The IPO of specialty chemical manufacturing company Tatva Chintan Pharma Chem received a massive investor response, getting subscribed a whopping 180.36 times on the last day of the issue on Tuesday. The IPO received bids for 58,83,08,396 shares against 32,61,882 shares on offer, as per data available with the NSE. PTI
Sensex extends losses for 3rd day, plunges 356 pts
Equity indices wilted under selling pressure for the third session on the trot on Tuesday as the global market sell-off deepened on renewed concerns over the fast-spreading Delta variant of the coronavirus. The Sensex tumbled 354.89 points to close at 52,198.51. Similarly, the Nifty slumped 120.30 points to 15,632.10. PTI
BBNL invites bids for broadband in villages
Bharat Broadband Network Ltd (BBNL) has invited bids to provide broadband to 3.61 lakh villages (including gram panchayats) across Punjab, Haryana, Himachal Pradesh, Rajasthan, Kerala, Karnataka, Uttar Pradesh, Madhya Pradesh, among others. TNS
Adani stocks tumble; some hit lower circuit
Shares of Adani Group firms on Tuesday tumbled up to 5% after the government told Lok Sabha that markets regulator SEBI and the Directorate of Revenue Intelligence (DRI) are probing some of the Group companies for alleged non-compliance with rules. PTI
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