Svatantra Microfin, a non-banking finance company focused on microfinance and affordable housing loans, has filed draft papers with Sebi to raise up to Rs 3,000 crore through an initial public…
Category: Testing
Vedanta Power, Adani, RIL: Why India’s power giants are turning to nuclear
India’s private power sector appears to be entering a new phase of evolution. After building large thermal power portfolios and subsequently investing billions in renewable energy, several leading power producers…
Shiprocket IPO closes today: What are the estimated profits if you subscribe?
The Shiprocket IPO closes today, August 14, giving investors the final chance to subscribe to the Rs 1,617.48 crore issue. The IPO has attracted attention in the grey market, with…
Tata Sons succession gets tangled in SRTT legal dispute. What’s the issue?
The search for a new Tata Sons chairman has begun, but the process has hit a legal hurdle involving one of the Tata Group’s two principal trusts. The Sir Trust…
Tata Sons chairman hunt hits a roadblock. Why Tata Trusts may go to court
N Chandrasekaran’s decision to step down as Tata Sons chairman has set off a succession process at the top of the Tata Group. But even before the group can begin…
Sensex, Nifty open lower as Middle East tensions keep investors cautious
Equity benchmarks opened lower on Friday, extending the subdued trend seen through the week as persistent tensions in the Middle East kept investors cautious. The decline came despite a moderation…
US puts India on watchlist over ‘shadow trade’ network helping China evade tariffs
The US has accused more than 40 countries, including India, of being part of what it called a “shadow trans-shipment network” that helps China avoid high American tariffs. In a…
Sebi plans simpler rules for overseas investors seeking riskier investment products
The Securities and Exchange Board of India (Sebi) is looking to make it easier for financially well-off overseas investors to access some of the country’s higher-risk investment products, reported Reuters.…
Sensex rises 100 points while Nifty slips as IndiGo, NTPC lift market
Benchmark indices ended on a mixed note on Wednesday, with the Sensex gaining more than 100 points while the Nifty 50 closed lower, as buying in select heavyweight stocks and…
India’s first private branded train is here: Meet the ‘Sprite’ Tejas Express
The next time you board the Lucknow-Delhi Tejas Express, the train may have a slightly different name. For around three months, the popular service is set to be called the…