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HDB Financial Services Ltd. is close to securing the go-ahead from India’s securities regulator for its initial public offering, according to people familiar with the plan, which would allow the shadow lender to launch one of the country’s biggest listings this year. The Securities and Exchange Board of India’s approval is set to be made…
Kanodia Cement Limited, one of India’s fastest-growing cement manufacturers, has taken a significant step towards entering the public markets. The company has filed its Draft Red Herring Prospectus (DRHP) with the Securities and Exchange Board of India (Sebi) for its proposed Initial Public Offering (IPO). According to the regulatory filing dated May 23, 2025, the…
The process of listing of two subsidiaries of Coal India Ltd – BCCL and CMPDI – has begun, and draft papers would be filed soon with Sebi, the company on Monday said. Speaking to reporters on the sidelines of CII Mining and Construction Equipment Summit, Coal India Ltd (CIL) Director Business Development Debasish Nanda said,…
The regulator may also look to modify the market-wide position limit (MWPL) across exchanges and link it to delivery volumes of stocks to prevent manipulation and cornering of stocks by any entity, the people cited above said on the condition of anonymity. MWPL refers to the total number of stock options and futures contracts one…
Alphabet share price fell sharply on Wednesday, tumbling over 7% following reports that Apple Inc. is planning to integrate AI-powered search options into its Safari browser. Google-parent Alphabet shares closed 7.51% lower at $152.80, wiping out approximately $150 billion in market capitalization. The development marks a significant setback for Google, whose core advertising business heavily…
Yet amid the selloff, contrarian investors are spotting opportunities. There are plenty of reasons for optimism. Global IT spending is projected to rise 9.3% in 2025, driven by double-digit growth in software and data center segments, according to Deloitte. The rapid adoption of artificial intelligence (AI) technologies across industries is further boosting demand for cloud…
Mahindra & Mahindra (M&M) announced on Saturday, April 26, that it has entered into an agreement to acquire a 58.96 per cent stake in SML Isuzu Ltd. at ₹650 per share, which is an outlay of ₹555 crore. M&M said it will make an open offer following SEBI takeover regulations. As part of the transaction,…
Supply Lines is a daily newsletter that tracks global trade. . Treasury Secretary Scott Bessent said that President Donald Trump hasn’t offered to take down US tariffs on China on a unilateral basis. Asked if there was no unilateral offer from the president to de-escalate, Bessent said “not at all.” He was answering reporters’ questions Wednesday…
The Upcoming IPO: As the Indian stock market regained lost ground, the first mainboard public offer for the financial year 2025-26 (FY26) by EV maker Ather Energy is set to hit Dalal Street next week. According to the company’s red herring prospectus (RHP) filed with market regulator SEBI, the initial public offering (IPO) of Ather…
Investment word of the day: Employee stock ownership plans or employee stock option plans (ESOPs) are incentives beyond salaries, and the allotment of shares gives employees a sense of ownership in the company. The incentive aims to promote employee retention and encourage performance. Employees can benefit from selling shares or earning dividends based on company…