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 […]
Indian stock markets will remain closed on Monday, January 26, to observe Republic Day, the second trading day of the calendar year 2026. There will be no trading activity on the National Stock Exchange (NSE) or the BSE in all segments, including equities, equity derivatives, currency derivatives and interest rate derivatives.The Multi Commodity Exchange of […]
The Indian market ended weaker on Wednesday, with the Sensex and Nifty heading lower and extending their decline to a fourth session, while investors remained cautious around record levels. The mood on Dalal Street remained subdued ahead of the Reserve Bank of India’s interest rate decision and policy announcements due on Friday, and as continued […]
Amisha Vora, CMD, PL Group, said markets have already absorbed much of the negative factors – including huge foreign outflows – and will benefit from improving domestic macro conditions. “We have passed around ₹85,000 crore of FII sales,” Vora noted in a conversation with ET Now, but added that policy support, low inflation and interest […]
Traditionally, the investor has been the man of patience and the courage of his convictions who would buy when the troubled or discouraged speculator was selling. If the investor must now restrain himself until the market itself encourages him, how will he distinguish himself from the speculator, and in what way will he deserve anything […]
Integris Medtech, India’s second largest diversified medical technology platform by operating revenue in FY25, has filed its Draft Red Herring Prospectus (DRHP) with the Securities and Exchange Board of India (SEBI) to launch an initial public offering (IPO) worth Rs 925 crore. The IPO will consist of a fresh issue of shares aggregating Rs 925 […]