Hy-Tech Engineers has filed its draft red herring prospectus (DRHP) with the Securities and Exchange Board of India (SEBI) for its initial public offering (IPO). The offer comprises a fresh issue of equity shares of face value Rs 5 each, aggregating up to Rs 700 crore by the company, and an offer for sale of … Read more
Markets regulator Sebi on Thursday announced the launch of an investors’ awareness campaign on All India Radio (AIR) specifically on frauds related to the securities market taking place through social media platforms. Also, Sebi in collaboration with the Ministry of Panchayati Raj has launched a nationwide training initiative for block-level panchayat representatives to promote financial … Read more
Snapping a five-day rally, gold prices retreated from record high levels and ended Rs 900 lower at Rs 1,02,520 per 10 grams in the national capital on Monday as stockists turned to selling amid easing geopolitical tensions. According to the All India Sarafa Association, the precious metal of 99.9 per cent purity had climbed Rs … Read more
“It is not like earlier when there used to be panic and everything used to get sold. There could be panic for two-three days, but people then put their mind together, think, and come back and they buy what they want to buy, which they would have missed in the past. So, that is a … Read more
“If we look at Mahindra & Mahindra’s example, where they appointed Anisha Shah as CEO from her prior CFO role, it also proves that a transition from CFO to CEO ensures financial discipline while scaling the business. In that sense, I believe PB Balaji is a good choice and could deliver even better results going … Read more
“As for where the tariffs will land, predicting that is very difficult at this point. But it’s a safe assumption that 25% is close to the worst-case outcome, and the final agreement will likely be around that or slightly better,” says Seshadri Sen, Emkay Global Financial Services.Just grappling with how you manage to adjust to … Read more
“This is a space we like quite a lot. There are limited opportunities where you have such clear growth visibility over the next 5 to 10 years. In defence, given India’s historically high level of defence imports—India was the world’s largest importer until Ukraine overtook us recently—there’s a strong government push to indigenise, which provides … Read more
“Regarding tariffs, there have been some agreements, like Japan announcing investments into the US, though eventually they clarify these are company-level decisions. So it’s like kicking the can down the road. But markets seem to have accepted it as business as usual,” says Devina Mehra, Founder & CMD, First Global. It’s indeed an interesting time … Read more
The Nifty traded in a largely range-bound manner through the week, oscillating within a well-defined band and ending the week on a negative note. After a strong opening, the index saw selling pressure at higher levels, remaining under check within a narrow range of 25246–24806 spanning 440 points before settling slightly lower. Meanwhile, the India … Read more
The bears tightened their grip on the markets as Nifty registered its fourth consecutive weekly decline. While the index showed some resilience early in the week, it failed to surpass the previous week’s high of 25,250, triggering a broad-based sell-off in the last two sessions. The weakness intensified on Friday, with the index breaching key … Read more