Ratnaveer Precision Engineering IPO day 2 (labcalindia)

Ratnaveer Precision Engineering IPO remained on investors’ radar as they put in bids for 18.71 crore equity shares, which were 15.88 times the issue size of 1.17 crore on September 5, the second day of bidding. So far, the issue has been getting robust response from high networth individuals and retail investors, who have bought shares 30.72 times … Read more

Errol Musk fears his son Elon Musk ‘might be assassinated’. Here’s why (labcalindia)

Errol Musk, the father of the richest person on Earth, Elon Musk, has said that he’s afraid his son “might be assassinated”. The 77-year-old’s remarks followed a report that stated that the tech billionaire was treated like an “unelected official” and raised concerns about his attitude toward Russian President Vladimir Putin. The report also explored Musk’s … Read more

India can use leadership to focus attention on problems facing agriculture (labcalindia)

India’s G20 presidency faces a pivotal opportunity to steer global attention towards the challenges plaguing the Global South, particularly in the realm of agriculture. This month, the G20 leadership meeting is scheduled to convene in New Delhi, marking a critical juncture for India’s leadership and its agenda-setting role within the Agriculture Working Group. In this … Read more

Top 4 UPI players have 95% share in overall transactions: Report (labcalindia)

The top four UPI (Unified Payments Interface) players which include three fintech payment apps Paytm, PhonePe, Google Pay have captured 95 percent of UPI transactions, according to a report published on September 5 by Bernstein a global wealth management firm. At the same time, banks have a limited share of transactions in UPI transactions, according … Read more

India raised stature of G20, gave recognition to its ability to influence people in the world: RC Bhargava (labcalindia)

India has raised the stature of G20, giving it a certain recognition of its ability to influence people in the world and the forum will be inspired in future by what has been done in the country during its presidency, Maruti Suzuki India Chairman R C Bhargava said on Tuesday. No other nation has taken … Read more

BharatPe’s chief business officer Nishant Jain quits (labcalindia)

Fintech firm BharatPe’s chief business officer (CBO) Nishant Jain has resigned from the firm and has joined a new position as Executive Director and CBO (Assisted Business) at discount broking firm Angel One. “The past 3.5 years with BharatPe have been nothing short of extraordinary. It has been a thrilling experience, filled with the satisfaction of … Read more

Woman finds surgical instrument in abdomen after C-section, removed after 18 months (labcalindia)

A New Zealand woman, suffering from chronic pain for 18 months after undergoing a Caesarean section, found a surgical instrument inside her abdomen, a Guardian report said. The instrument- an Alexis wound retractor- was left inside the woman after she delivered a baby at an Auckland hospital in 2020. A health authority in Auckland named “Te … Read more

F&O Manual | Bulls on the charge, but supply pressure likely; Nifty may find support at 19,500 (labcalindia)

Domestic indices traded with gains on September 5, despite weakness in Asian markets. Some traders, however, anticipated supply pressure in the later half of the day, especially in the banking index. Nifty 50 traded at 19,581.50, up 53 points or 0.27 percent, while Nifty Bank traded with a slight cut at 44,544.05. Broader market indices … Read more