EAAA India Alternatives to float Rs 1,200-cr IPO on Oct 26
EAAA India Alternatives Ltd will open its initial public offering worth Rs 1,200 crore on October 26. The IPO will close for subscription on October 28, following anchor investor bidding on October 23. This offering is entirely an offer for sale from the Edelweiss Group with no fresh issue component. Additionally, SEC Environmental Technologies Ltd […]
Yen jumps after JGB auction draws big demand, euro finds relief
The yen experienced a notable rise against the dollar, driven by unprecedented demand for long-term Japanese government bonds. In France, curfews were enacted in response to widespread anti-government protests, which pose challenges for President Emmanuel Macron’s administration. Meanwhile, the euro gained momentum alongside a rise in European bond futures amid persistent political uncertainties in France […]
Japan’s 20-year bond yield falls sharply after strongest auction on record
Japan’s 20-year government bond yield saw a notable decline following a record demand from its recent auction. This drop marked the lowest yield since early September, driven by investor confidence in the Bank of Japan’s interest rate stability. The strong auction signals a cautious sentiment among investors, influenced by recent global developments. Other bond yields […]
Jio IPO vs Airtel shares: Which telecom giant offers greater valuation comfort to investors?
The Rs 30,213-crore public offering comprises an entirely fresh issue of 27 crore shares. If completed as planned, it will become India’s largest-ever initial public offering (IPO), surpassing Hyundai Motor India’s record set in 2024.
Tonbo Imaging’s Rs 852 crore IPO subscribed 140x. Check GMP, allotment, other details
The issue received bids for 1,15,86,91,464 shares against 85,26,033 shares on offer. Qualified institutional buyers led the demand, subscribing to their allotted portion 293.56 times. The non-institutional investor category was subscribed 170.94 times, while the retail portion saw 31.06 times subscription.
From ₹228 a GB to ₹7.5: How Mukesh Ambani’s Jio rewired India’s internet and is now seeking a ₹10 lakh crore valuation
The company is now asking investors to value it not merely as a telecom operator, but as a broader technology platform spanning 5G, fixed broadband, cloud, entertainment, enterprise services and artificial intelligence.
Warren Buffett warned about stock valuations but Berkshire Hathaway is aggressively purchasing stocks
While Buffett criticised the current market scenario, his firm Berkshire Hathaway has been pumping up its investments. The company under CEO Greg Abel has been increasing its stake in Google-parent Alphabet, making it one of Berkshire’s five largest common stock holdings, led by iPhone maker Apple. Berkshire more than tripled its stake in Alphabet and […]
Global Market: China and Hong Kong shares weaken as stable growth eases stimulus bets
China and Hong Kong stocks weakened on Tuesday, joining a broader retreat in the region, after Beijing kept key lending rates unchanged and stronger GDP data dampened
Paras Healthcare secures Rs 652 cr from anchor investors; IPO to open on Oct 21
According to circulars uploaded on exchanges’ websites, Paras Healthcare has allotted 94,15,584 equity shares to 39 funds at Rs 693 apiece, aggregating to Rs 652.5 crore.
How Peter Lynch turned Fidelity Magellan Fund’s $18 million into $14 billion in 13 years
Peter Lynch is known for his invaluable stock market lessons. The market expert who built one of the best track records in mutual fund history during his stint as Fidelity Magellan fund manager, wrote the popular book ‘One Up on Wall Street’.