Companies such as Meesho, ICICI Prudential AMC, Corona Remedies and Bharat Coking Coal are among those facing significant unlock events, with between 49% and 70% of their equity becoming eligible for sale.
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Indian banks face a new era of resilience. RBI Deputy Governor Swaminathan J highlighted the need to manage complex uncertainties from geopolitics, climate change, and AI. This shift moves beyond balance sheet stress. Banks must adapt to unpredictable risks. The…
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IIFL Finance successfully raised $500 million through international dollar bonds, marking the first such issuance from India since January. Priced at 7.6%, the 3.25-year bond attracted significant investor interest despite geopolitical volatilities. Proceeds will fund lending to economically weaker sections,…
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Gold prices dipped on Wednesday, pressured by a strengthening dollar and escalating oil prices amidst renewed Middle East conflict. Hopes for a quick U.S.-Iran resolution have faded, impacting diplomatic progress. Analysts suggest this geopolitical tension, coupled with inflation risks and…
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The appointment comes at a time when Acko is preparing for an initial public offering(IPO). In April, ET reported that the Bengaluru-based company had confidentially filed draft papers for an IPO, which is expected to raise around $250 million.
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Indian stock markets closed lower on Wednesday. Investor sentiment faced pressure from US tariff concerns and global tensions. The Nifty 50 and BSE Sensex saw declines. Banking stocks led a recovery from day’s lows. Investors await RBI policy and GDP…
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