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Equitas Small Finance Bank and  Equitas Holdings get board’s consent for merger scheme; shares swing.

Shares of Equitas Holdings and Equitas Small Finance Bank rallied after the board of directors and shareholders of Equitas Holdings and Equitas Small Finance Bank approved the amalgamation scheme of the two companies. Earlier, Equitas SFB had received Reserve Bank of India’s (RBI) nod to apply for amalgamation of the promoter into itself.

Rupee Opens | The Indian rupee opened marginally higher at 74.36 per dollar against the previous close of 74.42 amid buying in the domestic equity market.

Petrol, diesel prices remain steady for the tenth consecutive day

Petrol and diesel prices remained unchanged in the country for the tenth straight day on Tuesday. Accordingly, the price of petrol and diesel was static at Rs 101.84 and Rs 89.87 per litre in Delhi, as per Indian Oil Corporation, the country’s largest fuel retailer. In Mumbai, the petrol price was unchanged at Rs 107.83 per litre on Tuesday. The cost of diesel was stable at Rs 97.45 a litre

The sharp rise in oil prices has been impacting almost every sector in oil-importing countries, including India. The post-pandemic economic recovery in India has slowed down, triggered by high inflation and increased freight costs.

Glenmark Life Sciences IPO to open today; here are the key things to know

Glenmark Life Sciences IPO comprises a fresh issue of 1.47 crore equity shares and an offer for sale of up to 63 lakh equity shares by promoter Glenmark Pharmaceuticals.-Lot 20 shares Min  Rs. 14400/-

Rolex Rings  IPO opens  on 28th July 2021…Rs 890-900 per share.  Lot 16 shares.

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