The new merchant discount rate (MDR) framework for high-value Unified Payments Interface (UPI) merchant transactions will support investment in payment technology and infrastructure.
Delhi residents experienced pleasant weather on Thursday morning as the national capital remained under cloudy conditions. The India Meteorological Department (IMD) has forecast light rain or drizzle in parts of Delhi.
Shares of Juniper Hotels rose more than 2 per cent in early trade on Thursday after the company announced the acquisition of Novotel Imagicaa, an operating hotel undertaking located at Khopoli in Maharashtra’s Raigad district.
Shares of LCC Projects made a strong debut on the stock exchanges on Thursday, listing significantly above the company’s IPO price. The stock opened at ₹191 on the BSE, representing a premium of 31.4 per cent over the issue price of ₹146 per share.
Shares of Rentomojo made a strong debut on the stock exchanges on Thursday, listing nearly 20 per cent above the issue price. The stock opened at ₹480 on the BSE, marking an 18.81 per cent premium over its IPO price.
The much-awaited initial public offering of the National Stock Exchange of India (NSE) opened for subscription on September 17 and will remain open until September 21.
The upcoming IPO of the National Stock Exchange (NSE) has brought the valuation of India’s two leading stock exchanges into focus. While NSE remains the dominant player across cash equities and equity derivatives.
Karamtara Engineering shares made a strong debut on the Indian stock exchanges on Thursday, September 17, delivering a listing gain of nearly 26 per cent to IPO investors.
Manipal Payment and Identity Solutions shares made a weak debut on the Indian stock exchanges on Thursday, September 17, listing below their initial public offering price of ₹339. The company’s shares opened at ₹330 on the NSE.