The National Stock Exchange has invited 15 investment bankers to pitch for managing its upcoming IPO, with JPMorgan Chase and Kotak Mahindra Capital among those in contention. The exchange is expected to file its draft red herring prospectus in April, with existing shareholders likely to offload 4-4.5% of equity. This move follows SEBI’s no-objection certificate, ending a decade-long regulatory hurdle.
Wall Street Week Ahead: AI disruption hangs over US markets as investors wary of risks
Artificial intelligence is creating uncertainty for the US stock market. Investors are watching closely for how this technology will change businesses. Key economic reports and