Latest Updates Around The World
Securities and Exchange Board of India (Sebi) has given the go-ahead to ICICI Prudential Asset Management Company, Powerica, Annu Projects and Technocraft Ventures to launch their initial public offering (IPO).While ICICI Prudential AMC and Powerica received Sebi sightings on November 26 (Wednesday), Annu and Technocraft received them on November 17 and 25 respectively. In stock […]
India’s benchmark indices may be hovering around all-time highs, but the next phase of the market’s trajectory will be determined more by earnings stability and macro resilience than excitement, says Jitendra Sriram, Senior Fund Manager, Baroda BNP Paribas Mutual Fund.In an interview with ET Now, Sriram noted that the Q2 2025 earnings numbers marked a […]
BNP Paribas on Monday bought a stake worth Rs 392 crore in rail major Container Corporation of India (CONCOR) in a bulk deal. The French multinational bank acquired 72.18 lakh shares in Navratna company through its subsidiary BNP Paribas Financial Markets for Rs 515.3 each.The purchase price was 0.8% higher than Friday’s closing price of […]
Clean Max Enviro Energy Solutions, one of India’s largest commercial and industrial (C&I) renewable energy suppliers, has received Sebi’s approval to launch its IPO worth Rs 5,200 crore. Better known as CleanMax, the company provides sustainable energy and low-carbon solutions to major corporate and industrial customers across India and select overseas markets.The IPO includes a […]
Orkla India, the parent company of MTR Foods maker, has raised Rs 500 crore from major anchor investors ahead of its IPO. The shares were issued to domestic and foreign investors at Rs 730, the highest price band of the public offer. The issue opens on Wednesday and closes on Friday. Prominent investors who have […]
British government bond yields fell sharply across maturities on Wednesday as investors counted on unexpectedly stable inflation data to prompt the Bank of England to cut rates at the end of this year. Short-term UK government bond yields hit their lowest levels since the run-up to Secretary of State Rachel Reeves’ first budget in October […]
Canara HSBC Life Insurance Company’s initial public offering (IPO) worth Rs 2,517.50 crore entered its second day of bidding on Monday. By the end of Day 1, the issue was only 9% subscribed, while bids were received for 1.51 crore shares out of the total 16.67 crore shares on offer. The gray market premium (GMP) […]
Canara HSBC Life Insurance Company has allotted 7,07,85,000 equity shares to ‘anchor investors’, of which 4,26,93,840 equity shares (i.e. 60.31% of the total allocation to anchor investors) were allotted to eight domestic mutual funds, applying through a total of 18 schemes. The company raised Rs 750.32 crore from anchor investors by allotting shares at the […]
ACE investor Ashish Kacholia has hit half a century with the addition of a new share to his portfolio in the quarter of September. He took Jain Resource Recycling, a smallcap share that made its market debut on 1 October. According to the Red Herring Prospectus (RHP) of the company, the shares were assigned to […]
