Latest Updates Around The World
A91 Partners, Catamaran Ventures and Xponentia Capital-backed Sedemac Mechatronics Ltd have filed their draft red herring prospectus (DRHP) with the Securities and Exchange Board of India (SEBI) to launch an initial public offering.According to the DRHP, the proposed issue will be a complete offer for sale (OFS) of up to 80.43 lakh shares. Since the […]
A high-level committee set up by Sebi has found that the capital markets regulator’s current conflict of interest rules are inadequate, inconsistent and lack legal backing. It recommended a new legally enforceable framework to strengthen accountability and public trust.The committee, which was set up in March 2025 to review Sebi’s internal ethics and disclosure systems, […]
Shares of Asian Paints hit a fresh 52-week high of Rs 2,838.70 on Wednesday and closed 6.6% higher at Rs 2,832 on the NSE. The rally came after the company reported a 43% year-on-year increase in consolidated net profit in the second quarter to Rs 994 crore, while revenue rose 6% to Rs 8,514 crore. […]
With the Nifty inching closer to the 26,000 mark, Jaiprakash Toshniwal, fund manager at LIC MF Asset Management, believes the Indian market remains fairly valued, supported by strong earnings momentum and positive macroeconomic indicators.Speaking to ET Now, Toshniwal noted that valuations are still close to the 10-year moving average, indicating that the markets are not […]
The initial public offering (IPO) of Excelsoft Technologies, a global vertical SaaS company focused on the learning and assessment market, will open on November 19 and close on November 21, according to the red herring prospectus (RHP). The Rs 500 crore IPO of the Karnataka-based company is a combination of a fresh issue of shares […]
Shares of Hindustan Aeronautics Ltd (HAL) fell as much as 3.3% to Rs 4,701 on Wednesday after the state-owned defense company’s quarterly results showed operating margins falling short of company guidance and missing Street estimates on most key metrics.HAL’s consolidated net profit rose 10.5% year-on-year to Rs 1,669 crore for the July-September quarter, compared to […]
Awfis Spatial solutions CMD Amit Ramani addressed market concerns over the company’s debt, capital expenditure and growth plans, emphasizing clarity on financials and strategic expansion. Debt levels under control Ramani clarified, “Our company-wide debt stands at 21 crores, down 7 crores from last year. Profitability has grown 49% year-on-year and EBITDA 44%. Some confusion arises […]
In a move that raised questions about founder risk and shareholder protection, Ola Electric chairman and chief executive Bhavish Aggarwal increased his committed stake in the company by two percentage points, from 8.09% to 10.11%, during the September quarter, effectively pledging almost a quarter more of his holdings to fund another unnamed entity.This is the […]
Mumbai has once again firmly established itself as India’s leading gateway to institutional real estate investment. According to Cushman & Wakefield’s India Capital Markets Q3 2025 report, the city recorded over $1.2 billion in institutional inflows in the first nine months of 2025 – the fourth year in a row that Mumbai has crossed the […]
As the second quarter earnings season nears its end, results are largely in line with moderate expectations. In a conversation with ET Now, Harsha Upadhyaya, CIO, Kotak Mahindra AMC shared his views on India’s business performance and economic prospects. Earnings season in perspective “We are at the end of the earnings season. Results are largely […]
