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.
Global Market Today: Asian stocks fall on Korean chip selloff, oil dips
Asian markets tumbled as chipmaker stocks experienced a sharp decline, sparking fears the AI rally might have overheated. Concerns also surfaced over Apple’s potential chip