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Engineering services firm Neilsoft Ltd, backed by Japan’s Fujita Corporation, has refiled its Draft Red Herring Prospectus (DRHP) with capital markets regulator Sebi to raise funds through an initial public offering (IPO). The IPO includes a fresh issue of shares worth up to ₹90 crore and an offer-for-sale (OFS) of up to 8 million equity…
The US Securities and Exchange Commission will hold a roundtable next month to discuss executive compensation disclosure rules, which Chair Paul Atkins said have grown “increasingly complex and lengthy.” “It is less clear if the increased complexity and length have provided investors with additional information that is material to their investment and voting decisions,” Atkins…
The shares of private lender IndusInd Bank slumped nearly 6% in intraday trade on Friday after it flagged fresh accounting errors following an internal audit of its microfinance business.
The Securities and Exchange Board of India (Sebi) on Wednesday froze the promoter shareholding of jewellery firm Varyaa Creations Ltd (VCL) and barred the company from accessing the capital markets after it allegedly found large-scale diversion of initial public offering (IPO) proceeds on the day of listing. The promoters of Varyaa are Pooja Vineet Naheta,…
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(This story has been refiled to say ‘unwinding,’ instead of ‘winding,’ in paragraph 4) NEW YORK (Reuters) -The U.S. dollar weakened against major currencies, including the yen and the euro, on Monday as markets weighed continued uncertainty from President Donald Trump’s tariff policies and their impact on the economy. The greenback slid to a fresh…
Elon Musk’s xAI Holdings is in talks with investors to raise around $20 billion in a deal that would value the company at more than $120 billion, according to sources cited by Bloomberg. If the deal goes through, it would be the second largest funding round of all time, behind only OpenAI’s $40 billion financing…
Stock market today: Shares of renewable energy firm Suzlon Energy hogged the limelight in trade on Wednesday, April 23, after it bagged a new mega order of 378 MW from NTPC Green Energy, consolidating its partnership with the company. “Furthering its strategic focus on building long‐term, high‐impact partnerships, Suzlon has just consolidated its largest partnership…
Poonawalla Fincorp share price surged as much as 2.47 per cent in Tuesday’s trading session after the company announced the launch of its Consumer Durables Loans business. (This is a developing story) Disclaimer: This story is for educational purposes only. The views and recommendations above are those of individual analysts or broking companies, not Mint….
Gold prices in India and globally surged to fresh lifetime highs on Thursday, April 17, as renewed geopolitical tensions, fears of stagflation, and a weakening US dollar spurred strong safe-haven buying. Amid escalating trade conflicts between the United States and China, investors rushed toward gold to shield themselves from growing macroeconomic uncertainty. The spike also…