Latest Updates Around The World
By Baiju Kalesh and Manuel Baigorri Three senior bankers at India’s Raine Group, including the country head, are about to leave the boutique adviser to set up a new investment banking firm, according to people familiar with the matter. Gaurav Mehta, a partner and head of Raine in India, and directors Naveen Asopa and […]
Even after the Sensex and Nifty ended around 2% lower post-Union Budget, Morgan Stanley’s Ridham Desai maintains his bullish stance on Indian equities, arguing that a rare combination of cyclical support and structural reforms will support earnings growth and support premium valuations for domestic equities.The budget targets a fiscal deficit of 4.3% of GDP for […]
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 […]
