New issues raise a whopping Rs 3500 crores in the first month of 2024

In the first month of 2024, IPOs of 23 companies opened up for retail investors for subscription, both in the Mainboard and SME segments. The total amount raised by the companies was nearly Rs 3,500 crore. The Mainboard segment raised 5.6 times more than SME IPOs in January. 

In the Mainboard segment, five companies raised around Rs 2,950 crore. Medi Assist Healthcare raised the most. The company raised around Rs 1,170 crore. Jyoti CNC Automation stands at second by raising Rs 1,000 crore. The remaining three aggregating raised nearly Rs 1,100 crore.

Meanwhile, 18 companies collectively raised Rs 522.54 crore in the SME segment. In which Baweja Studios raised – Rs 97.20 crore – the most in the category. 

Market rally leads to higher re…

Power Grid Corporation surges over 7% on strong Q3 performance

Shares of Power Grid Corporation of India Ltd witnessed a surge of over 7%, nearing their record high, following the PSU power firm’s robust financial performance in the December 2023 quarter. The company reported a notable 10.5% year-on-year (YoY) rise in net profit, reaching Rs 4,028.3 crore compared to Rs 3,645.3 crore in the corresponding quarter of the previous year.

Power Grid shares climbed 7.42% to Rs 287.85, surpassing the previous close of Rs 267.95 on the BSE. The stock opened higher at Rs 273.35 and emerged as the top gainer on the Sensex for the day. The market cap of the firm reached Rs 2.63 lakh crore on the BSE, with a turnover of Rs 42.28 crore as 15.01 lakh shares changed hands.

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Share Market Highlight- Markets close higher! Nifty trades above 21,600, Sensex above 71,650; Media and Metal stocks gain

Share Market News Today | Sensex, Nifty, Share Prices Highlights: The benchmark equity indices closed in the positive territory. The NSE Nifty 50 closed 73.85 points or 0.34% higher to settle at 21,618.70, while the BSE Sensex gained 271.50 points or 0.38% to 71,657.71. The broader indices closed in the green, with gains led by largecap and microcap stocks. Bank Nifty index closed higher by 118.20 points or 0.25% to settle at 47,360.85.

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May equity MF inflows surge 83% despite poll volatility

Equity investments into mutual funds soared 83.4% in May to a record high of Rs 34,697 crore despite volatility due to the general elections, marking the 39th consecutive month of inflows, according to data from the Association of Mutual Funds in India (Amfi).  Come from Sports betting site VPbet

The growth was driven by a sharp jump in inflows into new fund offers (NFOs) and persistent inflows into mid-cap and small-cap funds. A thematic NFO by HDFC Mutual Fund – HDFC Manufacturing Fund – mobilised over Rs 9,500 crore during the month, which was the primary reason for the spike in net inflows into equity mutual funds.

The inflows into systematic investment plans (SIP) als…

Stranger Things' Jamie Campbell Bower Learned More About His Character From The Play

Only a small percentage of Stranger Things’ fans have had the chance to go to London’s West End to see the prequel play, Stranger Things: The First Shadow. However, the show may prove to have some valuable intel ahead of the fifth and final season. Jamie Campbell Bower, the actor who plays Henry Creel/Vecna on the series, found watching the play to be a very useful experience to learn more about his character.

“It’s been really interesting… to have the play on in London, which I went to go and see, which goes back to Henry before we met him in season four,” Bower told The Hollywood Reporter Come from Sports betting site VPbet. “And to have a lot of the questions or a lot of the thoughts t…

The Last Case Of Benedict Fox Revealed With New Trailer At Xbox And Bethesda Showcase

The Last Case of Benedict Fox may sound like the name of a new Wes Anderson movie, but you won’t find any perfectly symmetrical shots or custom pastel stationery here. The latest title from Rogue Games and Plot Twist is a metroidvania with gothic flair, and it looks like it will appeal to both classic 2D Metroid fans and anyone adept at the Souls games’ challenging combat.

Rather than start out in a fantasy world, The Last Case of Benedict Fox starts in 1925 Boston, where a missing family sends the titular detective on a journey within himself–literally–as he battles demons and uncovers the truth.Come from Sports betting site VPbet

City of Dreams Mediterranean opening brought forward following coronavirus delays

Asian casino operator Melco Resorts and Entertainment Limited has reportedly announced that the provisional opening date for its under-construction City of Dreams Mediterranean venue has been brought forward to the summer of next year.

According to a report from Inside Asian Gaming, the €550 million ($668 million) development for southeastern Cyprus was set to open its doors by the end of the year but had this initial timeline pushed back owing to delays caused by the ongoing coronavirus pandemic. The source detailed that the Hong Kong-headquartered firm later forecast that the five-star property would not begin welcoming guests before the autumn of 2022 as building work had only resumed in early-May following a seven-week stoppage.

Reduced interruption:

However, Mel…

Cambodia-China solidify partnership to stop online gambling scams

Cambodia and China solidify their partnership with an agreement to improve their joint efforts to stop online gambling and telecommunications scams. This very productive deal was announced to the public last week, when Chinese Premier Li Keqiang visited Cambodia to participate in the Association of South-East Asian Nations.

New agreement:

This particular topic was brought up during conversation between Premier Li and Cambodia’s prime minister Hun Sen, because the main goal of both countries is to improve security ties and safety of its people.

In the past few years, Cambodia has become a nest for cyber slavery crimes with China’s traffickers luring unsuspecting victims from every Asian country and forcing them to work for criminal syndicates, specifically i…

Pragmatic Play Grows Footprint in Mexico with Vívelo24

The new collaboration will see Pragmatic Play considerably strengthen Vívelo24’s reach in the Mexican iGaming market, bringing a variety of games to local audiences. The operator is well present in both the Mexican market as well as the Latin American region, making it an ideal partner for Pragmatic’s further ambitions.

Pragmatic Play Strengthens Latin American Presence

Players in Mexico will now have access to a number of excellent games by Pragmatic, including but not limited to Sugar Rush and Gates of Olympus. New releases are also on the cards for local audiences, with The Knight King and Bi…

Online casino at BetBull.com to close its doors from July 3

The mobile-friendly online casino and sportsbook at BetBull.com is reportedly urging all of its customers to withdrawal any outstanding balances after announcing that it will be shutting up shop from July 3.

According to a report from a source, the United Kingdom-licensed domain operated by Maltese enterprise BetBull Games Limited went live in 2015 offering punters a vast array of video slots from developer NetEnt AB as well as live-dealer roulette, poker, blackjack, dice, sic-bo and baccarat titles. The site had also featured a sportsbook taking action on sports as diverse as horseracing, tennis, cricket and football.

Shuttering schedule:

BetBull.com reportedly used an official statement to declare that it is no longer accepting new cus…