Sify Infinit Spaces, part of Sify Group, has filed draft papers with Sebi for India’s first data center IPO worth ₹3,700 crore. Proceeds will fund expansions in Chennai and Navi Mumbai, debt repayment, and general corporate purposes.
Why FIIs are dumping bluechips to hunt small & midcaps
Foreign institutional investors are shifting their focus from India’s top blue-chip stocks to a wider array of mid- and small-cap companies. This strategic repositioning is