The year 2021 was one of the most remarkable years for the primary markets. Nearly Rs 1.2 trillion had been mopped up till early December by 66 companies, beating the previous best of Rs 74,035 crore seen in 2017.

New-age companies including Paytm, Zomato, and Nykaa raised approximately Rs 46,800 crore of this amount, cornering approximately 40 per cent of the fund raise.

The price of 10 gram of 22-carat gold decreased by Rs 201 on Thursday, with the rate at Rs 47,010. The price of 10 gram of 24-carat gold increased by Rs 790 on Thursday with the precious metal trading at Rs 49,010.

The price of 1 kg of silver remained unchanged with the precious metal selling at Rs 62,500.

In Delhi, the price of 24-carat gold stands at Rs 51,600, while in Mumbai it is at Rs 49,010, according to the Goodreturns website.

Almost two weeks after a food-poisoning incident at Foxconn’s hostel in Sriperumbudur which led to hospitalisations, protests, and arrests, the company and its local officials were in the line of fire on Wednesday. While Apple said that it has put the Tamil Nadu unit, which manufactures iPhones, on “probation” because its hostels did not meet the American tech giant’s compliance norms, the Taiwanese multinational announced restructuring of the local management team.

State-owned NTPC Limited on Wednesday said it has received around Rs 135 crore as interim dividend from a joint venture company.

In a statement, the power giant said this is the second interim dividend paid by NTPC Tamil Nadu Energy Company Limited (NTECL) in the current fiscal.

Bajaj Auto Ltd on Wednesday said it will set up an electric vehicle manufacturing facility at Akurdi in Pune with an investment of Rs 300 crore.

The facility, for which the work has already commenced, will have the capacity to produce 5,00,000 Electric Vehicles (EVs) per annum and cater to both domestic and exports markets, the company said in a release.

The Drug Controller General of India (DCGI) has given approval to the Hyderbad-based pharmaceutical company Biological E to conduct phase 3 clinical trials of its COVID-19 vaccine Corbevax as a booster dose, said sources.

After detailed deliberation, the Subject Expert Committee recommended granting permission to conduct proposed Phase 3 clinical trials, sources told ANI.

Seven new cases of Omicron variant of COVID-19 have been reported in Hyderabad during the last 24 hours, said the state government on Tuesday.

With this, the tally of Omicron cases in Telangana has reached 62.

As per the state government, 13 of these 62 patients have recovered and have been discharged from the state-run TIMS hospital.

Shares of C E Info Systems (MapmyIndia) hit a new high of Rs 1,774.80, on rallying 10 per cent on the BSE in Wednesday’s intra-day trade. The stock has surged 22 per cent in last two trading sessions after having made a strong debut last week.

With the past two-day rally, MapmyIndia now commands a whopping 72 per cent premium to its issue price of Rs 1,033 per share on the BSE. The company had made its stock market debut on December 21, 2021.

Supriya Lifescience made a strong debut on the bourses on Tuesday. The stock got listed at Rs 425 - a gain of 55 per cent above its issue price. The stock gave up some of its listing gains and ended the session at Rs 390 - a 42.5 per cent premium to its issue price. After listing, the company commands a market capitalisation of Rs 3,141 crore.

The initial public offering (IPO) of Supriya Lifescience was subscribed 74x. The institutional portion was subscribed 33x, the wealthy investor portion 166x, and the retail investor portion 57x.

As part of its ambitious charging infrastructure goal, Ola Electric will install more than 4,000 charging points for its electric scooters across cities in next year.

In a tweet, Bhavish Aggarwal, Founder and CEO, Ola, said that Hypercharger roll out has begun across cities.


At key BPCL pumps as well as residential complexes. 4000+ points up through next year. We're installing across India and will make them operational in 6-8 weeks. Will be free for use till end June 22 for all customers, he said in a tweet late Tuesday.

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