Juniper Green set to file updated IPO document with lower size Renewable power producer Juniper Green Energy is set to file an updated draft offer document for its proposed initial public offering with a downsized sale amount, according to people familiar with the matter. Juniper is planning to raise around Rs 18 billion ($188 million)…
Leading player in the two and three-wheeler segment, TVS Motor Company Ltdon Wednesday (July 8) said it has entered into a strategic partnership with state-run Indian Oil Corporation Ltd to strengthen last-mile LPG cylinder distribution across India through sustainable commercial mobility solutions. Under the partnership, TVS Motor will work with IndianOil’s network of more than…
Aditya Infotech Ltd, which offers video security and surveillance products under the ‘CP Plus’ brand, on Wednesday (July 8) said that Avathon Inc. and SparkCognition India Private Ltd have initiated arbitration proceedings against the company before the International Chamber of Commerce (ICC), New York. “…we, Aditya Infotech Limited (company), hereby intimate that the company has…
US stock index futures tumbled on Wednesday, July 8, while oil prices surged after President Donald Trump said the ceasefire with Iran was “over,” signaling a renewed escalation in West Asia tensions that rattled global markets. Dow Jones Industrial Average (DJIA) futures fell over 500 points, or 1.2%, while S&P 500 futures declined 1%. Tech-heavy…
Fresh tensions between the US and Iran may have shaken investor confidence, but the broader ceasefire framework is unlikely to collapse completely, according to Pramit Pal Chaudhuri, South Asia Practice Head at Eurasia Group. Pal Chaudhuri does not believe the ceasefire has fully collapsed. He said President Trump has declared the agreement dead “about 20…
According to details from its draft prospectus, SBI Funds has appointed nine investment banks to steer the share sale, a lineup that includes Kotak Mahindra Capital Co., Axis Capital Ltd., SBI Capital Markets Ltd., JM Financial Ltd., and HSBC Holdings Plc. Source link
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…
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…
HDFC Bank emerged as the biggest drag. HDFC Bank was the largest contributor to the Nifty 50’s decline on Wednesday. The stock was trading at ₹813.00,…Read More 1/8 Indian equities witnessed a sharp sell-off on Wednesday, July 8, with both the Sensex and the Nifty 50 tumbling over 2% each. The decline marks the second…
Oil marketing companies (OMCs) and gas utility stocks remain well placed even as crude oil prices rebound on renewed tensions in West Asia, according to Probal Sen, Senior Research Analyst-Indian Oil & Gas Sector, Indian Agrichem Sector, Institutional Equities at ICICI Securities. He believes the outlook remains favourable as long as crude prices stay below…
