Mutual fund managers defend recent high-valuation IPO bets

The debate over mutual funds subscribing to initial public offerings with high valuations, such as Lenkart’s, may be missing key context, according to executives at fund houses, who said the…

Eastman Auto and Power files confidential DRHP with Sebi for upcoming IPO

Eastman Auto and Power, an energy transition and power electronics company, has filed its confidential draft red-herring prospectus () with the stock market regulator for an (IPO). According to a…

Sensex, Nifty 50 extend gains to 2nd consecutive session— 10 key highlights

Stock market benchmarks, the Sensex and Nifty 50, ended higher for the second consecutive session on Friday, December 12, tracking positive global cues after the US Fed cut rates. The…

Sensex, Nifty extend losses a day after sharp sell-off; rupee hits record low

Benchmark stock market indices ended lower on Wednesday, extending their losses a day after seeing the sharpest fall in more than eight months. Weak global cues, worries around trade and…

Zomato’s Deepinder Goyal steps down as Eternal CEO, Albinder Dhindsa to take over

Eternal, the parent company of food delivery platform Zomato, announced a top leadership change on Wednesday, with founder Deepinder Goyal stepping down as chief executive officer and managing director. on…

Why EU-India FTA will be Mother of All Deals, and Trump deserves a thanks

“There is still work to do. But we are on the cusp of a historic trade agreement — some call it the mother of all deals,” European Commission President Ursula…

India’s AI push puts it on path to global tech powerhouse, says Ashwini Vaishnaw

India is positioning itself as a major global player in artificial intelligence, with strong government backing, rising investments and a clear long-term vision. Speaking to India Today on the sidelines…

Gold hits record Rs 1.57 lakh: Is it time to buy, hold or sell?

Gold prices surged to new record levels on Wednesday as investors rushed towards safe-haven assets amid rising global uncertainty. A weaker US dollar, escalating tensions linked to the Greenland issue,…

Kalyan Jewellers share price tumbles 12%: Why is the stock falling today?

Kalyan Jewellers India Ltd sank nearly 12% in Wednesday’s trade, with the stock down 11.94% at Rs 397.70 on the BSE at 11:43 am, slipping closer to its 52-week low…

AI, trade risks and growth: Why India still stands out for global investors

On the sidelines of the annual meeting of the World Economic Forum 2026 in Davos, Ananya Birla, Director at the Aditya Birla Group, said India continues to be the most…