Ujjivan Small Finance Bank listed with a massive 56 percent premium over its issue price on December 12 despite volatility in the market.The stock touched an intraday high of Rs 62.8 on the National Stock Exchange (up 70 percent) after opening at Rs 58.75 against IPO price of Rs 37. The bumper listing was on expected lines given the strong response received for the company's IPO.Combined volume on BSE and National Stock Exchange was more than 20 crore equity shares.Close Ujjivan Small Finance Bank (USFB) is a subsidiary of microfinance lender Ujjivan Financial Services. related news Morgan Stanley bullish on NTPC, Adani Ports and L&T Infotech Initiating coverage: HDFC AMC and M&M among 10 stocks that could return 10-40% in 2020 Most experts are now advising investors to hold the stock for longer term on the back of good fundamentals. Though some suggest investors can do partial profit booking and hold the rest for longer term."Ujjivan SFB's … [Read more...] about Ujjivan Small Finance Bank: Should investors buy, sell or hold after the bumper listing?
Toshiba share price
Aerodynamics forms an integral part of the structure of a supercar. Seeing how the car can potentially fly off the ground if things aren't done right, decades of research has been done in this field to reduce drag without compromising on traction.Now all this research has made cars faster and more stable, but British design firm -- Gordon Murray Automotive -- has brought us the future of aerodynamics. The new Gordon Murray T.50 will be the company's first production car and its main feature will be a 400 mm fan sitting on the rear bumper.The fan sits right between the aerofoils and the high mounted exhausts and looks more akin to a sci-fi jet thruster than what its real purpose is. As mentioned before, the fan's direct function will be to speed up the air passing from under the car and channel it through active elements in the car's rear diffuser. The air inlets at the bottom are also vertical so no debris is pushed into the fan's blades.Close The fan itself, which was first … [Read more...] about Gordon Murray’s T.50 supercar gets futuristic aerodynamics with a rear-mounted fan
Gaurav GargSilver found a new high in September at Rs 50,672 per kg only to slide. Despite uncertainties surrounding the commodity market, it made a brief recovery in the festival month of October but didn’t come close to Rs 50,000. Let's take a look at the factors that may push silver prices to Rs 50,000 again in the new year.Gold and silver are the safe-haven destinations for investors troubled with economic conditions and worried about the uncertainties of equity markets. The stock markets are at all-time highs. If we look at US, Asian and European markets, they continue to push higher with every passing day.Close We do have an ongoing threat of a trade war between the US and China, but there is hope that the two countries are closing in on phase of an agreement. However, there is a growing concern about the direction of the global economy, which seems to be trading sideways. A continuation of this movement over the next year will give a natural lift to the price of silver. … [Read more...] about What will it take for silver to scale Mt 50k in 2020?
Raghav Pandey and Aditi SeethaThe Personal Data Protection Bill, 2019, recently approved by the Cabinet, paves the way for the long-felt need to protect privacy rights of an individual. The law, prima facie, strictly deals with issues of personal data and places stringent restrictions on “data fiduciary” and also imposes strict sanctions against violations. However, a lenient approach has been taken when it comes to the use of the data by the government.The wide exemptions provided under the Bill raise serious questions about the government’s access to individual’s data in the name of “interest of sovereignty and integrity of India, the security of the state, friendly relations with foreign States, public order” etc.Close The most debatable and questionable step is the forced collection of “any personal data anonymised or other non-personal data” from any data fiduciary or data processor incorporated under Section 91. This attempt of … [Read more...] about Personal Data Protection Bill, 2019 | Control over non-personal data a risky proposition