Top News Today: IPOs, Bonus Shares, Metro Expansion & More

Investment Opportunities:

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Shree Tirupati Balajee Agro Trading IPO:

The IPO opens today, September 5, 2024, and will run until September 9. A minimum of 50% of the issue is allocated to Qualified Institutional Buyers (QIBs), retail investors, and non-institutional investors (NIIs), with 35% reserved for retail investors.
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My Mudra Fincorp IPO:

This IPO, worth ₹33.26 crore, launches today. It consists of a fresh issue of 30.24 lakh shares and remains open for subscription until September 9. The allotment is expected on September 10, with refunds and share credit to Demat accounts scheduled for September 11. The company is set to list on NSE SME on September 12, 2024.
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Raymond Lifestyle Listing:

Raymond Lifestyle Ltd, the demerged retail and lifestyle business of Raymond Ltd, is making its stock market debut today. The company plans to expand its branded apparel segment, aiming to open 250-300 stores over the next three years.
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Reliance Industries Bonus Share Consideration:

Reliance Industries’ board is meeting today to potentially approve a 1:1 bonus share issuance. If approved, shareholders will receive one free share for every share held, enhancing shareholder value.

Other News:

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Happy Teachers’ Day 2024:

Today, September 5, marks Teachers’ Day in India, celebrating the birth anniversary of Dr. Sarvepalli Radhakrishnan, the country’s first vice president and second president. Schools and institutions across the country will honor teachers with special programs and ceremonies.
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Kolkata Metro Expansion:

Kolkata Metro expands its Blue Line services with the addition of two new trains, bringing the total number of weekday services to 290. The expansion aims to improve commuter convenience and enhance the city’s metro connectivity.
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MCC NEET UG Counselling Round 2:

The Medical Counselling Committee (MCC) opens registration for Round 2 of the NEET UG Counselling 2024 today. Candidates can register for the next round of admissions on the official MCC website, mcc.nic.in.
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Excise Scam Legal Proceedings:

The Supreme Court will hear Delhi Chief Minister Arvind Kejriwal’s pleas today regarding his bail and challenge against his arrest by the CBI in the alleged excise policy scam. A bench of Justices Surya Kant and Ujjal Bhuyan will hear the case.