Sunday, October 18
Virtual Galaxy Infotech's IPO has concluded with overwhelming demand, being subscribed over 200 times. This massive subscription is driven by strong investor interest across categories. The allotment of shares for the IPO is expected to be finalized later today. Investors can check their allotment status through the following methods.The company is boasting a robust grey market premium (GMP) of about 53% over the issue price. Investors who have applied for the IPO are now eagerly awaiting the allotment status.How to check Virtual Galaxy Infotech IPO allotment status through BSE websiteVisit the official BSE website.1) Go to the ‘Equity’ section under the ‘Investors’ tab.2) Select ‘Virtual Galaxy Infotech’ from the dropdown menu.3) Enter your application number or PAN, and click
America's most innovative companies took an unprecedented beating in the early days of Donald Trump’s second term as US president. Just take a look at Apple Inc. From its record $3.9 trillion valuation as the world's richest company on Dec. 26, it lost as much as $1.3 trillion, a record devaluation for the 49-year-old creator of the iPhone and more than the stock markets of Sweden, South Korea or Ireland.Apple is far from alone. Alphabet Inc., Amazon.com Inc., Meta Platforms Inc. and Tesla Inc. lost a combined $2.2 trillion even after their founders and chief executive officers attended the Jan. 20 inauguration of the 47th President in the most visible sign of obeying in advance. Apple CEO Tim Cook personally donated $1 million to Trump's inauguration, a sum matched by Meta, Amazon and G
Vodafone Idea filed a fresh petition in the Supreme Court on Thursday seeking relief from its mounting Adjusted Gross Revenue (AGR) dues. The telecom operator has requested a waiver of over Rs 30,000 crore, specifically towards interest, penalty, and interest on penalty components of its dues.Senior advocate Mukul Rohatgi, representing Vodafone Idea, mentioned the matter for urgent hearing before a bench led by Chief Justice BR Gavai. The top is scheduled to hear the plea on May 19.Rohatgi argued that the survival of Vodafone Idea is crucial for maintaining competition in the telecom sector, adding that the company is unable to bear the financial burden on its own. He also noted that the central government now holds a 49% stake in the company, following a recent equity conversion of intere
