Sarmeeli Mallick is a senior journalist with nearly a decade of experience in digital journalism. With a master’s degree in Journalism and Mass Communication from Utkal University, Bhubaneswar, she has a proven track record of impactful reporting, having filed over 19,000 news stories since beginning her career in May 2016. Her diverse background, rooted in…
Dr Reddy’s Laboratories’ growth outlook from its semaglutide opportunity remains largely intact, provided the company resolves its recently disclosed supply issues within the next month, according to Vishal Manchanda, Pharma Analyst at Systematix Group. “If they kind of get this done in the next one month, that should not meaningfully impact expectations that people have…
SBI Funds Management IPO: The IPO, priced in the range of Rs 545-574 per share, is entirely an OFS involving a 10% stake sale, valuing the issue at nearly Rs 11,792 crore. SBI Funds Management IPO: India’s largest asset manager, SBI Funds Management Ltd (SBIFM), is heading to the public markets with an Rs 11,792-crore…
The Punjab and Haryana High Court has restrained Oberoi Realty from making any fresh allotments or creating third-party rights in its ‘Oberoi 360 North’ residential project in Gurugram until the Haryana Department of Town and Country Planning (DTCP) decides a pending complaint challenging the validity of the project’s licence. The complaint alleges violations of foreign…
Christy Mathai, Fund Manager at Quantum AMC, says most companies’ input cost pressures will show up in quarter two rather than quarter one, as firms are still using cheaper stockpiled materials to protect margins. He expects a broader earnings recovery from the second half of the year, provided tensions in West Asia don’t escalate further….
IPO 2026: The primary market has struggled to replicate last year’s momentum in the first half of 2026, with investor appetite for initial public offerings (IPOs) remaining significantly weaker than the robust demand seen in 2025. Although more companies made their stock market debut during the January-June period compared with the same period last year,…
Demand for SK Hynix’s $28 billion US share sale was more than seven times the available shares, a person familiar with the matter said, underscoring huge investor appetite for one of the most important companies in the AI supply chain. The offering from the South Korean chipmaker, which will finance new factories and equipment to…
India’s primary market is expected to raise $20 billion through initial public offerings (IPOs) in 2026, with large listings such as SBI Mutual Fund, NSE and Jio expected to lead fundraising in the coming months, according to Bhavesh Shah, Managing Director and Head of Investment Banking at Equirus Capital. He said recent geopolitical developments are…
TCS Q1 Results Live Updates: Tata Group giant and India’s largest IT services company, Tata Consultancy Services Ltd. (TCS) is set to report its results after market hours on Thursday, July 9. As per a CNBC-TV18 poll, the company’s US Dollar revenue is seen flat at $7,611 million, compared to $7,621 million in the March…
Shares of Vedanta Aluminium Metal Ltd. are seeing volatile moves on Thursday, July 9, even as brokerage firm Motilal Oswal has initiated coverage on the stock with a positive view. The brokerage initiated coverage with a “buy” rating on the stock and a price target of ₹540 per share, indicating an upside of 20% from…
