Tata Capital is moving forward with its IPO plans, gaining approval to issue 23 crore new shares while allowing some existing shareholders to exit. The listing preparation process began in December, with Kotak Investment Banking leading. Tata Capital Financial Services, designated by the RBI as systemically important, must complete listing within three years.
Don’t fear Tesla; add defence, railways stocks post market correction: Deven Choksey
Deven Choksey highlights strong fundamentals in defence and railways stocks and sees opportunities in specific autos despite Tesla’s market entry concerns. He suggests looking at