Latest Updates Around The World
The proposed offering will aim to raise 40 billion rupees ($440 million), including as much as 30 billion rupees in newly issued shares and a secondary sale of 10 billion rupees by Blackstone, according to the IPO prospectus filed in December.Discussions are still ongoing and details such as the size and timing of the stock […]
Radhavi Deshpande, Chief Investment Officer at Kotak Mahindra Life Insurance, believes that REITs and InvITs are positioned to take on a more meaningful role over time, driven by stable cash flows, improving market depth and their ability to improve risk-adjusted portfolio returns.In this chat, she shares her FY27 outlook in terms of earnings growth, small […]
Indian markets enter the market on Monday amid fresh uncertainty after US President Donald Trump announced temporary tariffs on virtually all US imports will be raised from 10% to 15%, just a day after the US Supreme Court lifted its previous sweeping tariff program.The back-to-back moves have left investors wondering whether this is a short-term […]
A recently announced merger of India’s energy sector lenders is fueling hopes that the financing will boost energy and other key drivers of the world’s fastest-growing major economy.The Indian government has announced that it will acquire state-owned Power Finance Corp. and the REC Ltd unit. will merge. As money managers digest the details, they see […]
Silver exchange-traded funds (ETFs) are down 38% from their all-time high just seven trading sessions ago on January 29, as increases in margin requirements and profit booking triggered a brutal unwinding of leveraged positions.The sharp reversal comes after spot silver plummeted below $65 an ounce before a dramatic recovery of 8.6% to $77.33 in international […]
Fractal Analytics on Friday said it has raised Rs 1,249 crore from anchor investors ahead of its proposed initial public offering (IPO), after allotting 1,38,69,499 shares to 52 anchor investors at the top end of the price band of Rs 900 per share.The IPO opens for public subscription on Monday, February 9 and closes on […]
Fractal Analytics, one of India’s best-known artificial intelligence companies, has announced the dates for its initial public offering, paving the way for what is expected to be India’s first pure-play AI IPO. The public issue of Rs 2,834 crore will open for subscription on February 9 and close on February 11. The IPO includes a […]
The US decision to sharply cut tariffs on Indian goods should strengthen the rupee and boost Indian stocks, strategists and fund managers say.US President Donald Trump announced he would cut his 25% tariff on Indian goods to 18% after Prime Minister Narendra Modi agreed to stop buying Russian oil during a phone call. Trump is […]
The Rs 1,789 crore Amagi Media Labs IPO entered its third and final day of bidding with a marginal improvement in investor sentiment. The gray market premium (GMP) has risen from around 6% to around 7%, indicating slightly better – but still cautious – expectations for stock market gains amid volatile markets and heightened valuation […]
