The healthcare provider's Rs 9,275-crore IPO was subscribed 4.92 times on the final day, with qualified institutional buyers bidding 8.25 times their quota
The report notes that a significant proportion of the 48 prominent Indian finfluencers analysed continue to fall short of disclosure and transparency standards
Benchmark indices extended losses as rising crude oil prices and sustained foreign portfolio investor selling offset domestic institutional buying and weighed on sentiment
The government told the Lok Sabha there is no proposal to abolish the long-term capital gains tax on equities and said tax rates are reviewed during the annual Budget process
The Rs 9,813 crore IPO of India's largest asset management company by QAAUM saw robust institutional demand, with qualified institutional buyers subscribing 140.11 times
Most companies listed since March are trading above their issue price, with the rally in small- and mid-cap stocks helping cushion them from broader market volatility
Redseer projects nearly 210 new-age firms will be ready for IPOs over the next two years, with listed companies' market capitalisation expected to reach $1 trillion by 2030
Demat account additions rose to a four-month high in June as revived IPO activity, easing geopolitical concerns and improving market sentiment attracted more retail investors
Artha Bharat Investment Managers IFSC has launched GIFT City's first physical gold fund, with the scheme tracking international spot gold prices through LBMA-standard bullion
The collaboration aims to equip filmmaking students with practical AI skills as the media and entertainment industry increasingly adopts artificial intelligence tools
Nestle India's Manish Tiwary said inflation and muted wage growth are weighing on urban discretionary spending, though premium and rural demand remain resilient
