Bajaj Broking advises only well-informed, surplus fund investors to consider Ather’s IPO with a long-term horizon. Despite financial losses and high debt, it sees potential in the company’s future scale-up plans and strong backers. (Disclaimer: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of the … Read more
Meta is working on launching a standalone app for its AI assistant, Meta AI, which will join its family of apps like Facebook, Instagram, and WhatsApp, as per a report by CNBC. According to sources familiar with the matter, the app is expected to debut in the second quarter of this year. Meta AI was … Read more
NFO details: Mirae Asset Mutual Fund has introduced two new schemes: Mirae Asset Nifty India New Age Consumption ETF and Mirae Asset Nifty India New Age Consumption ETF Fund of Fund. These schemes aim to provide investors with an opportunity to capitalise on India’s changing consumption trends, influenced by evolving demographics and growing discretionary spending. … Read more
Mirae Asset Investment Managers has announced the withdrawal of the existing temporary suspension on subscription through the Systematic Investment Plan (SIP), Systematic Transfer Plan (STP), switch-ins & lumpsum in Mirae Asset Large and Midcap Fund (‘the Scheme’) and enabling other facilities from August 1, 2024. The fund will resume accepting subscriptions through Systematic Investment Plans … Read more
The initial public offer (IPO) of Kronox Lab Sciences opened for subscription earlier today and will close on June 5. The issue is completely an offer for sale of 95.7 lakh shares. Since the IPO is entirely an OFS, all the net proceeds will go to the selling shareholders, including Jogindersingh Jaswal, Ketan Ramani and … Read more
Old Bridge Mutual Fund, sponsored by Old Bridge Capital Management Private Limited, is making a foray into the mutual fund industry with its maiden new fund offer (NFO) for Old Bridge Focused Equity Fund, which is an open-ended multi-cap equity scheme that will invest in 30 stocks. This scheme aims to provide investors a unique … Read more
The share allotment of Azad Engineering IPO is expected to be finalised on December 26. Investors received shares on a lottery basis and the whole process was supervised by the registrar. On the allotment date, investors get to know about the number of shares allotted to them as against the bids made. They can check … Read more
New Delhi: Amazon is adding a prescription drug discount program to its growing health care business. The retail giant said Tuesday that it will launch RxPass, a subscription service for customers who have Prime memberships. Amazon said people will pay $5 a month to fill as many prescriptions as they need from a list of … Read more
NEW DELHI: The third tranche of the sovereign gold bond (SGB) scheme 2021-22 opened for subscription on Monday. This issue comes soon after the first and second tranche, but is priced slightly higher than both. Prospective bidders, who intend to subscribe to the scheme, can bid for a minimum of 1 gm of gold at … Read more