Consumer-focused investment firm L Catterton, which is in the process of raising its first India-focused fund and deploying the proceeds, is doubling down on India with the prospects of a…
Category: Market
India’s IPO rush hits pause as macro volatility delay listings
India’s much-anticipated IPO wave is showing signs of delay as global macroeconomic volatility, geopolitical tensions and valuation mismatches prompt startups and investors to reassess listing timelines. Fintech major PhonePe recently…
Gold, silver rates today: Comex gold gains $47/oz; silver rallies $2 as US dollar eases from 10-month high
Precious metals, which had shown a limited reaction to the ongoing US-Israel conflict with Iran, witnessed strong buying in Tuesday’s session, largely driven by a drop in the US dollar…
SEBI proposes simpler nomination rules for demat and mutual fund accounts
The Securities and Exchange Board of India (SEBI) on Tuesday proposed changes to simplify nomination norms for demat accounts and mutual fund folios, aiming to reduce onboarding friction and improve…
Indian Navy steps up vigil to escort oil tankers, unlikely to join US coalition
With the second LPG tanker Nanda Devi docking at a Gujarat port early on Tuesday after transiting the Strait of Hormuz, the Indian Navy has stepped up efforts to secure…
As sugar mills are yet to clear ₹5,000 cr cane dues to farmers, ISMA seeks revision in minimum selling price
As high as ₹4,898 crore is yet to paid by sugar mills in Maharashtra to the sugarcane farmers as of February 28 in current season, which necessitates a revision in…
Wall Street climbs, led by financial stocks amid Middle East war
Major US stock indices rose on Tuesday, led by financial stocks, while market participants weighed the impact of the Middle East war on global fuel prices. Although crude oil values…
Sai Parenteral’s IPO to open on March 24; to raise ₹285 crore via fresh issue
Sai Parenteral’s (SPL), a diversified pharmaceutical formulation company, has filed its Red Herring Prospectus (RHP) with SEBI for its proposed initial public offering (IPO). The IPO comprises a fresh issue…
US stock market today: Dow, S&P 500 futures slip as Brent crude oil prices rebound to $105
The is likely to open lower in Tuesday’s trading session, March 17, as futures of the three key averages—the S&P 500, Dow Jones Industrial Average, and Nasdaq Composite—are trading lower…
CEAT’s ₹1,300-cr Chennai plant expansion takes cumulative investment to ₹4,800 crore
Tyre maker CEAT Ltd plans to invest a fresh ₹1,300 crore to expand passenger car radial (PCR) tyre capacity at its Chennai manufacturing facility, taking the cumulative investment at the…