IPO Allotment Process Explained: How Shares Are Distributed
Learn how IPO allotment works when oversubscribed or undersubscribed. Discover how retail, HNI, and QIB investors receive shares through proportional allocation or lottery systems.
Learn how IPO allotment works when oversubscribed or undersubscribed. Discover how retail, HNI, and QIB investors receive shares through proportional allocation or lottery systems.
RBI's Monetary Policy Committee begins final FY26 meeting with announcement on February 6. Markets debate further repo rate cuts versus pause as fiscal deficit target, trade agreements reshape economic landscape.
FSN E-Commerce Ventures, Nykaa's parent, reports Q3 FY26 net profit of ₹68 crore, a 157% YoY surge. Revenue grows 27% to ₹2,873 crore, driven by strong beauty segment performance.
Jeff Bezos-owned Washington Post has laid off over 300 journalists, nearly one-third of its newsroom, dismantling international reporting structure and sparking global outcry from affected correspondents.
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RecommendedIndian stock markets closed lower on Thursday with Sensex falling 504 points and Nifty down 133 points, breaking a three-session winning streak amid weak global cues and profit booking.
India's landmark free trade agreement with the European Union, signed after 20 years of negotiations, promises tariff exemptions on over 90% of goods and services, enhancing India's global trade position.
Union Home Minister Amit Shah launched Bharat Taxi, India's pioneering cooperative-led ride-hailing service, in Delhi-NCR and Gujarat. The platform operates on a zero-commission model, with profits shared directly among driver-owners.
Disagreements over payouts and carried interest following Groww's successful IPO led to the exits of partners Ashish Agrawal, Ishaan Mittal, and Tejeshwi Sharma from Peak XV Partners, amid ongoing leadership churn at India's top VC firm.
Bharti Airtel reports 55% YoY decline in Q3 net profit to ₹6,630.5 crore, impacted by new labour code provisions and industry-wide tariff hike uncertainties.
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RecommendedIndian equity benchmarks snapped their three-day rally as the BSE Sensex tumbled 504 points to close at 83,313.93. The Nifty also declined amid broad-based selling pressure.
Gold prices fell below $5,000 on Thursday as the dollar strengthened and U.S.-China tensions eased, reducing safe-haven demand. COMEX gold dropped 3.6% to $4,805, while spot gold declined 0.9% to $4,917.61 per ounce. Major brokerages like JP Morgan and UB
Hyundai Motor India has announced price reductions for select i20 hatchback variants, making the popular model more accessible. The entry-level Era variant now starts at Rs 5.99 lakh ex-showroom.
Amazon India ordered to refund Rs 198 and pay Rs 15,000 compensation to a Sangrur man after delivering 18 grams of seeds instead of 200 grams, as per district consumer commission ruling.
A Noida-based professional's failed gym-side business highlights the harsh realities of entrepreneurship, urging salaried employees to rethink assumptions about easy profits and small ventures.
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RecommendedDSNT cryptocurrency has skyrocketed by 160% as investors anticipate massive 100x returns, positioning it as the next potential crypto to explode in the volatile market.
Solana and Binance Coin face market pressure as DeeplSnitch AI's predictive analytics ignite a 100x countdown trade frenzy among Indian crypto investors.
The Real Estate Regulation Act (RERA) 2016 is a landmark legislation that brings transparency, accountability, and consumer protection to India's property sector through mandatory registration, financial discipline, and fast-track dispute resolution.
Shipping giant Maersk announces 1,000 corporate layoffs, representing 15% of corporate roles, as it faces declining freight rates and overcapacity challenges following Red Sea route reopenings.
Tata Motors Passenger Vehicles reported Q3 consolidated revenue of ₹70,108 crore, while Jaguar Land Rover revenue fell 39.4% year-over-year. Key financial results and analysis.
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RecommendedBihar Public Service Commission announces 102 Auditor vacancies under Panchayati Raj Department. Online applications open at bpsc.bihar.gov.in. Check eligibility, selection process, and salary details.
Google secures massive 24 lakh square feet office space in Bengaluru's Whitefield area, expanding its Indian presence despite H-1B visa restrictions. The tech giant's strategic move highlights India's growing importance as a global technology hub.
Commerce Minister Piyush Goyal announces resumption of FTA negotiations with Gulf Cooperation Council, marking strategic shift in India's trade policy following recent deals with US and European Union.
India considers Venezuelan crude oil imports based on commercial merits, following US tariff reductions on Indian goods from 50% to 18%. Official announcement made during weekly media briefing.
India's commercial real estate sector has matured significantly over five years, with institutional transformation, robust growth driven by GCCs and tech, and strong macroeconomic support positioning it as a globally competitive market.
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RecommendedHyundai has significantly reduced prices of its popular i20 premium hatchback, with the entry-level variant now starting at ₹5.99 lakh ex-showroom, making it more competitive against rivals like Maruti Baleno and Tata Altroz.
India's shift from MGNREGA to VB-G RAM G scheme raises concerns. With key changes like harvest-season pauses and state cost-sharing, experts call for phased trials before full rollout to assess impact on rural employment.
The Supreme Court has approved the revival of 16 long-stalled Supertech housing projects in Delhi-NCR, transferring completion to NBCC. This decision brings relief to over 50,000 homebuyers after a decade of delays.
Commerce Minister Piyush Goyal announced that India and the United States are likely to sign a joint statement on a bilateral trade deal within the next four to five days, marking a significant step in economic relations.
The Indian rupee appreciated by 14 paise to settle at 90.33 against the US dollar. Forex traders attributed the limited gains to corporate dollar demand and weak domestic equity trends.
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RecommendedIndian stock market indices Nifty 50 and Sensex declined on February 5 amid selling pressure in metals and financial stocks. Key losers included IDBI Bank, Redington, and Suzlon Energy.