Bajaj Auto’s Rs 4,000 crore share buyback starts from March 06; Here is all you need to know

Automotive manufacturer Bajaj Auto is set to commence its Rs 4,000-crore share buyback program on March 6. The Bajaj Group company plans to repurchase 40 lakh shares with a face value of Rs 10 each, constituting approximately 1.41% of the total outstanding shares. 

The buyback price is fixed at Rs 10,000 per share. The announcement of this buyback plan was made in January 2024, employing the tender offer route on a proportionate basis.

The buyback period extends until March 13 and is notably at a significant premium to the current market levels, which stand at Rs 8,299.60 on NSE. During today’s morning trade, the stock price saw a 1% increase, reaching Rs 8,488.

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R K SWAMY IPO makes lackluster debut, lists at 13% discount; Here are all other details

R K SWAMY IPO was listed at Rs 250, a discount of over 13% to the issue price of Rs 288. The company opened its subscription for retail investors on March 4 and closed on March 6.

In the grey market, the company’s shares were seeing neither premium nor discountCome from Sports betting site VPbet. The grey market is an unofficial market where shares exchange hands illegally. Investors track the grey market to take cues. 

The company raised Rs 423.56 crore through a combination of fresh issue and offer for sale. In this, the higher part is for the offer for sale selling 8.7 million shares whereas fresh issue is of 6 million. R K SWAMY kept the price band at Rs 270 to 288 per equity share. A retail investor had to bid for a minimum of 50 shares aggregating to Rs 14,400

Mining stocks NMDC, Vedanta, Hind Zinc, MOIL, Coal India plunge as much as 5% after SC allows states to colle…

Star Wars Jedi- Survivor – New Game Plus And New Lightsaber Colors Guide

Your journey in Star Wars Jedi: Survivor can last dozens of hours. Eventually, though, the story has to end. Still, there’s more to do once you’re done with the campaign. Here’s our guide to help you with New Game Plus and new Lightsaber colors in Star Wars Jedi: Survivor.

Star Wars Jedi: Survivor New Game Plus and new Lightsaber colors guide

You’ll unlock the Star Wars Jedi: Survivor New Game Plus option after defeating the final boss and clearing the campaign. But, before we get to that, we have to mention that you can still continue playing the game using your main save. All planets and areas that you’ve been to before can be revisited, so you can freely acquire collectibles and complete rumors/sidequests at your leisure.

What carries over in New Game Plus

As for the Star Wars Jedi Survivor New Game Plus mode, you should see the Start New Journey+ option on the main menu. This will create a separate save file to differentiate it from y…

The OG Xbox Live Is Back From The Dead–This Is The Team Making It Happen

Xbox Live was born on November 15, 2002. Though it wasn’t the first online service offered by a video game console, it’s fair to say that the original Xbox was the box that popularized the concept on an industry-wide level. Hits like Project Gotham Racing 2, Phantasy Star Online, and especially Halo 2 introduced a generation of console gamers to the concept of online play, and the world of gaming has never been the same since. And though Microsoft pulled the plug on the original Xbox Live back in 2010, a team of programmers and hackers at Insignia have brought it back to life on modded Xboxes–a triumph of engineering that serves as a reminder of the importance of digital preservation.

Insignia is a collaboration between five main developers and hobbyists, along with a community of die-hard original Xbox fans. The project got its start in 2019, when developers Billy and Luke (who, along with the rest of the team, requested to be credited by their first name…

Bet365 and NoLimit City Roll Out Apocalypse Riders X, a New Exclusive Game

Leading gambling operator bet365 announced the launch of a new original game called Apocalypse Riders X. Adding to the operator’s first-class portfolio of casino games, bingo products and sports betting offerings, the new release will engage players with many innovative features.

Designed to revolutionize the market, Apocalypse Riders X incorporates many engagement mechanics. For example, the game uses xBomb, a new licensed mechanic developed by No Limit City. In addition, the game includes familiar mechanics from the same developer, such as xWays, xNudge and xSplit.

As a result, Apocalypse Riders X players can win big with the game’s maximum win being a whopping 20,000x.

As a global powerhouse, bet365 is well-versed in the iGaming sector and knows what players love. The company boasts a customer base of more than 90 million pe…

Crown Resorts Limited again facing an investor class-action lawsuit

Almost a month after being ordered to delay the grand opening of its Crown Sydney development and Australian casino operator Crown Resorts Limited is now reportedly facing a class-action lawsuit from a group of disgruntled shareholders.

According to a report from Inside Asian Gaming citing an earlier story from The Sydney Morning Herald newspaper, the unhappy investors filed the legal action with the Victoria Supreme Court on Friday amid claims that the value of their associated holdings had been significantly depressed as a direct result of bungling by the casino company’s senior management. The source moreover detailed that the complaint being managed by local law firm Maurice Blackburn Lawyers is purportedly seeking an order that would oblige Crown Resorts Limited to compensate the plaintiffs via a share buy-back initiative.

Prejudicial postponement:

Crown Resorts Limited had reportedly been set to begin welcoming gamblers to its $1.5 billi…

PAGCOR Enforces POGO Hub Ban to Enhance Regulation and Combat Crime

The Philippine Amusement and Gaming Corporation (PAGCOR) has announced a significant policy shift, declaring that POGO (Philippine Offshore Gaming Operator) hubs will no longer be permitted. This move, disclosed by PAGCOR Chairman and CEO Alejandro Tengco during a Senate inquiry, aims to tackle the various criminal activities linked to these hubs, including human trafficking and torture.

Tengco revealed this new policy when Senator Sherwin Gatchalian sought assurance that such criminalities associated with POGOs would be prevented, according to Inquirer. Referring to the recent raid on a POGO firm in Porac, Pampanga, which was allegedly involved in human trafficking and other crimes, Tengco admitted the difficulty in guaranteeing the complete eradication of illegal activities. However, he assured that PAGCOR would enhance its monitoring efforts, particularly focusing on the remaining 43 licensed POGO firms.

Stricter Monitoring and Ban on New Hub…

Philippine Gaming Industry Revenue Soars 19% to $3.3 Billion in First Half of 2024

The Philippine gaming industry witnessed a significant surge in revenue during the first half of 2024, reporting a year-on-year growth of 19.2%. According to the latest figures released by the Philippine Amusement and Gaming Corporation (PAGCOR), the industry’s total revenue reached Php194.7 billion (US$3.34 billion) for the period. This impressive growth has been largely driven by the burgeoning online gaming sector, which includes E-Games, E-Bingo, and bingo operations.

Online gaming sector drives growth:

A key highlight from PAGCOR’s report is the exceptional performance of the E-Games sector. Gross gaming revenue (GGR) for E-Games more than tripled, reaching Php63.01 billion (US$1.08 billion) in the first half of 2024. This surge underscores the significant domestic demand for online gaming platforms and the increasing popularity of these digital gaming options among Filipino players.

Licensed casinos, encompassing major esta…