Ahead of Market: 10 things that will decide D-St action on Thursday
The pan-European STOXX 600 was up 0.3% by 0943 GMT, after clocking its biggest January gain since 2015 at 6.7%, on hopes of better-than-expected corporate earnings and signs of economic resilience. Sweden's Husqvarna jumped 5.6% to the top of the STOXX 600 after the Swedish gardening power tools maker reported better-than-expected fourth-quarter sales, while Danish drug maker Novo Nordisk rose 0.6% on strong 2023 sales growth expectations
Budget 2023: Airtel, Reliance Jio in focus as govt to set up 100 labs for 5G use cases
Jio has launched its 5G services using the stand-alone (SA) 5G architecture which has no dependency on 4G network using a mix of 5G spectrum across 700 MHz, 3500 MHz, 26 GHz bands. It uses carrier aggregation to combine these 5G frequencies into a single robust “data highway”.
Stocks in news: Adani Enterprises, Sun Pharma, Vodafone Idea, Coal India
Adani Enterprises' Rs 20,000 crore FPO was fully subscribed on the last day despite negative sentiments due to the Hindenburg report. The subscription was led by non-institutional investors. While the demand from retail investors remained low, the non-institutional category was over-subscribed.
Voda Idea board again approves issue of Rs 1600 cr bond to ATC, EGM on Feb 25
The Board of Directors of Vodafone Idea Limited...has again approved Preferential Issuance of up to 16000 Indian Rupee denominated optionally convertible, unsecured, unrated and unlisted debentures...aggregating up to Rs 1,600 crores, convertible into equity shares at a conversion price of Rs 10 per equity share, to ATC," the filing said.
Vodafone Idea jumps over 10% ahead of board meeting to mull fundraise
We wish to inform you that a meeting of the board of directors of the company is scheduled to be held on Tuesday, 31st January 2023, in relation to the said preferential issue of OCDs to ATC and to convene the extraordinary general meeting of the company to seek approval of the shareholders in this regard," Vodafone Idea said in a BSE filing