The crypto sector’s market value hit $4 trillion on Friday, according to CoinGecko, marking a milestone that reflects its shift from a nascent asset class to a central part of the global investment landscape. A wave of renewed optimism, regulatory clarity in key markets and rising institutional flows have catapulted the crypto sector to a … Read more
Jaipur-based SK Finance Ltd, a non-banking financial company has reported 27% rise in its loan book to Rs 13,261 crore for FY25, compared to Rs 10,476 crore in the previous year. Despite weathering industry headwinds in FY25, SK Finance stayed resilient, delivering an impressive performance backed by robust demand and focused expansion, according to company’s … Read more
For most retail investors, the word “equity” instinctively signals higher returns, and higher risk. It is commonly assumed that increasing the equity allocation in a portfolio proportionally increases its volatility. However, as counterintuitive as it may sound, this belief doesn’t always hold true. Empirical data demonstrates that equity, when added judiciously to a debt-heavy portfolio, … Read more
Smartworks Coworking Spaces has raised Rs 173.64 crore from anchor investors ahead of its initial public offer (IPO). In a regulatory filing on Wednesday, Smartworks finalised the allocation of 42,66,378 equity shares to anchor investors at Rs 407 per equity share. Out of the total allocation of 42,66,378 shares to the anchor Investors, 32.04 per … Read more
Shadowfax Technologies has filed a confidential draft red herring prospectus with the Securities and Exchange Board of India (Sebi) for an initial public offering. As per sources, the IPO size is expected to be in the range of Rs 2,000 – Rs 2,500 crore, comprising a mix of fresh issue and offer for sale (OFS) … Read more
Markets snapped their five-week-long consolidation trend, driven by improving global cues, easing geopolitical concerns, and a renewed uptick in foreign institutional investor (FII) buying during the latter half of the week. After a tentative start, sentiment improved midweek, leading to broader market participation. The easing of tensions between Iran and Israel helped revive global risk … Read more
Realty developer Kalpataru has raised over Rs 708 crore from nine anchor investors including GIC Singapore, Bain Capital’s GSS Opportunities Investment, SBI Mutual Fund, ICICI Prudential Mutual Fund, SBI General Insurance, Aditya Birla Sun Life, and 360 ONE WAM. A total of over 1.71 crore shares have been allotted to these nine anchor investors at … Read more
Private equity firm True North and Niva Bupa Health Insurance chief Krishnan Ramachandran divested a combined 10 per cent stake in the health insurer for Rs 1,507 crore through open market transactions. Mumbai-based True North, through its special purpose vehicle Fettle Tone LLP, sold a total of 17.29 crore shares or 9.46 per cent stake … Read more
Capital markets regulator Sebi has introduced a comprehensive set of reforms to strengthen risk monitoring and make the equity derivatives market safer and more transparent for investors. This comes amid rising retail participation, surging expiry-day volumes, and the growing complexity of index options. “Derivatives market enables efficient price discovery, improves market liquidity and permits investors … Read more
Fortis Healthcare Ltd on Tuesday reported a 7.44 per cent decline in consolidated net profit at Rs 188.02 crore in the fourth quarter ended March 2025 impacted by impairment on investment in an associate firm, property, plant and equipment, besides higher expenses. The company had posted a consolidated net profit of Rs 203.14 crore in … Read more