The IPO of CMR Green Technologies consists entirely of an offer-for-sale (OFS) by existing shareholders, including the promoter group and Global Scrap Processors. Consequently, the company will not receive any proceeds from the issue, and the net funds raised will…
The Ordinance amends Schedule IV of the Income-tax Act, 2025, by inserting two new categories, 13D and 13E, that provide tax relief on specific financial instruments.
The RBI announced that 15-year, 30-year and 40-year tenor government securities (G-Secs) will now be included in the specified securities category under FAR.
RBI unveils concessional forex swap facility for CPSEs to boost 3-5 year ECBs, cut hedging costs and attract dollar inflows amid global market volatility.
SpaceX tells banks it is set on a $135 IPO share price, aims to raise $75 billion at a $1.75 trillion valuation, with strong investor demand ahead of June 12 debut
South Koreas Kospi plunged up to 7% as Samsung Electronics and SK Hynix slumped, exposing AI driven gains, heavy leverage and ETFs to rising volatility and rate hike risks
A subdued first quarter could make it increasingly difficult for IT companies to achieve their full-year growth targets, as the sector typically derives a larger share of growth during the first half of the financial year. As a result, FY27…
Indonesia stocks and the rupiah plunge as investors flee on fears over President Prabowo Subianto policies, MSCI downgrade risk, rising debt concerns and unclear economic reforms
Of the 49 analysts who have coverage on the stock, 43 have a “buy” rating, four have a “hold” rating and two have a “sell” rating.
Investors seeking to participate in the buyback were required to purchase Wipro shares by Thursday, June 4, in order to qualify for the corporate action. Under the record date mechanism, only shareholders whose names appear in the company’s records and…