Tag: high

Fundraising through SME IPOs hit a new high in FY24, Rs 5,579 crore raised | News on Markets

Premium The minimum application size for SME issues is around Rs 1 lakh, compared to Rs 15,000 for the mainboard issues The initial public offerings (IPOs) by small and medium enterprises firms hit a new high in the financial year 2023-2024 (FY24). In this fiscal year, data from the Prime Database showed that 190… Continue reading Fundraising through SME IPOs hit a new high in FY24, Rs 5,579 crore raised | News on Markets

Hyundai’s Tamil Nadu unit moves into high gear with AI at the wheel | Company News

Located approximately 40 kilometres southwest of Chennai, the capital city of Tamil Nadu, Sriperumbudur boasts a harmonious blend of rural charm, industrial vibrancy, and metropolitan influence. The area houses manufacturing facilities for major companies such as iPhone maker Foxconn, Samsung, Royal Enfield, Dell, Mitsubishi, and Nissan, among others. In this zone, Hyundai… Continue reading Hyundai’s Tamil Nadu unit moves into high gear with AI at the wheel | Company News

Orient Cement hits 52-week high on heavy volumes; zooms 25% in 3 days

Shares of Orient Cement rallied 13 per cent to hit a 52-week high of Rs 178 on the BSE in Monday’s intra-day trade on the back of heavy volumes. In the past three days, the stock of the cement & cement products company has zoomed 25 per cent. The upward movement in the stock price of… Continue reading Orient Cement hits 52-week high on heavy volumes; zooms 25% in 3 days

Aurobindo Pharma hits 2-year high; stock zooms 100% thus far in 2023

Shares of Aurobindo Pharma hit a two-year high of Rs 872.95, as they gained 4 per cent on the BSE in Monday’s intra-day trade after the company got US drug regulator’s approval for skin and bone infection drug. The stock was trading at its highest level since August 2021. Thus far in calendar year 2023,… Continue reading Aurobindo Pharma hits 2-year high; stock zooms 100% thus far in 2023

Bears may tighten grip on OMC stocks as Crude Oil trades at 6-week high

Web Exclusive Premium OMC stocks are under pressure Oil prices surged for the 6-consectuive week, climbing a 3-month high post displaying a strong accumulation near $70 per barrel from March to June of this year.  This is the sharpest and straight up jump the Brent Crude has observed following an intense sell-off since… Continue reading Bears may tighten grip on OMC stocks as Crude Oil trades at 6-week high

Investors in India see yet another year of high rates on price shock

By Subhadip Sircar and Malavika Kaur Makol   Traders in India are pushing back rate-cut bets to later next year as a sudden spike in food prices may send inflation above the central bank’s tolerance limit.    Overnight-indexed swaps show that India’s borrowing costs are likely to decline only in the second… Continue reading Investors in India see yet another year of high rates on price shock

Honeywell appoints Maheshwari as prez & CEO of High Growth Region Portfolio

Honeywell on Friday announced that Anant Maheshwari would take over as the president and CEO of Honeywell’s High Growth Region portfolio effective September 4, 2023. Maheshwari was the president of Microsoft India.   He will succeed Ben Driggs, who will be taking another leadership role in the company. Maheshwari will be a corporate… Continue reading Honeywell appoints Maheshwari as prez & CEO of High Growth Region Portfolio

Microsoft’s Anant Maheshwari joins Honeywell’s High Growth Regions division

The former Microsoft India head, Anant Maheshwari has been appointed president and chief executive officer (CEO) of Honeywell’s High Growth Regions division according to a release shared by the company. In this new role, Maheshwari will drive strategic growth initiatives across key markets including China, India, Southeast Asia, Middle East, Central Asia, Africa,… Continue reading Microsoft’s Anant Maheshwari joins Honeywell’s High Growth Regions division