Jio Platforms has appointed 17 investment banks, including global giants, to manage its upcoming IPO, signaling the formal start of preparations for what could be India’s largest-ever listing. This move follows regulatory clarity on minimum public shareholding norms, allowing companies…
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Goldman Sachs has cut India’s growth forecast by 50 basis points due to the West Asia conflict, which uniquely impacts India’s exports, energy imports, and remittances simultaneously. The firm anticipates the rupee could weaken to 95 against the dollar within…
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The Sensex advanced 862 points to 76,926.55, while the Nifty 50 rose over 247 points to 23,828. The rally added around Rs 7 lakh crore to the total markcapitalisation of BSE-listed companies, taking it to more than Rs 440 lakh…
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India’s semiconductor market is set for massive growth, reaching USD 300 billion by 2035. Local production will soon meet over 60% of demand. This expansion is driven by AI, automotive, and data centres. The sector is attracting significant investment and…
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India’s aviation regulator has mandated airlines to offer at least 60% of seats free of charge and ensure passengers on the same booking are seated together. This directive aims to enhance fair access and address consumer grievances regarding unbundled fares…
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Sebi has imposed penalties totaling Rs 2.8 crore on 18 entities. These entities are barred from securities markets for up to five years. They manipulated the share prices of Retro Green Revolution Ltd. Sebi also directed 15 entities to disgorge…
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