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2025-06-24 04:12:43| The Economic Times

Ellenbarrie Industrial Gases, a Kolkata-based industrial gas manufacturer, is launching its Rs 852.5 crore IPO on June 24, with a price band of Rs 380-400 per share. The IPO includes a fresh issue and an offer for sale, aiming to repay debt and expand capacity. SBI Securities recommends subscribing, citing the company's strong financials and strategic growth plans.

Category: News and Media
 

2025-06-24 03:03:29| The Economic Times

Global shares surged and the dollar weakened following reports of a ceasefire agreement between Iran and Israel, brokered by U.S. President Trump. Oil prices plummeted as concerns over supply disruptions eased, boosting risk assets. The yen and euro gained due to their reliance on oil imports, while U.S. Treasury yields rose slightly amid shifting expectations for Federal Reserve rate cuts.

Category: News and Media
 

2025-06-24 02:48:57| The Economic Times

Donald Trump facilitated a ceasefire between Israel and Iran. This happened after discussions with Benjamin Netanyahu. Trump's team contacted Iranian officials. Israel agreed to the ceasefire if Iran stopped attacks. Iran indicated it would follow the agreement. JD Vance, Marco Rubio, and Steve Witkoff were involved in the US contact with Iran.

Category: News and Media
 

2025-06-24 02:34:00| The Economic Times

Kalpataru, a Mumbai-based real estate developer, is set to launch an IPO to raise 1,590 crore for debt repayment, diluting promoter stake to 81.3%. The company's revenue and margins have improved, with reduced unsold inventory and shorter overhang days. While higher costs previously impacted the bottom line, Kalpataru has started reporting profits in the recent nine-month period ending December 2024.

Category: News and Media
 

2025-06-24 02:03:51| The Economic Times

Several companies including Kalpataru Limited, Ellenbarrie Industrial Gases, HDB Financial Services, and Sambhv Steel Tubes are set to launch their IPOs this week. Analysts are suggesting investors consider Ellenbarrie and Sambhv for longer-term gains. HDB Financial is viewed as a long-term play, but its grey market premium has decreased. Experts advise caution on Kalpataru due to debt levels.

Category: News and Media
 

2025-06-24 02:00:00| The Economic Times

The government is exploring ways to ease Vodafone Idea's financial burden. Options include extending the repayment period for AGR dues and changing the interest calculation method. The goal is to prevent the telecom operator from collapsing. The government is the largest shareholder and wants to protect its investment. Vi faces significant payment obligations in the coming years.

Category: News and Media
 

2025-06-24 01:59:26| The Economic Times

Accenture's lowered revenue growth guidance triggered a sell-off in Indian IT stocks, with the Nifty IT index falling 1.5%. Investors are concerned about subdued discretionary IT spending and delayed recovery expectations. While Gen AI bookings showed growth, the momentum slowed, impacting future revenue projections. Interest rate cuts in the US could provide a positive trigger.

Category: News and Media
 

2025-06-24 01:51:34| The Economic Times

Indian stock markets fell on Monday. This happened after US military action against Iranian nuclear sites. Infosys, HCL Technologies, and TCS led the decline. This was due to Accenture's revenue guidance falling short. Investors are watching West Asia tensions closely. They are concerned about oil supply. The market is also monitoring Iran's potential response and its impact on oil prices.

Category: News and Media
 

2025-06-24 01:08:19| BBC News | Business | World Edition

The boss of mobile gaming giant Supercell says the industry needs to take bigger risks to compete.

Category: News and Media
 

2025-06-24 01:08:19| BBC News | Business | World Edition

The boss of mobile gaming giant Supercell says the industry needs to take bigger risks to compete.

Category: News and Media
 

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