Latest Updates Around The World
Billionaire investor Bill Ackman’s Pershing Square filed on Tuesday for an initial public offering of his hedge fund and a new fund in the US. He appears to be joining a small club of listed alternative asset managers.The move marks a major milestone for Ackman, the activist investor who has established himself as one of […]
ICICI Prudential Mutual Fund will stop accepting new subscriptions to three of its international funds from Monday over fears of exceeding the limit set by AMFI. The three international funds that will halt all types of inflows are ICICI Prudential US Bluechip Equity Fund, ICICI Prudential Nasdaq 100 Index Fund, ICICI Prudential Strategic Metal and […]
The ongoing conversation about more accessible housing needs to be rewritten: Homebuyers want smaller homes. Builders today can build smaller, smarter homes. The end. Select Teed One Precision Assemblies are one of many new component-based approaches to affordable, high-performance enclosure solutions. DefinitelyTeed The industry is teeming with ways builders can cut costs. All the puzzle […]
PNGS Reva Diamond Jewellery, which will enter the capital market with its maiden public issue on Tuesday, plans to invest Rs 287 crore in setting up 15 new stores to expand its business.Pune-based PNGS Reva Diamond Jewelery Ltd will launch its initial public offering (IPO) on Tuesday to raise Rs 380 crore through fresh issue […]
Clean Max Enviro Energy Solutions has raised Rs 921 crore from key investors ahead of its Rs 3,100-crore IPO, with global and domestic institutions including Temasek Holdings and SBI Life Insurance prominently featured in the anchor book.The company informed the stock exchanges that it has allotted 87,46,437 shares at Rs 1,053 per share to anchor […]
Stock markets lost momentum early this week, with a sharp reversal eroding initial resilience and leaving investors wondering whether the correction signals deeper weakness or a pause in ongoing consolidation. Despite the turmoil, market experts point to strong earnings trends and sector tailwinds as reasons to remain constructive. Rahul Shah out MOFSL in an interview […]
New-age logistics company Shadowfax Technologies has raised around Rs 850 crore from major investors ahead of its initial public offering (IPO), which opens for subscription on January 20, according to sources familiar with the matter.Domestic institutional investors are believed to have captured a large share of the anchor book, with strong participation from mutual funds […]
Manappuram Finance said necessary documents, including responses to clarifications sought by the Reserve Bank of India (RBI), on its application for change of control in the company in respect of the proposed investment by Bain Capital through its subsidiaries – BC Asia Investments XIV Ltd and BC Asia Investments XXV Ltd – have been submitted […]
QXO, a leading distributor of roofing products and building materials, is nearing a new acquisition as part of a plan to disrupt and consolidate the fragmented $800 billion building products industry and reach $50 billion in annual sales within about five years. By reshaping an unconsolidated market and capturing a much larger share of distribution, […]
Navigating Chinese Investments | Photo credit: Pakawadee Wongjinda A week after the US Tiktok deal was signed, Haier, a Chinese home appliance maker, announced a deal in India. The Bharti-Warburg Pincus consortium acquired 49 percent of Haier India, with a 2 percent stake reserved for Indian management. This leaves Haier with a 49 percent minority […]
