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CMR Green Technologies IPO Day 3: Issue booked over 127 times on strong QIB demand; 40% GMP signals strong listing premium
CMR Green Technologies’ IPO saw a strong subscription of 127 times, with QIBs leading the demand. The issue, an offer-for-sale, garnered a grey market premium
India takes big moves to attract foreign investments in bonds: How will this impact stock market?
India has unveiled significant measures to attract foreign investment, including tax exemptions on government securities and increased investment limits for overseas investors in equities. These
GQG trims Adani exposure in Rs 5,750 crore block deal, sell shares in two group stocks
GQG Partners sold stakes in Adani Enterprises and Adani Energy Solutions worth about Rs 5,750 crore through block deals, with SBI Mutual Fund acquiring the
Oyo parent Prism Hotels receives Sebi nod for IPO
Prism Hotels, Oyo’s parent, received Sebi approval for a Rs 6,650 crore IPO. Targeting a $7–8 billion valuation, the firm will use funds for expansion
Quant Smallcap among 16 equity mutual funds that multiply lumpsum investments by over 2.3x in 5 years
Around 16 equity mutual funds delivered impressive returns over the last five years. These funds multiplied investors’ lumpsum investments by over 2.3 times. Motilal Oswal
Tata Steel shares fall 3% after fire breaks out at UK’s Port Talbot plant
Tata Steel shares dropped nearly 3% after a fire at its Port Talbot plant in the UK forced a temporary halt to operations. While emergency