Latest Updates Around The World
India’s leading retail investment platform, Groww (Billionbrains Garage Ventures Ltd), has entered the third and final day of its IPO filing. At the end of Day 2, the issue was subscribed 1.64 times, receiving 59.84 crore bids against the 36.47 crore shares on offer.In the gray market, the IPO GMP (gray market premium) has been […]
Shares of TVS Motor Company are likely to be in focus on Friday after the carmaker announced the sale of its stake in bike taxi aggregator Rapido for Rs 287.93 crore, marking a strategic exit from the venture it first partnered with in 2022.In an exchange filing on Thursday, the two-wheeler and three-wheeler maker said […]
Adani Enterprises will spread the proposed rights issue of up to ₹25,000 crore (its largest ever fundraising) over four equal tranches and a period of six to eight months, sources aware of the development said.The company plans to use a significant portion of the rights issue to repay shareholder loans extended by the promoter. This […]
Zydus Lifesciences’ board on Thursday approved a proposal to raise up to Rs 5,000 crore through a share sale, which the pharmaceutical company said will help strengthen its balance sheet by reducing debt and fueling future growth.The fundraising could be carried out in one or more tranches through a public or private sale of shares […]
The Bank of England kept borrowing costs steady on Thursday, but a close vote and signs that Governor Andrew Bailey could soon join those seeking a rate cut raises the likelihood of a decision in December after the government budget later this month. Mindful of still high inflation in Britain, the nine-member Monetary Policy Committee […]
JM Financial on Thursday reported a 16 per cent rise in consolidated profit to Rs 270 crore for the three months ended September 30, 2025. The company had posted a profit after tax (PAT) of Rs 232 crore in the year-ago period. However, total revenues fell to Rs 1,044 crore in the July-September quarter of […]
The Indian market ended lower on Thursday, erasing early gains as investors took a break from October’s sharp rally. Losses in financial and metal stocks weighed on the Sensex and Nifty, marking a second consecutive session of declines, while midcap and smallcap stocks sold off more steeply.The S&P BSE Sensex fell 148.14 points, or 0.18%, […]
Benchmark index Nifty ended in the red on Thursday, posting its second consecutive losses due to selling pressure in financials, metals and real estate stocks. In doing so, it slipped below the critical 21-EMA on the daily time frame, indicating weakness.Commenting on the day’s action, Rupak De, Senior Technical Analyst at LKP Securities said the […]
