Latest Updates Around The World
Alphabet-backed Aye Finance has raised Rs 454 crore from major investors ahead of its IPO, which opens for public subscription on February 9, lending strong institutional backing to the NBFC, focused on micro-SME lending.The company informed the stock exchanges that it had allotted shares to investors at Rs 129 per share, the top end of […]
FSN E-Commerce, owner of Beauty & Personal Care (BPC) brand Nykaa, is expected to report a strong set of numbers in the quarter ended December, led by robust festive demand and continued momentum in the BPC segment. Broker estimates indicate that the company could grow its net profit by as much as 192% in Q3FY26, […]
With the Union Budget 2026 to be presented tomorrow, defense stocks have shown resilience, rising as much as 23% in January even as broader markets remained volatile.An analysis shows that a majority of stocks in the Nifty India Defense index have outperformed the Nifty benchmark since Budget 2025. The sector is expected to remain in […]
Vodafone Idea is expected to report weak performance in the December quarter, with revenue growth remaining subdued and losses widening as modest gains in ARPU continue to be offset by continued subscriber losses. On average, five brokers expect third-quarter revenue to rise around 1% year-on-year, while losses will widen to around Rs 6,700-7,000 crore. Turnover […]
Foreign institutional investors (FIIs) are piling into India’s public sector banks after a blistering rally added Rs 4.5 lakh crore in market capitalization over the past year, with FIIs raising stakes in 10 of the 12 PSU lenders in the December quarter as improving fundamentals and attractive valuations bring about a major change in investor […]
Indian equity markets showed signs of recovery with a return of buying interest, but traders should brace for higher volatility in the near term, said Rahul Sharma, Director and Head – Technical & Derivatives Research at JM Financial Services.Speaking to ET Now, Sharma said the Nifty 50 has found short-term support around the 25,900-25,950 zone […]
Billionaire Eternal founder Deepinder Goyal is set to lose over Rs 1,000 crore in unvested employee stock options (ESOPs) as he steps down from the role of Group CEO. He is returning 3.3 crore shares to the corporate pool. Analysts call this an extraordinary corporate governance gesture that could eliminate the need for shareholder dilution […]
Shadowfax Technologies’ initial public offering (IPO) worth Rs 1,907 crore reached its third and final day of bidding on Thursday. In the gray market, the premium (GMP) – an unofficial measure of pre-listing demand – has risen steadilyThe GMP has fallen to around 1%, down from 12% a few days ago. Based on this current […]
Agriculture solutions company Advanta Enterprises Ltd on Monday filed preliminary papers with capital markets regulator Sebi to raise money through an initial public offering (IPO). As per the draft Red Herring Prospectus (DRHP), the proposed IPO will be entirely an Offer-for-Sale (OFS) of equity shares of Rs 3.61 crore, with no new issue component. The […]
Market participants have urged the government to ease capital market taxes, including a higher exemption limit for long-term capital gains, ahead of the 2026-2027 Union Budget.They also suggested that the government avoid further increases in transaction taxes. The Union Budget will be presented by Finance Minister Nirmala Sitharaman on February 1.Market participants also demanded an […]
