ET Intelligence Group: The imposition of countervailing duties (CVD) by the US Department of Commerce on solar panels from India will not only impact exporters but also companies targeting the domestic market. With the viability of shipments to the US uncertain due to a CVD of 125.87%, exporters are likely to shift unsold inventory to […]
Dalal Street is entering a busy phase of the IPO lock-in expiration, with a significant portion of pre-listing restrictions on shareholders set to be lifted in the next three months. According to estimates from Nuvama Alternative & Quantitative Research, as many as 85 companies will see their lock-ins expire between February 16 and May 27, […]
Clean Max Enviro Energy Solutions Ltd., a renewable energy company backed by Brookfield Corp., is preparing to launch its initial public offering in February with a smaller deal size, according to people familiar with the matter.The Mumbai-based company is now planning an initial public offering of about $350 million to $400 million, down from a […]
According to Dipan Mehta, director of Elixir Equities, the Securities and Exchange Board of India’s (SEBI) proposal to revise mutual fund fee rules to reduce costs for investors is unlikely to have a material impact on mutual funds or brokers. Speaking to ET Now, Mehta said the changes appear “marginal” and are mainly aimed at […]