SEBI also proposes expanding the anchor investor framework by increasing the number of anchor allottees for issues above ₹250 crore, enabling wider foreign fund participation. | Photo Credit: HEMANSHI KAMANI/Reuters The Securities and Exchange Board of India (SEBI) proposed changes to the allocation structure of large initial public offerings (IPOs) on Thursday, including increasing the … Read more
Noel Tata, Chairman of Tata Trusts | Photo Credit: PTI The Shapoorji Pallonji Group, which has so far been insistent on listing Tata Group holding company Tata Sons, is understood to be willing to discuss ways to monetise its stake, including a partial divestment, according to sources with knowledge of the matter. Sources indicated that … Read more
The Lannett facility offers Aurobindo significant room for capacity expansion and positions it to benefit from US government reshoring initiatives The acquisition of Lannett Company in the US by Aurobindo Pharma will provide the drug-maker a strong manufacturing base in the US at a time when tariffs on imports into the US have become a concern … Read more
The Indian School of Business (ISB) has launched an Executive Programme in Business Management for mid-career professionals and emerging leaders. Designed for managers, entrepreneurs, consultants and domain specialists across sectors, the programme blends the academic rigour of ISB’s globally renowned faculty with an application-focused learning model. “This programme empowers professionals to build a broad leadership toolkit — combining … Read more
Sensex, Nifty, Share Prices Live Updates: The short-term outlook is bullish for Bikaji Foods International. The stock has been in a strong uptrend since mid-February this year. This upmove is happening inside a bull channel. The stock is currently hovering above the lower end of the channel. Source link
India’s dependence on Russian crude oil has skyrocketed from a mere 0.2% before the Ukraine war to around 35–40% currently, making Russia India’s top supplier. From just 0.2 per cent before the Russia-Ukraine war to now accounting for 35-40 per cent of total crude imports, India’s reliance on Russian oil has surged — drawing fresh … Read more
The 25 per cent tariff on goods and penalties will be effective from Friday (August 1) US President Donald Trump’s announcement on Wednesday over imposing an undisclosed penalty on crude oil purchases from Russia jeopardises energy security for India. The 25 per cent tariff on goods and penalties will be effective from Friday (August 1). … Read more
Business, Financial, Bank Gold Reserves Concept. Stack of Golden and Silver Bars in the Bank Vault Abstract Background istock photo for BL | Photo Credit: iStockphoto Cutting short the five-day losing streak, gold prices rebounded by ₹700 to ₹98,520 per 10 grams in the national capital on Wednesday due to fresh buying by stockists, according … Read more
Copper prices have been consolidating for more than a week now. The Copper Futures contract traded on the Multi Commodity Exchange (MCX) has been stuck between ₹892 and ₹902 per kg for more than a week. Within this range the contract is currently trading near the upper end of the range at ₹899 per kg. … Read more
With Washington’s retreat from regions like Africa, Southeast Asia, and Latin America, China is stepping decisively into the vacuum | Photo Credit: DRAZEN JORGIC China’s leaders are working flat out to revive the Dragon Kingdom’s sputtering economy and return it to the high-growth trajectory it enjoyed over the last three decades. They’re doing it on a … Read more