Sunshine Pictures, led by Vipul Amrutlal Shah, plans to raise around ₹500 crore through an IPO. The funds will help the production house scale up amidst a tough environment in the Hindi film industry. The company intends to file a draft red herring prospectus soon.
Tariff shock turns FIIs to sellers in April. Analysts flag global risk but back India’s fundamentals
Foreign institutional investors reversed course in early April, spurred by rising global trade tensions following US President Trump’s announcement of steep tariffs. This led to