Megatherm Induction IPO Subscribed 56.35 Times on Day 2 – All You Need to Know

The initial public offering (IPO) of Megatherm Induction, a prominent small- and medium-sized enterprise (SME) in the manufacturing sector, has garnered significant attention from investors. As the public issue enters its final day of subscription on January 31, let’s delve into the key details and the overwhelming response it has received so far. Company Overview: … Read more

RBI Approval: LIC Granted Permission to 2% Increase Stake in HDFC Bank Worth Billions by the End of the Week

In a significant development for HDFC Bank, the Reserve Bank of India (RBI) has granted approval to Life Insurance Corporation of India (LIC) to increase its stake in the bank. This move has already impacted HDFC Bank’s share prices positively, with a 2% gain after the announcement. LIC, holding a 5.19% stake at the end … Read more