Shriram Properties has fixed a price band of Rs 113-118 a share for its Rs 600-crore initial share-sale, which will open for public subscription on December 8.

The three-day initial public offering (IPO) will conclude on December 10, the bidding for anchor investors will open on December 7, according to the company.

The firm has reduced its offer for sale size to Rs 350 crore from Rs 550 crore earlier.

Shares of Vodafone Idea (VIL) were quoting higher for the fourth straight trading days, hitting 31-month high of Rs 15.24, up 5.5 per cent on the BSE in Monday’s intra-day trade. The stock of telecom services provider was trading at its highest level since May 8, 2019 and has surged 38 per cent in the last four trading sessions. With the current rally, the market value of VIL has zoomed 235 per cent from its 52-week low level of Rs 4.55 touched on August 5, 2021.

Shares of Zee Entertainment Enterprises (ZEEL) hit a 52-week high of Rs 363.50, up 4 per cent on the BSE in Monday’s intra-day trade in otherwise subdued market. The stock of broadcasting & cable TV operator has surpassed its previous high of Rs 362.85, touched on September 23, 2021. In comparison, the S&P BSE Sensex was down 0.35 per cent at 57,493 points at 10:17 am.

In the past two weeks, the stock has rallied 22 per cent after after Punit Goenka, MD and CEO of ZEEL said that merger talks between the company and Sony Pictures Networks India (SPNI) are in final stages.

Shares of JBM Auto continued their northward movement, and rallied 11 per cent to Rs 1,147.95 on the BSE in Monday’s early morning deals ahead of the company's board meeting to consider stock split from face value of Rs 5 to a lower denomination.

JBM Auto on November 19, 2021 said that the board of directors of the company is scheduled to meet on Wednesday, December 8, 2021 to consider and approve the proposal of sub-division of company's equity shares having face value of Rs 5 each and matters related thereto. Since then, the stock has surged 29 per cent from level of Rs 891 on November 18.

Shares of Eris Lifesciences surged 10 per cent to Rs 773.40 on the BSE in Monday’s early morning trade after the pharmaceutical company on Friday said it has formed a joint venture (JV) with Mumbai-based MJ Biopharm to enter the insulin segment.

The stock had hit a 52-week high Rs 863.15 on October 19, 2021. At 09:26 am; it was trading 5 per cent higher at Rs 743 on the BSE, as compared to 0.14 per cent decline in the S&P BSE Sensex.

President Ram Nath Kovind and Prime Minister Narendra Modi on Monday paid floral tribute to Dr BR Ambedkar on his 65th death anniversary which is observed as "Mahaparinirvan Diwas".

Vice President M Venkaiah Naidu, Lok Sabha Speaker Om Birla, Leader of Opposition (LoP) in Rajya Sabha Mallikarjun Kharge and other parliamentarians paid tribute to the architect of the Constitution at his statue in the Parliament premises today.

Singapore's Ministry of Health has said that early clinical observations globally suggest that the Omicron variant of COVID-19 may be more transmissible and have a higher risk of reinfection compared to the Delta and Beta variants of the virus.

"This means that there is a higher likelihood of individuals who have recovered from COVID-19 to be reinfected with the Omicron variant," Channel News Asia quoted the ministry as saying on Sunday in an update on the Omicron variant.

Jammu and Kashmir National Conference Chairman Farooq Abdullah said on Sunday that his party leaders are ready to make sacrifices to reclaim their rights including restoration of Article 370 and statehood in the same way in which farmers struggled for almost a year to get the three farm laws repealed in Parliament.

The farmers protested for 11 months, more than 700 farmers died. The Centre had to revoke the 3 farm bills when farmers made sacrifices. We may also have to make sacrifices like that to get back our rights.

Aurobindo Pharma and Unichem Laboratories are recalling different products in the US market, the world's largest market for medicines, due to manufacturing issues.

As per the latest enforcement report issued by the US Food and Drug Administration (USFDA), Aurobindo's US-based unit is recalling 7,296 containers of hypertension drug Carvedilol tablets.

Prime Minister Narendra Modi on Saturday announced development projects worth Rs 18,000 crore in election bound Uttarakhand before addressing a rally at the Parade Ground here to kickstart the BJP's campaign for the state assembly polls.

He laid the foundation stones of 11 projects worth Rs 15,728 crore and inaugurated seven projects worth Rs 2,573 crore after inspecting their models on display at the rally venue.

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