Magnum Ventures Makes Initial Entry At Rs 37 On BSE

Magnum Ventures, New Delhi-based paper maker today got listed at Rs 37 per share on the Bombay Stock Exchange (BSE), with a premium of 23.16% above its issue price of Rs 30 per share.

Within a few minutes of opening, the company’s scrip touched an intra-day high of Rs 66.70 and a low of Rs 36.95, as many as 35.11 lakh shares changed hands on the BSE.

The scrip got listed at Rs 36.60 on the National Stock Exchange (NSE), and touched a high of Rs 66.90 and more than 35.90 lakh shares were traded.

In early trading session, the scrip spared a few gains from its intra-day high and was dealing at Rs 59.35 on BSE and at Rs 58.45 on NSE.

Finally, Rupee Reaches Its 9-Year Peak

US Dollar DropsMumbai: The rupee beefed up past 40 per dollar today for the first time in

US Hopes To Work Jointly With India On Global Peace, Safety & Economic System – Richard Boucher

Richard BoucherWashington: The United States on Wednesday told that it desires to work jointly with India in arenas of international peacekeeping operation, regional foreign plan, safety and financial system.

The Bush government stated that it is rather responsive to what the demands of India are in pioneering technologies and remains much focused on what has to be done.

Indian Stock Market Tumbles After Opening Above 16k

Bombay Stock ExchangeAfter opening positively at 16,341.55, the 30 share index has been fluctuating between the positive and negative in the morning sessions of the trade. Selected stocks from auto and real estate boosted, whereas IT and banking stock declined.

Credit Crunch Hits Morgan Stanley’s Quarterly Earnings

Kharif Foodgrain Production Estimates Lower At 112.24 Mt

New Delhi: The country’s production of cotton, soyabean, sugarcane and kharif maize is estimated to scale record highs in the recent fiscal.

Pages

News in Focus

Revamped 2024 Ford Mustang Mach-E now open for online orders

Ford Motor Company has unleashed its latest offering in the electric vehicle (EV) market: the 2024 Ford Mustang Mach-E, a battery-electric compact crossover SUV that is now available for online ord

Time for Increase M&A Activity in European FinTechs

In the ever-evolving landscape of European FinTech and banking, 2024 is poised to witness a resurgence in mergers and acquisitions (M&A) activity, driven by compelling market dynamics outlined

US won't support Counter Action Against Iran: Biden

President Biden's recent conversation with Israeli Prime Minister Benjamin Netanyahu has sparked significant attention, with revelations that the U.S.

NASA may use GM's Ultium EV technology to drive next lunar vehicle

The National Aeronautics & Space Administration (NASA) lunar vehicle development team may use General Motors’ (GM’s) cutting-edge Ultium EV technology for its Artemis campaign, which aims to se

Lucid Air sets new delivery record in Q1 2024

Lucid Group Incorporated, an American manufacturer of luxury electric vehicles (EVs) headquartered in the Newark area of California, hit a significant milestone in the first quarter (Q1) of 2024, a

Bitcoin Could Face Major Selling During Reward Halving on April 20

In the ever-evolving landscape of the cryptocurrency market, a confluence of factors is poised to test its resilience, with the imminent U.S.