DMart’s Radhakishan Damani Invests Rs 90 Crore In Lenskart Ahead Of IPO Billionaire investor Radhakishan Damani, founder of Avenue Supermarts (DMart), has invested around Rs 90 crore in eyewear retailer Lenskart Solutions in a pre-IPO (initial public offering) funding round, people familiar with the development said on Friday. The investment comes ahead of Lenskart’s maiden […]
Shipping Corp Privatisation Plan Put on Hold: What it Means for Indian Investors The government’s plan to privatise Shipping Corporation of India (SCI) may be put on hold amid the evolving global geopolitical situation, with an increasing focus on strengthening the state-run carrier to safeguard India’s trade and energy security, official sources told NDTV Profit.
FPIs Turn Net Buyers in Indian Markets Despite Slip, Invest Rs 620 Crore The foreign portfolio investors on Friday turned net buyers of Indian shares after a day of selling. The FPIs bought stocks worth approximately Rs 621.51 crore, according to provisional data from the National Stock Exchange. The DIIs stayed net buyers for the
US Stock Markets Today: S&P 500, Dow, Nasdaq Hit Record Highs As Inflation Data Boosts Fed Rate Cut Bets The main Wall Street indices rose on Friday to hit record highs after the latest consumer price index data indicated that the Federal Reserve could cut rates this year. The Dow Jones Industrial Average rose 565
SEBI’s Directive On Mutual Funds And Pre-IPO Placements The Securities and Exchange Board of India (SEBI) has taken a significant step by stopping mutual funds from investing in pre-IPO placements, according to sources. This move is expected to have a considerable impact on the IPO market in India, which has been buzzing with activity in
Gold Prices in India: A Post-Festive Season Analysis Gold prices in India have witnessed a marginal decline after the festive season, with the metal trading at Rs 123,550. This downtrend is attributed to various factors, including positive trade talks between China and the US, a stronger dollar, and overstretched technicals. In this article, we will
Q2 Results to Set the Tone for Indian Markets The upcoming Q2 results season is expected to be a crucial one for Indian markets, with over 300 companies scheduled to announce their financial performance for the July-September quarter. The results will provide critical insights into the companies’ performance and their future trajectory, helping investors and
Helios Capital’s Investment Strategy: Diversification and Unpredictability Helios Capital founder and fund manager Samir Arora shared insights into his investment strategy and the unexpected windfall from early bets on companies like Ather and Eternal. Speaking to NDTV Profit, Arora emphasised the importance of diversification and the unpredictability of market favourites. “We don’t bet on any
Raymond Q2 Results: What to Expect from the Textile Giant Raymond Ltd., one of India’s leading textile and apparel companies, is scheduled to announce its Q2 results for FY26 on October 27. The company, which has a global footprint across over 50 countries, will discuss its performance for the quarter ended September 30. Q2 Results
Kotak Mahindra Bank Q2 Results: A Mixed Bag for Investors Kotak Mahindra Bank’s net interest income or NII for the second quarter grew by 4% year-over-year, rising to Rs 7,311 crore from Rs 7,020 crore in the same period last year. This growth in NII is a positive sign for the bank, indicating a strong