The primary market takes a breather in the mainboard segment with no new issues opening next week, while the SME segment keeps ticking as 2 companies set to launch their public offers. In the last week, two mainboard IPOs of Popular Vehicles and Services and Krystal Integrated Services opened for subscription with an aim to … Read more
The Indian IPO market continues to be buoyant with six public offers set to open next week. Analysts said the relentless primary market activity is backed by optimistic investor sentiment, a robust economy, expectations of lower inflation and rate cuts in 2024. In the week gone by, two mainboard IPOs Juniper Hotels and GPT Healthcare … Read more
Mumbai: More than 20 companies have announced bonus share offers within a mere six-week span, bringing the total number of bonus issues for 2024 to 35 thus far. That compares with 90 companies that issued bonus shares in the last calendar year. Experts attribute the surge to burgeoning earnings and a brighter business outlook, while … Read more
Electric vehicles face reliability challenges, particularly concerning charging and battery issues, as revealed by a survey conducted by a prominent U.S. non-profit organization. Despite a surge in consumer adoption, new EVs, on average, encounter 79% more problems than traditional gasoline-powered vehicles, according to Consumer Reports‘ 2023 Annual Auto Reliability survey, reported Reuters.Hybrid vehicles exhibit fewerissues … Read more