Moneycontrol Selects: Top stories this morning

Here is a list of stories to keep you updated:

Tata Technologies IPO: A deep dive into its business, risk factors and whether you should invest

Tata Technologies IPO, a subsidiary of Tata Motors opened for subscription on November 22. This is the first initial public offering by a Tata Group company in almost two decades after Tata Consultancy Services went public in 2004. Read more about the IPO, here.

SEBI unlikely to implement 24-hour mandate on addressing market rumours, say sources

Market regulator Securities and Exchange Board of India (SEBI) is unlikely to implement its mandate that requires companies to confirm or deny market rumours within 24 hours of occurrence, sources with knowledge of the matter told Moneycontrol. The practice was supposed to come into effect from February 1, 2024 for large-cap companies and August 1, 2024 for mid-cap companies. Details here.

Four IPOs including Tata Tech to open today: Which ones should you subscribe? 

Initial public offers (IPO) of Tata Technologies, Fedbank Financial Services, Flair Writing Industries and Gandhar Oil Refinery are set to hit the IPO street today, November 22. All these public offers will close on November 24. Let’s delve into the details and whether investors should subscribe to these issues.

IDBI Bank stock falls 3% as govt cancels invitation process to appoint divestment asset valuer

Shares of IDBI Bank fell more than 3 percent on November 22 morning after the government cancelled the bid invitation process to appoint an asset valuer for the lender’s divestment. The Centre will call for a fresh request for proposal (RFP) for appointing the asset valuer. Read more here.

Uttarakhand tunnel collapse: BRO begins building roads for passage of rescue ops machines

The Border Roads Organisation (BRO) is building roads near the Silkyara site to allow machines to pass through to rescue the 41 workers stuck inside the 4.5-km tunnel for the last 10 days. Full report here.

Israeli Cabinet approves cease-fire with Hamas, includes release of some 50 hostages held by militants

Israeli Cabinet approves cease-fire with Hamas that includes the release of some 50 hostages held by militants. Read here.