Samsung Electronics took over the top spot in the global semiconductor market by revenue in the third quarter on the back of strong memory chip sales, a new report revealed on Tuesday.

Industry tracker Omdia said Intel, which had been the top chipmaker for 11 straight quarters, slipped to number two behind Samsung as the memory segment, where Samsung is the number one DRAM and NAND supplier, was the largest growth area for semiconductor in the three months ending in September.

C E Info Systems (MapmyIndia) has made a strong market debut, with its shares listed at Rs 1,581, a whopping 53 per cent above its issue price of Rs 1,033 per share on the BSE. On the National Stock Exchange (NSE), the stock listed at Rs 1,565, a 52 per cent higher against its issue price.

At 10:01 am; the stock traded at Rs 1,465.05, up 42 per cent over issue price. It hit a high of Rs 1,586.85 and a low of Rs 1,455 on the BSE so far. On the NSE, it touched high of Rs 1,590 and a low of Rs 1,465.65 in intra-day trade.

The Shriram group plans to foray into supply chain finance as well as trade financing and will scale up its loans against property (LAP) under the combined entity Shriram Finance.

Umesh Rewankar, executive vice-chairman and chief executive officer (CEO) of Shriram Transport Finance Company (STFC), said there are short-term lending opportunities on radar.

Cash management company CMS Info Systems on Monday said it has garnered Rs 330 crore from anchor investors ahead of its initial public offering (IPO) on Tuesday.

The company has allotted 1.53 crore equity shares to 12 anchor investors at Rs 216 apiece, aggregating to Rs 330 crore, according to a circular uploaded on BSE website.

With 6,563 people testing positive for coronavirus infection in a day, India's total tally of COVID-19 cases rose to 3,47,46,838, while the active cases declined to 82,267, the lowest in 572 days, according to the Union Health Ministry data updated on Monday.

The death toll climbed to 4,77,554 with 132 fresh fatalities, according to the data updated at 8 am.

Axis Bank on Monday said it will raise up to Rs 5,000 crore by issuing bonds.

In April this, the board of directors of Axis Bank had authorised it to borrow/raise funds in Indian currency/foreign currency by issue of debt instruments, perpetual debt instruments, AT 1 bonds, infrastructure bonds and Tier II capital bonds among others up to an amount of Rs 35,000 crore.

The price of 10 gram of gold decreased by Rs 10 on Monday, with 24 carat gold trading at Rs 48,680 and 22 carat at Rs 47,680.

The price of 1 kg of silver remained unchanged and the precious metal is selling at Rs 62,200.

Shares of recently listed companies were under pressure with the S&P BSE IPO index down as much as 4 per cent on the BSE in Monday’s intra-day trade after a sharp correction in these stocks on profit booking.

FSN E-Commerce Ventures, more commonly known as Nykaa, PB Fintech, the parent company of Policybazaar, Tega Industries, Tarsons Products, Aditya Birla Sun Life AMC, SJS Enterprises, Indigo Paints, Anand Rathi Wealth and Glenmark Lifesciences were among 11 stocks from the BSE IPO index to hit their respective lows since listing.

Uttarakhand Chief Minister Pushkar Singh Dhami on Sunday announced that Indian wicket-keeper batsman Rishabh Pant has been appointed as the brand ambassador of the state.

Taking to Twitter, the Chief Minister said that Pant will encourage the youngsters to take up sports.

Shares of Future Group's listed companies rallied up to 20 per cent on the BSE in Monday's trade, in an otherwise weak market, after the Competition Commission of India (CCI) on Friday suspended Amazon's 2019 deal with Future Retail (FRL). The antitrust watchdog also imposed Rs 200 crore penalty on the e-commerce major for certain contraventions.

Among individual stocks, Future Retail (Rs 57.50) and Future Supply Chain Solutions (Rs 80.75), Future Lifestyle Fashions (Rs 59.20), Future Enterprises (Rs 11.61) and Future Consumer (Rs 8.19) rallied 20 per cent each on the BSE in the intra-day trade.

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