The issue price of Rs 4 per equity share is at a discount of Rs 0.10 or 4.52 per cent to the floor price of Rs 4.20, determined according to the SEBI's regulatory formulation.
LIC shareholders have lost around Rs 1,23,686 crore since its listing on May 17. The scrip is trading 20% lower than the IPO issue price.
HDFC Bank increased its Marginal Cost of funding based on the Lending Rate by 0.35 per cent from June 7, as per the new rate structure published on its website.
Infosys has confirmed the glitch on the e-filing portal and assured resolving the issue on priority.
RBI had in May hiked the repo rate by 40 basis points (bps) to 4.40 per cent amidst rising inflation concerns. This was the first hike after August 2018.
The 30-share BSE Sensex was trading 559.46 points lower at 55,115.86. The broader NSE Nifty fell by 161.05 points to 16,408.50.
EPF Interest Rate: It was in 2015 when the EPFO was first allowed to start investing in equities, but with a limit.
Musk has repeatedly asked for the information on the company's 'spam bots' since May 9, about a month after his offer to buy the company, so he could evaluate how many of the company's 229 million accounts are fake.
LIC share price crashed nearly 3% on NSE and BSE each to close below Rs 800 on Monday.
The 30-share BSE Sensex declined 93.91 points or 0.17 per cent to end at 55,675.32. During the day, it tanked 473.49 points or 0.84 per cent to 55,295.74. The broader NSE Nifty fell 14.75 points or 0.09 per cent to finish at 16,569.55.
Mark Bozon was hired by Mike White, senior VP of Next Generation Storytelling and Consumer Experiences.
The retail inflation, which RBI factors in while arriving at its monetary policy, galloped for a seventh straight month to touch an 8-year high of 7.79 per cent in April, mainly on account of surging commodity prices.
EPF Interest Rate: Contributions towards EPF accounts are done by the employee and the employer as well. The employer deposits the amount into the EPF account of employees directly on a monthly basis.
Food and Consumer Affairs Minister Piyush Goyal on Friday asserted that restaurants cannot add 'service charge' to the food bills, though customers at their discretion can give "tips" separately.
Earlier in March this year, the Employees' Provident Fund Organisation (EPFO) had decided to lower the interest on provident fund deposits for 2021-22 to 8.1 per cent from 8.5 per cent provided in 2020-21.
As part of the contract, Tata Projects will construct the terminal, runway, airside infrastructure, roads, utilities, landside facilities and other ancillary buildings at the airport.
According to Tesla's annual SEC filing, the company employed around 1,00,000 people at the end of 2021.
Aether Industries Share Price: The scrip made a handsome debut on the NSE and BSE by delivering a 10 per cent return over the IPO issue price.
The MHA's latest notification aims to restrict the backdoor entry of Chinese companies or investors into India.
Department of Consumer Affairs held a meeting on Thursday with restaurant associations and consumer organizations on levy of service charge in hotels and restaurants.
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