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Madhusudan Kela-backed fund buys stake in IPO-bound Steamhouse India for Rs 40 croreAce investor Madhusudan Kela's funds, along with Niveshaay Sambhav Fund, have injected Rs 49.99 crore into Steamhouse India via a pre-IPO p...
IRFC OFS subscribed over 1.5x by institutional investors; govt to exercise greenshoe optionThe government’s offer for sale in IRFC received a strong response from institutional investors, with the non-retail portion subscribed 1.8...
Quote of the Day by Mark Twain: 'Whenever you find yourself on the side of the majority, it is time to pause and reflect' — A timeless lesson on independent thinking and the dangers of blindly following the crowdMark Twain, the renowned American author, masterfully used humor and satire to critique society and champion independent thought. His timel...
Mega IPO wave set to sweep Dalal Street as July listings gather paceIndia's IPO market is poised for a strong comeback in July, with over a dozen companies planning to raise approximately ₹45,000 crore. Majo...
Savannah Guthrie's emotional on-air plea as new ransom note details emerge in mother Nancy Guthrie's case- here's what the TODAY cohost saidSavannah Guthrie became emotional on Today, pleading for help in finding her mother, Nancy Guthrie, who vanished months ago. New details re...
11,983% profit! HFCL promoter’s Rs 10/share Jio bet may turn into Rs 5,800 crore windfallJio Platforms has formally kicked off its IPO journey by filing its DRHP with SEBI, highlighting the extraordinary wealth creation generate...
Ayodhya Ram temple donation case: SIT submits initial findings to UP governmentA Special Investigation Team probing alleged embezzlement of Ram temple donations in Ayodhya has submitted its preliminary report to the Ut...
SpaceX falls for third day, erases $600 billion in market valueSpaceX shares have seen a significant drop, losing hundreds of billions in value over three days. This decline follows the company's announ...
Young, loss-making startups keep OFS portion lean as investor scrutiny growsNew-age, loss-making startups are prioritising large fresh issue components in their IPOs to fund growth, a shift from the 2021-22 cycle. I...
French Proverb of the Day: 'Don’t aim for success if you want it; just do what you...'- A timeless lesson about passion, perseverance and purposeA timeless French proverb advises against chasing success directly. Instead, it suggests focusing on doing what you love and believe in, as...
US stocks: Vimeo owner Bending Spoons seeks $1.62 billion US IPO, sources sayItalian tech firm Bending Spoons is gearing up for a significant U.S. IPO, aiming to raise up to $1.62 billion. This move, potentially one ...
India records over 5 lakh organ donation pledges: Union health ministryThe achievement underscores the increasing public recognition of organ donation as a profound act of humanity that offers hope and a second...
European shares muted as investors weigh U.S.-Iran talksEuropean markets showed little movement as investors weighed U.S.-Iran talks for progress on Strait of Hormuz shipping. Brent crude dipped ...
Jio IPO: Meta, Google among 10 global investors that backed billionaire Mukesh Ambani’s digital giantWhile Reliance Industries remains firmly in control with a 66.43% stake, the shareholder register reads like a who's who of global technolo...
Reliance unveils India's biggest IPO plan as Jio Platforms files DRHPJio Platforms, Reliance Industries' digital arm, has filed for India's largest-ever public issue, aiming to raise a record $4 billion. This...
Smallcap stock jumps 24% in a week as NSE stake could be valued at Rs 850 croreMaithan Alloys shares saw a significant jump on Thursday. This rally follows the filing of the National Stock Exchange's draft prospectus f...
US Stock Market: ETF issuers rush to capitalise on AI-focused ‘MANGOS’ theme after SpaceX IPOTwo asset managers are seeking regulatory approval for new ETFs tied to the "MANGOS" acronym, a basket of leading AI-focused companies incl...