Sudeep Pharma Ltd.’s initial public offer was oversubscribed on the first day, led by non-institutional and retail investors, with the grey market premium indicating a 19% upside from the issue price.
SEBI chairman Tuhin Kanta Pandey clarifies that the regulator is not looking to regulate digital gold or e-gold products, citing they do not fall under its purview.
Tata Power Company Ltd. has entered into a pact with Bhutan’s Druk Green Power Corporation Ltd. for a hydroelectric power project worth Rs 13,100 crore, with a committed equity investment of Rs 1,572 crore.
SEBI has prohibited mutual funds from investing in pre-IPO share placements, except for anchor rounds. Learn how this move affects Indian investors and the broader market.
Excelsoft Technologies Ltd. initial public offer was subscribed over 43 times on the third and final day of subscription, led by demand from large institutional and non-institutional investors.
The US stock market rebounded on Friday after a key Federal Reserve official suggested the central bank could cut interest rates again in December, sparking a rally in the S&P 500 and Nasdaq.
Gold prices in India have declined by Rs 600 to Rs 1.26 lakh per 10 grams, tracking a weak global trend. Find out what’s driving the decline and how it affects Indian investors.
Bitcoin’s recent price drop has significant implications for Indian investors. Find out what’s driving the volatility and how to navigate the fragile trading landscape.
TPG Capital LP and Warburg Pincus are in early talks to buy a stake in Sirion Labs Pvt., a software business managing and automating contracts, valued at over $500 million.
The Government of India plans to introduce a bill to raise foreign direct investment (FDI) in the insurance sector to 100% in the upcoming winter session of the Parliament, aiming to deepen penetration and hasten growth in the sector.