Axis International Ltd said it has initiated an arbitration at the World Bank, seeking USD 28.9 billion in compensation against the Republic of Guinea. The compensation was sought after Guinea…
Category: Market
SEBI sets January 2027 deadline for AIF compliance certification
Markets regulator SEBI on Tuesday mandated that compliance officers of managers of alternative investment funds must obtain a certification from the National Institute of Securities Markets (NISM). In a circular,…
Ambit GPC closes Rs 1,000 crore Poonawalla Vision Fund I after oversubscription
Ambit Global Private Client (GPC) on Tuesday announced a Rs 1,000 crore close for the Poonawalla Vision Fund I after being roped in by the family engaged in vaccine manufacturing.…
FMCG distributors urge SEBI to pause IPOs of loss-making quick-commerce firms
Fast-moving consumer goods distributors’ body AICPDF has urged the market regulator SEBI to pause the Initial Public Offerings (IPO) of loss-making quick-commerce companies. In a representation, the All India Consumer…
E2E Transportation IPO oversubscribed 490 times on final day
E to E Transportation Infrastructure Ltd’s ₹84.22 crore public issue closed on December 30, with overwhelming demand across all investor categories. The rail engineering and system integration company’s IPO was…
Markets at a crossroads: What 2026 holds for Indian equities
After a year of consolidation and correction, Indian markets are entering 2026 with cautious optimism. Pranav Haridasan, Managing Director and CEO of Axis Securities, discusses the road ahead — from…
Timex Group promoter’s offer-for-sale gets strong response
The offer-for-sale by Timex Group Luxury Watches BV, Netherlands, promoter of Timex Group Company, has received a strong response both from institutional and retail investors. Under the OFS, the promoter…
India’s crude oil imports from Russia to decline sharply in December
India’s imports from are expected to decline by 35-40 per cent month-on-month in December after shipments rose to a monthly record in November, with refiners topping up supplies before the…
‘Next gold’ copper poised to rule higher in 2026 on slack supplies, higher demand
Copper, which soared to a record high of nearly $13,000 a tonne last week on the London Metal Exchange (LME), will likely rule higher in 2026 due to slack supplies…
Rubber Board bets on technology initiatives to cut costs, boost output
In a bid to improve profitability and sustainability in the natural rubber sector, the Rubber Board has rolled out a series of technology-driven and market-focused initiatives aimed at reducing production…