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Mamaearth debuts on a quiet note; lists at 2% premium over its issue price

Mamaearth debuts on a quiet note; lists at 2% premium over its issue price

Honasa Consumer, the parent company of Mamaearth, made a lacklustre stock market debut, with its shares listed at Rs 330, a 2 per cent premium over its issue price of Rs 324 per share on the National Stock Exchange (NSE) on Tuesday. The stock of personal care products company listed at par or Rs 324 to its issue price on the BSE.

Post listing, shares of Honasa Consumer moved higher to Rs 334 on the BSE. At 10:02 AM; the stock was trading at Rs 331.95, up 2.5 per cent over its issue price.

Gold price dips Rs 170 to Rs 61,470, silver rises Rs 200 to Rs 74,200

Gold price dips Rs 170 to Rs 61,470, silver rises Rs 200 to Rs 74,200

The price of 24-carat gold dipped Rs 170 in early trade on Tuesday, with ten grams of the precious metal selling for Rs 61,470, according to the GoodReturns website. The price of silver rose Rs 200, with one kilogram of the precious metal selling at Rs 74,200.

The price of 22-carat gold fell Rs 150, with the yellow metal selling at Rs 56,350.

Every vote will lay foundation of developed, prosperous Mizoram: Amit Shah

Every vote will lay foundation of developed, prosperous Mizoram: Amit Shah

Union Home Minister Amit Shah on Tuesday urged people in Mizoram, especially the youth, to come out and vote in large numbers, as every vote will lay the foundation of a developed and prosperous Mizoram.

"I urge our sisters and brothers in Mizoram, especially the youth, to come out and vote in large numbers. Each and every vote will lay the foundation of a developed and prosperous Mizoram," Shah said in a post on 'X'.

Bajaj Finance sets base price for Rs 8,800-crore QIP at Rs 7,250 per share

Bajaj Finance sets base price for Rs 8,800-crore QIP at Rs 7,250 per share

Bajaj Finance has set the base price for its Rs 8,800 crore qualified institutional placement (QIP) at Rs 7,250 per share, said investment banking sources.

The base price is nearly 4 per cent lower than the floor price of Rs 7,534 as per the Securities and Exchange Board of India (Sebi) formula and also the last close. Shares of Bajaj Finance last closed at Rs 7,560, up 1.9 per cent.

Assembly elections: Voting underway in first phase of Chhattisgarh polls

Assembly elections: Voting underway in first phase of Chhattisgarh polls

Voting began Tuesday morning in the first phase of assembly elections in Chhattisgarh under a thick security blanket of police and paramilitary personnel, who kept a tight vigil in the seats in Naxalite-hit Bastar division.

Polling began at 7 am in 10 of the 20 assembly constituencies where elections are being held in the first phase. It will end at 3 pm. Polling in the remaining 10 seats in the first phase will start at 8 am and end at 5 pm, an official said.

Cello World makes strong debut, lists at 28% premium over issue price

Cello World makes strong debut, lists at 28% premium over issue price

Cello World made a strong stock market debut on Monday, with its shares getting listed at Rs 831, a 28 per cent premium over its issue price of Rs 648 per share on the BSE. On the National Stock Exchange (NSE), the stock of the houseware company opened at Rs 829. Post listing, the share price of Cello World hit a high of Rs 837.40 and a low of Rs 790 on the NSE. At 10:01 AM, it was trading at Rs 803.65, 3 per cent lower from its opening level. A combined 7.3 million equity shares have, so far, changed hands on the NSE and BSE.

Zydus gets USFDA nod for Zituvimet for type-2 diabetes mellitus treatment

Zydus gets USFDA nod for Zituvimet for type-2 diabetes mellitus treatment

Drugmaker Zydus Lifesciences Limited on Monday announced that it has received the final approval from the United States Food and Drug Administration (USFDA) for its New Drug Application (NDA) for Zituvimet to treat adult patients with type-2 diabetes mellitus. Zituvimet is composed of sitagliptin, a dipeptidyl peptidase-4 (DPP-4) inhibitor, and metformin hydrochloride (HCl), a biguanide, indicated as an adjunct to diet and exercise to improve glycemic control in adults with type-2 diabetes mellitus.

Mahesh Babu and Venkatesh Daggubati playing poker leaves internet divided, viral photos causes stir online

Mahesh Babu and Venkatesh Daggubati playing poker leaves internet divided, viral photos causes stir online

Two of the biggest Telugu cinema stars Mahesh Babu and Venkatesh Daggubati have grabbed attention after photos of them playing poker went viral on social media. These photos have left the internet divided.

Mahesh Babu and Venkatesh Daggubati were recently spotted at the launch of a new clubhouse in Hyderabad where they were seen playing poker with other people.

Adani group said to be in talks to exit FMCG joint venture with Wilmar

Adani group said to be in talks to exit FMCG joint venture with Wilmar

Gautam Adani-led Adani group is in talks to sell its entire 43.97 per cent stake in Adani Wilmar Ltd, and the deal is likely to be finalised within a month, The Economic Times (ET) reported on Monday. Adani Wilmar Ltd owns brands like Fortune Oil and packaged grocery.

The report added that the conglomerate is expecting $2.5-3 billion from its stake sale. After the exit, the conglomerate will focus more on areas like infrastructure, a person aware of the matter was quoted in the report as saying.

Vedanta confident of meeting $2.2 billion debt obligations before March-end

Vedanta confident of meeting $2.2 billion debt obligations before March-end

Senior executives of Vedanta on Saturday said debts of $2.2 billion (close to Rs 20,000 crore) were due to be paid by two entities in the conglomerate before the end of March.

The executives told analysts the company was confident of meeting these obligations.

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