Orient Technologies IPO Day 1 , a company that provides " IT solutions " , is starting its initial public offering (IPO) today, August 21, and it will be open until August 23. The company has already raised ₹64.43 crores from investors before the IPO. The price for each share is set between ₹195 and ₹206, and each share has a face value of ₹10.
Billionaire Edgar Bronfman Jr. has made a "multibillion-dollar offer to buy Paramount Global" , a major Hollywood company. This offer comes as Paramount is considering a merger with another company, Skydance Media LLC.
Condé Nast Open AI Deal: Condé Nast, a big media company has agreed to let OpenAI use its content.
A Possible Canadian Rail Strike: There’s a problem with labor in Canada that might lead to a strike by rail workers starting Thursday. This is making U.S. businesses worried because it could seriously affect their operations.
On Tuesday, August 20, the Indian stock market had a strong performance. Both the Nifty 50 and Sensex rose by about 0.5%, helped by mostly positive news from global markets.
$8.5 Billion Reliance-Disney Merger: India's antitrust body, the Competition Commission of India (CCI), is concerned that the $8.5 billion merger of Reliance and Walt Disney's media assets could hurt competition.
Indian Stock Market Update : After a quiet day before, Indian stock markets did well on August 20. The Sensex, a major index, went up by 378 points to 80,803, and the Nifty index rose by 126 points to 24,699.
Slice gets NCLT nod to merge with North East Small Finance Bank. The National Company Law Tribunal (NCLT) in Guwahati has agreed to the merger plan.
Ola Electric Stock Update:
Stock Market Update –August 19, 2024 :