A dedicated block fabrication facility (BFF) is planned at Kochi in around 80 acre, with an annual capacity of 1.2 lakh MT at an investment of ₹3,700 crore to support the same. The initiative is set to generate around 2,000…
Paul Uren, JPMorgan’s Head of Investment Banking for the Asia Pacific region, noted the rapid expansion of India’s equity markets in recent years, which has made it easier to raise large amounts of capital through IPOs, follow-ons, and block trades.
Vineet Budki, Partner and CEO of Sigma Capital urged new investors to spend time learning from founders and industry events. “We are in the 1980s of the Indian stock market, where people clearly don’t understand what a token represents,” he…
According to a filing with the stock exchanges, IHCL subscribed to 2,01,659 equity shares of ELEL Hotels, each having a face value of ₹10, at an issue price of ₹5,000 per share. Shares of Indian Hotels Company Ltd ended at…
Banking stocks powered the late rebound, with the Nifty Bank rising 225 points to 55,510, led by gains of 2-3% each in IndusInd Bank and Axis Bank. PSU lenders such as State Bank of India, Canara Bank and Union Bank…
Abhinav Bharti of JPMorgan says India’s IPO market continues to outperform, with returns far higher than the broader secondary market. Despite significant private equity and promoter exits, the capital markets remain robust, supported by strong investor interest and a growing…
Shares of GMDC have not only hit a record high, but are also on course to extend their year-to-date gains to 100% after Tuesday’s upmove.
Metal stocks extended gains on Tuesday with JSW Steel hitting a 52-week high, while Hindustan Copper rallied nearly 4% amid improving demand outlook and China-led supply cuts.
MRF said in an exchange filing that factory operations are partly continuing with help from non-striking workers, and the company is taking necessary steps to restore normalcy at the earliest.
CarTrade Tech announced that both platforms registered their highest-ever single-day traffic on September 22. Traffic surged 74% compared with the first day of Navratri last year and was up 60% over the August 2025 daily average.