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Wipro announces 1:1 bonus issue; share surges 4% on the back of strong Q2 results
Yesterday, the company posted a solid 21.2% YoY rise in its consolidated net profits, which stood a…
Lower money creation by RBI, substantial rise in banks profits behind decline in loan-to-deposits ratios in banks: Nomura
One of the contributors to the decline in systemic LDR is the lower net money creation by the RBI o…
ANI
India is likely to benefit if Trump wins US elections, per Nomura Global Research
"We see India as a relative beneficiary, due to its domestic demand-driven growth model and benefit…
ANI
Qatar Investment Authority unit, SBI funds, Citigroup biggest buyers in Adani Energy's USD 1 billion QIP
The Rs 8,373.10 crore (USD 1 billion) qualified institutional placement (QIP) of Adani Energy Solut…
PTI
The US economy could be on the precipice of triggering a 'vicious feedback loop,' Nomura analysts say
The US unemployment rate has risen sharply while markets are jittery after stocks saw their worst l…
Huileng Tan
Hyundai IPO listing: India's biggest ever IPO lists lower than issue price, brokerages issue buy rating
With a market cap of Rs 1,51,376.41 crore, Hyundai Motors India had opened for subscription between…
Medi Assist Healthcare closes debut day with 11% listing gains
Medi Assist Healthcare debuted on the stock exchanges at a 11.2% premium on Tuesday. The grey marke…
Medi Assist Healthcare IPO subscribed 54% on day 1
As much as 54% of insurance tech company Medi Assist’s initial public offer (IPO) was subscribed by…
Election euphoria to guide Dalal Street ahead of soft Q2 earnings
India Inc might see a softer earnings season ahead in the second quarter, with vagaries like uneven…
Government extends free food-grains programme for 5 years, raises medium-term risks
The government has decided to extend its free foodgrains programme for another five-years. Under th…
What if Kotak Mahindra Bank acquires IDBI Bank, asks Nomura
Life Insurance Corporation of India along with the government are looking to divest 60.72% in IDBI …
Aadhar Housing Finance sets IPO price band at ₹300-315 per share
This will be the third maiden public issue opening next week after TBO Tek and Indegene. …
PTI
Shapoorji Pallonji’s Afcons Infra files DRHP for ₹7,000 crore IPO
Shapoorji Pallonji group’s construction company, Afcons Infrastructure, filed a DRHP with the marke…
Markets are starting to acknowledge the Fed is on track for a hard landing, Nomura strategist says
Yesterday's inflation report has killed expectations for a soft-landing of the US economy, accordin…
Jennifer Sor
Expect a 'procession of recessions' across many of the world's major economies within the next year, Nomura says
There are "increasing signs that the world economy is entering a synchronized growth slowdown," ana…
Zahra Tayeb
Beijing is making moves to restore confidence in its battered stock markets, but there might be another big problem just ahead
Analysts' earnings estimates for companies represented by the MSCI China Index members are down nea…
Huileng Tan
Sebi puts Manappuram Finance's arm Asirvad Micro Finance IPO on hold
Capital markets regulator Sebi has kept in "abeyance" the proposed Rs 1,500 crore Initial Public Of…
PTI
Jyoti CNC Automation IPO subscribed 3.9x on day 2
The ₹1,000 crore initial public offer (IPO) of Jyoti CNC Automation was subscribed 2.5 times the sh…