Capital market regulator SEBI has cleared three initial public offerings of travel technology firm Travelstack Tech, Learnfluence Education and Tea Post to raise over ₹500 crore. Incidentally, the companies, including…
Author: Admin
Gold-silver ratio expected to rise above 70 mark. Time to dump silver for gold?
Gold-silver ratio: The gold-silver ratio, a key metric tracked by bullion investors, is trending higher amid the geopolitical tensions, given investors’ inclination to park money in gold rather than silver…
Reliance signs $3 billion deal with Samsung C&T for 15-year supply of Green Ammonia — Here’s all we know
Reliance Industries has signed a $3 billion (approx. ₹27,665 crore) binding long-term Supply and Purchase Agreement (SPA) with South Korea’s Samsung C&T Corporation, for supply of Green Ammonia over a…
India’s unemployment rate moderates in February, rural trend unchanged
New Delhi: India’s unemployment rate for people aged 15 years and above eased marginally to 4.9% in February from 5.0% in January, driven by a decline in joblessness in urban…
OpenAI courts private equity to join enterprise AI venture, sources say
NEW YORK, March 16 (Reuters) – OpenAI is in advanced talks with private equity firms including TPG, Advent International, Bain Capital and Brookfield Asset Management to form a joint venture…
Broker’s Call: KFIN Technologies (Buy)
Target: ₹1,050 CMP: ₹902.35 We have liked KFIN Technologies (KFIN) for its business growth potential based on its core Indian MF RTA operations, alongside likely traction in international business (buoyed…
Broker’s Call: Federal Bank (Buy)
Target: ₹290 CMP: ₹260.85 Federal Bank (FB) continues to prioritise NIM improvement, supported by growth in the chosen mid-yielding segments and realigning the liability mix with focus on CASA deposits,…
Atlys secures $36 million in Series C funding from Susquehanna Asia VC
Atlys, a visa processing startup, has closed a $36 million Series C funding round led by Susquehanna Asia VC. Existing investors include Elevation Capital, Long Journey Ventures, and Peak XV…
Gold, silver ETFs bear the brunt of West Asia war
Gold and silver exchange traded funds continued their downtrend amidst the raging war in West Asia , as the underlying precious metals prices were at the mercy of sellers. All…
SEBI to review MFD-IA framework to remove overlap in roles
SEBI will review the regulatory framework governing mutual fund distributors (MFDs) and address overlaps with investment advisers (IAs), and is also preparing a common advertisement code and a digital compliance…
