Tata Capital is launching India’s largest financial-sector IPO on October 6, aiming for a valuation of around $18 billion. The Rs 17,200 crore issue includes a fresh share sale and OFS by Tata Sons and IFC. Proceeds will bolster Tier-1 capital, fulfilling RBI’s listing mandate. Strong FY25 profits and wide retail presence support the investment case, while unlisted shares trade 33% below last year’s peak.
Jensen Huang’s Nvidia exit raises fears over the future of AI financing
Nvidia CEO Jensen Huang’s reported departure rattled global markets, triggering concerns over the chipmaker’s leadership, AI investments and data-centre financing strategy. Nvidia shares tumbled, while