As Wall Street’s love affair with artificial intelligence heavyweights cools, some investors are turning to infrastructure companies that they expect will benefit from AI investments, a shift that is spawning a slew of new products. After huge gains in recent years, shares of AI technology giants such as Alphabet and Amazon have fallen sharply as […]
The issues related to the rare earth supply chain have been going on since the beginning of the current fiscal, creating anxiety and uncertainties for the Indian automakers. The rare earth magnets in question, namely neodymium-iron-boron (NdFeB), are valued for their strength and efficiency. Modern passenger vehicles rely on these rare earth magnets for several […]
Vidya Wires, maker of winding and conductivity products, on Tuesday said it has raised Rs 90 crore from major investors, ahead of opening its IPO for public subscription.Bandhan Mutual Fund (MF), LIC MF, Bank of India MF, Maybank Securities, Alchemy Emerging Leaders of Tomorrow Series 2 and MAIQ Growth Scheme are the anchor investors to […]
Fujiyama Power has announced the price range for its IPO of Rs 828 crore at Rs 216-228 per share. The issue, which opens for public subscription on November 13 and closes on November 17, includes a fresh issue of Rs 600 crore and an offer for sale (OFS) of Rs 228 crore by existing shareholders.The […]