ESDS Software Solution is ramping up its AI infrastructure investments across India, expanding data centres and launching sovereign cloud services amid rising demand for localised compute capacity and plans for an IPO to fund further growth. ESDS Software Solution is…
India’s National Stock Exchange has received regulatory approval to proceed with its long-delayed initial public offering, potentially the country’s largest-ever share sale, signalling a major milestone after years of delays and governance concerns. India’s National Stock Exchange has cleared a…
Canara Bank plans to issue up to ₹4,500 crore in Basel III-compliant Additional Tier I bonds on September 16, as part of a larger ₹8,500 crore fundraising plan to support its expansion across various lending segments and strengthen its capital…
George Thomas of Quantum AMC highlights improved investment prospects in India’s FMCG shares following a significant correction in valuations, emphasising stable fundamentals amid ongoing headwinds. George Thomas of Quantum AMC says India’s fast-moving consumer goods shares are starting to look…
Stainless-steel drinkware maker Maharaja & Speedex India opens its ₹80.13 crore IPO on the BSE SME platform, aiming to fund debt repayment and expand manufacturing capacity amid robust revenue growth. Maharaja & Speedex India has opened its initial public offering,…
Choice Institutional Equities turns more optimistic on select Indian IT mid-cap stocks like Coforge, Persistent Systems, and Tech Mahindra, citing shifting corporate technology budgets towards AI, cyber security, and cloud services amid sectoral consolidation. Choice Institutional Equities has turned more…
Investor appetite for gold exchange-traded funds in China, India, and Japan propelled August inflows to near record highs, as global gold assets hit a new peak amid market volatility. Asian demand for gold exchange-traded funds strengthened sharply in August as…
Brazil’s Ibovespa declined amid rising geopolitical risks from the Middle East, with tensions escalating between the US and Iran impacting regional and global markets. Higher oil prices and a stronger dollar weighed on investor sentiment worldwide. Brazil’s Ibovespa fell on…
Banks have increasingly financed India’s commercial real estate sector, surpassing non-bank lenders despite regulatory risk adjustments, driven by a robust construction backdrop and sustained demand, raising questions about the sector’s future resilience. Commercial real estate has emerged as an unlikely…
Indian shares fell to a three-month low amid rising Brent crude prices above $100, reigniting inflation fears and causing sector-wide retreat, with technology and energy stocks leading the decline amid Middle East tensions. Indian shares came under selling pressure on…
The National Stock Exchange’s proposed listing on September 24 marks a pivotal moment for India’s primary markets, as it faces stiff competition from a busy September IPO calendar and seeks to establish its market value amidst high investor interest. The…
Bernstein’s latest analysis highlights a clear preference for Multi Commodity Exchange of India over BSE, citing moderating equity derivatives growth and expanding commodity participation as key factors shaping future market trajectories. Bernstein has opened coverage on two of India’s best-known…
