AceVector Limited, parent of Snapdeal, sharply reduces its net loss and posts growth in revenue, as it prepares for its second attempt at a public listing with a ₹287 crore share issue amid expanding operations across marketplace, SaaS, and consumer…
The National Stock Exchange’s eagerly awaited initial public offering closed with robust demand, driven primarily by institutional investors, signalling strong confidence in one of India’s most significant listings. The National Stock Exchange of India’s long-awaited initial public offering closed with…
Varmora Granito Ltd has attracted significant investor interest by raising Rs 212.4 crore from anchor investors ahead of its upcoming IPO, which is set to open on 22 September and list on 29 September. Varmora Granito Ltd has drawn investor…
India’s short-term money market faces upward rate pressures as the Reserve Bank of India’s bond sales and GST outflows reduce surplus liquidity, signalling a potential shift in monetary conditions amid persistent bond market concerns. India’s short-term money market is beginning…
The diagnostics industry enters FY27 with steady demand and expanding volumes, as firms focus on technology and regional strength to sustain margins amid cautious pricing strategies, says Business Standard and brokerages. Diagnostics companies are heading into the rest of FY27…
Indian stock indices recovered on Monday, buoyed by softer crude oil prices, lower global bond yields, and positive overseas market sentiment, extending recent gains amid mixed sector performance and technical caution. Indian shares recovered on Monday as softer crude prices,…
The Nifty 50 faces its longest losing streak since 2020, with technology and auto sectors hardest hit, as global inflation and geopolitical tensions dampen investor sentiment. Dalal Street’s six-week slide has left a sharp divide across the Nifty 50, with…
Most economists predict a 25-basis-point increase in the Reserve Bank of India’s key policy rate in October, marking the first hike since February 2023 as inflation concerns and global pressures mount. Most economists expect the Reserve Bank of India to…
Asian gold prices hover close to $4,375 an ounce as traders assess persistent inflation, higher US borrowing costs, and the Fed’s tightening measures, with prospects of further rate hikes looming. Gold prices in Asia held close to $4,375 an ounce…
Foreign portfolio investors resumed selling Indian shares in September’s first half, withdrawing nearly ₹14,116 crore amid sectoral shifts towards healthcare and defensive stocks, as concerns over inflation, crude prices, and geopolitical tensions influence global investment flows. Foreign portfolio investors turned…
Market responses to the Federal Reserve’s rate hikes often involve short-term dips, but historical patterns indicate these declines are typically temporary, with stocks usually rebounding as bond yields adjust. Current rapid increases in the 10-year Treasury yield are causing concern,…
India’s goal to reach net zero by 2070 requires an estimated $22.7 trillion in investment. Experts argue that improved transparency in corporate transition plans is essential to mobilise this capital effectively and avoid risks of misallocated funds and stranded assets.…
