Shilpa Rangarajan

Manipal Health IPO subscribed 4.92 times on final day, QIBs drive demand

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

33% finfluencers recommend stocks but only 6% are Sebi registered: Report

The report notes that a significant proportion of the 48 prominent Indian finfluencers analysed continue to fall short of disclosure and transparency standards

Markets fall for fourth session as higher crude prices, FPI selling weigh

Benchmark indices extended losses as rising crude oil prices and sustained foreign portfolio investor selling offset domestic institutional buying and weighed on sentiment

Govt says no proposal under consideration to remove LTCG tax on equities

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

SBI Funds Management IPO subscribed 41.6 times as QIBs drive bidding surge

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

Newly listed firms ride small, midcap rally despite West Asia war

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

Nearly 210 newage firms ready for public markets in next two years: Redseer

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 accounts surge by 2.6 million in June, the most since February

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 unveils GIFT City's first physical gold investment fund

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

WWI partners invideo to launch AI lab as demand grows for AI-trained talent

The collaboration aims to equip filmmaking students with practical AI skills as the media and entertainment industry increasingly adopts artificial intelligence tools

Urban middle-class demand under stress, consumption story intact

Nestle India's Manish Tiwary said inflation and muted wage growth are weighing on urban discretionary spending, though premium and rural demand remain resilient