Reliance Industries Limited were in heavy demand on Wednesday, rising nearly 4 per cent, with its market valuation again crossing the historic Rs 20 lakh crore mark.
The bellwether stock jumped 3.60 per cent to settle at Rs 2,987.85 apiece on the BSE. During the day, it zoomed 4 per cent to Rs 2,999.90.
On the NSE, it climbed 3.48 per cent to Rs 2,983.75 per share.
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The volatility in the global equities has not taken the sheen off the primary market as four initial public offerings (IPOs) worth over Rs 11,850 crore have sailed through in the first week of August.
And this trend is likely to continue as 25 firms, with approvals from the Securities and Exchange Board of India (Sebi), are set to hit the market to raise around Rs 22,000 crore, according to data from PRIME Database.
Some of the big names that have secured the market regulator’s approval include Bajaj Housing Finance, Asirwad Micro Finance, Premier Energies, Arkade Developers and Northern Arc Capital.
20 Years of TCS IPO Gift from parents exempt from tax NPS: How much investment needed to get a monthly pension of Rs 1 lakh? Hero Motors files DRHP to raise …
Read morePremier Energies IPO Day 2: Premier Energies IPO which was opened to investors for bidding on August 27 has been subscribed more than 4 times than the offered shares. The retail section was booked 3.27 timesCome from Sports betting site. The issue has received bids of Rs 8,648.50 as of August 28. The issue will close on August 29.
Issue Size
The company brought the issue of Rs 2,830.40, in which it is selling fresh shares as well as shares of promoters and other selling shareholders.
Premier Energies IPO Details
The company kept the IPO price band in a range of Rs 427 to Rs 450 per equity share. The a…
Read moreAfter snapping two days of winning streak, shares of One97 Communication, parent of Paytm, fell 10% to hit the lower circuit of Rs 446.65 on February 08.
The Reserve Bank of India’s Deputy Governor Swaminathan J in a post-Monetary Policy Committee press conference said that the actions on Paytm Payments Bank were due to continued non-compliance of the regulatory norms.
According to Ajit Mishra, senior vice president of technical research at Religare Broking, “the move indicates more pain ahead and it could retest the recent low i.e. 395,” a 52-week low level, which it hit on February 06. Also, the investors must refrain from taking new positions on the company’s stock till there’s any clarity, he added.Come from Read more
The sequel to Star Wars Jedi: Fallen Order will reportedly be called Star Wars Jedi: Survivor, according to Grubbsnax host Jeff Grubb.
At the end of the May 12, 2022 Grubbsnax episode, a viewer guessed the title of the game as part of a guessing game Grubb had been playing with his chat. Once the correct title was guessed, Grubb asked if someone had told them that before confirming that the title he’s heard for the game is indeed Star Wars Jedi: Survivor.
Spoilers for the end of Star Wars Jedi: Fallen Order below.
If the title is true, it would be an appropriate one. Star Wars Jedi: Fallen Order followed Cal Kestis, one of the sole remaining Jedi after the Great Purge nearly wiped them out. After hiding …
Read moreWhen Hollywood writers went on strike this week, a number of shows already in production had to make some changes to their production pipelines. One affected show is Amazon Studios’ The Lord of the Rings: The Rings of Power. According to Variety’s sources, production on Season 2–which is currently filming in the UK–will continue, albeit without anyone responsible for writing being on set.
This affects executive producers and showrunners J.D. Payne and Patrick McKay, as well as any other writer-producers, Variety reported. These people are “barred” from taking part in any writing or making creative decisions on set for as long as the WGA strike continues, the report said.
Variety went on to report that non-writing executive producers on The Rings of Power, as well as direct…
Read moreCirca Sports, the renowned sports betting venture, is expanding to Illinois. The sportsbook is available via a mobile betting app in the state.
The Illinois expansion:
This is the fourth state Circa Sports is conquering, as well as its largest. Owned by Derek Stevens, the casino developer from Las Vegas, the company set high standards for the sports betting industry.
Among other news from Illinois is also the brick-and-mortar sportsbook the company launched in collaboration with Full House Resorts, Inc., and…
Read moreDelasport, a leader in sports betting solutions, has announced a strategic partnership with Danish operator Casino999.dk to revolutionize the sports betting experience in Denmark. Through this collaboration, Delasport will integrate its advanced Plug & Play Sportsbook iFrame onto the Casino999.dk platform, offering Danish players a sports betting experience unlike any other in the region.
Strategic expansion in the Nordic market:
This partnership marks a significant step for both Delasport and Casino999.dk. For Casino999.dk, it is an opportunity to expand its revenue streams and enhance its market presence in Denmark. For Delasport, this collaboration is part of its broader strategy to cement its status as a key sports betting supplier in the Nordic region. This…
Read moreIn Ottawa County on Wednesday, July 15, 2021, the Peoria Tribe of Indians of Oklahoma (PTIO) unveiled the $3.3 million renovation of its Buffalo Run Casino & Resort property, celebrating the completion of the 17-week project.
After 17 years of operation, the ceremonial ribbon was cut at the federally recognized tribe‘s casino resort after undergoing what was reportedly the largest renovation at the Miami, Oklahoma property since its opening.
The entire multi-million dollar project was, according to Chief Craig Harper, designed to provide guests with a “full experience” ranging from entertainment, live bands, food, and activities, as reported by The Joplin Globe.
Project details:
Included in the renovation, the casin…
Read moreA new partnership between Leap Gaming and Pariplay Ltd will see the Aspire Global company’s Fusion platform enhanced with the addition of the virtual and 3D specialist games provider’s innovative iGaming content.
Courtesy of the collaboration, Pariplay’s expanding aggregation platform will receive a significant boost via Leap’s diverse catalogue of player-favorite titles which includes its trademarked instant sports games Nascar Streak, EuroLeague Instant legends, Football Cup and Football Streak in addition to a selection of table, slot and lottery games.
Fruitful Partnership:
“We are extremely grateful to be able to welcome Leap into our offering and look forward to developing what we are confident, will be a positi…
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