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Indian Emulsifier shares debuted on the NSE SME platform on Wednesday, opening at Rs 430, a significant premium of 225.8% compared to the issue price of Rs 132. The IPO, consisting of 32.11 lakh fresh equity shares, garnered immense investor interest, with a subscription rate exceeding 450 times at the close of the offering.

A total of 668,990 shares changed hands on the counter till 10:10AM (IST).

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The stock quoted a 52-week high of Rs 4032.0 and a 52-week low of Rs 3060.0.

The Nifty Auto index was trading 0.15 per cent down at 23318.9.

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An Indian tech firm, Think & Learn Pvt, faces penalties for concealing $533 million from lenders. Riju Ravindran, a director, failed to locate the funds, prompting US Bankruptcy Judge Dorsey to call his testimony dishonest. Despite no extradition treaty, fines loom. The dispute centers on creditors versus Think & Learn, embroiled in US courts.

A total of 7,964 shares changed hands on the counter till 09:59AM (IST).

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Tracking the momentum, BPCL shares hit a record high of Rs 687 on February 16, 2024, but it failed to hold the momentum. The oil & gas stock witnessed a price-wise correction but is showing signs of bottoming out.

The Nifty Bank index was trading 0.51 per cent down at 47802.0.

MOSCOW (Sputnik) - If the European Union bans the import of Russian liquefied natural gas (LNG) in one of its sanctions packages, Russia will not be left without buyers in other parts of the world, as the demand for energy resources is only growing, Director of First European Department of the Russian Foreign Ministry Artyom Studennikov said.

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Should the trial run go well, it could mean a demotion for the chain gang. However, Jones added that the chain officials would remain on the field as a backup if the technology struggles.

Awfis Space Solutions IPO, with participation from anchor investors like Goldman Sachs, EastBridge Capital Master Fund, HDFC Mutual Fund, and ICICI Prudential MF, will open for subscription at Rs 364-383/share. Analysts recommend subscribing for market leadership and reasonable valuations.

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US Secretary of State Anthony Blinken claimed that the Iranian people and the world at large have benefited from the death of Iranian President Ebrahim Raisi.

Mastercard says it expects to be able to discover that your credit or debit card number has been compromised well before it ends up in the hands of a cybercriminal

Sivaraman Ganesan, TCS AI head, shares key findings of AI study, emphasizing the interest in Gen AI. The report highlights early-stage adoption and worldwide momentum in AI.

During the ongoing 7th edition of Joint Exercise Shakti, the Indian and French armies are sharing expertise in jungle survival and mountain self-preservation. The exercise, held biennially in India and France, focuses on enhancing joint military capabilities for multi-domain operations in sub-conventional scenarios. With tactical drills including response to terrorism and establishing command posts, Exercise Shakti aims to improve inter-operability and camaraderie between the armed forces of both nations, fostering bilateral relations.