equity shares

Indian skincare startup Mamaearth has reportedly put its IPO on hold due to weak market conditions. Mamaearth had planned to raise $200-300 million through the issuing of new equity and an offer for sale of some existing shares, but is now in a "wait and watch mode" amidst global stock market turbulence.

The Hindustan Aeronautics Offer for Sale was subscribed 19.68 times by retail investors, as per NSE data. The government aims to add to its disinvestment kitty.

Indian markets fell after the US Federal Reserve's ninth rate hike. Banking, financial and IT stocks dragged indices down, while the rupee strengthened against the dollar.

Hindustan Zinc's shares surge 5% as it declares fourth interim dividend of Rs 26 per share for FY 2022-23. The largest primary zinc producer in India remains dominant in the market.

General Electric has cancelled stock awards for CEO Larry Culp due to missed performance thresholds, resulting in the loss of USD 5 million in compensation. Shareholders had previously objected to terms of Culp's contract extension.

The Indian stock market is facing turbulence due to the SVB crisis and global market volatility. Bank stocks are suffering, Nifty is experiencing a bearish momentum, and investors are cautious about potential rate hikes. Stay informed to navigate this uncertain market.