Tata Motors had announced the demerger of its CV business into a separate listed entity back in 2023. Those who had shares of Tata Motors as of the demerger record date were eligible to receive one share of the CV…
The ₹6,632-crore IPO of Bengaluru-based stockbroking firm Groww received a robust response, subscribing 17.6 times overall.
Treasuries advanced across the curve after private-sector data signalled a cooling US labour market and bolstered bets on a Federal Reserve interest-rate cut.
Last week’s AI-led sell-off across global indices had spread to South Korea as well. Foreign investors sold futures worth over $1 billion or 1.65 trillion Won as the KOSPI saw its worst week in April. The index is still 3%…
Groww IPO Listing Live Updates: The shares of Billionbrains Garage Ventures, parent company of the stock market trading platform Groww, are set to make their stock market debut on Wednesday. This, after its ₹6,632 crore IPO received a healthy response…
The Dow Jones surged, while other indices recovered on Tuesday, despite Michael “big short” Burry alleging that AI hyperscalers have artificially inflated their earnings numbers by understating their depreciation expenses on projections that their chips will last longer. Burry recently…
Tariff hikes and a reduction in competitive intensity in customer acquisitions will also be key to ensure a sustained revival, Motilal Oswal wrote in its note, adding that the latter two factors are not entirely in the company’s control as…
Gold ETFs are drawing record inflows both in India and globally as investors look to hedge against rising debt and economic uncertainty. Vikram Dhawan says while the long-term fundamentals for gold and silver remain strong, the road ahead will be…
US equities stalled as Nvidia Corp. fell after SoftBank Group Corp. sold its stake, CoreWeave Inc. dropped on a revenue cut, and traders eyed weak labor data and rising bearish bets on Nasdaq.
SafeGold CEO Gaurav Mathur believes India’s vast household gold reserves can be transformed into a source of global capital if the government introduces clear rules for retail gold leasing. He said a regulatory framework would not only safeguard consumers but…