Initial price discussion for the offerings are from around 85 basis points over mid-swaps for four-year tranche, to around 190 basis points above for the 29-year securities, the person said, which are likely to tighten throughout the day.
Read More
India’s urban shoppers are showing signs of increased demand, potentially offsetting trade negotiation volatility with the US. Hindustan Unilever anticipates improved demand driven by macroeconomic tailwinds, while Reliance Retail reports a profit jump. These positive indicators suggest a possible end…
Read More
India’s economy remains stable and resilient despite global uncertainties, according to the Finance Ministry’s March review. Key indicators like higher GST collections and E-way bill generation in Q4 FY25 point to steady growth.
Read More
Tax experts say that startup founders can reasonably be expected to verify investor credentials at a basic level, but asking them to furnish personal tax filings or proof of source-of-funds overreaches.
Read More
Canara HSBC Life Insurance has filed its DRHP with SEBI for an IPO comprising 23.75 crore equity shares via offer for sale. Promoted by Canara Bank and HSBC, the insurer ranks high among public-sector-led peers in assets and lives covered.
Read More
Cerebra Integrated Technologies faced a penalty of ₹20 lacs from SEBI for financial misstatements, leading to an appeal before the Securities Appellate Tribunal (SAT), Mumbai. The SAT stayed the recovery of the penalty, contingent upon a 50% deposit.
Read More