Day

September 27, 2025
Bombay Stock Exchange rejected a company’s share listing. The firm planned to invest heavily in cryptocurrencies. This action highlights India’s regulatory void for digital asset treasury companies. Jetking Infotrain, an IT training firm, faced this rejection. The company considers appealing to the Securities Appellate Tribunal. This decision puts future crypto treasury plans on hold.
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Cloud kitchen startup Curefoods has successfully raised ₹160 crore ($18 million) in a pre-IPO placement from Flipkart cofounder Binny Bansal’s 3State Ventures. This investment values the Bengaluru-based company at ₹4,000 crore ($450 million) as it prepares for an ₹800 crore initial public offering.
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Edtech unicorn Vedantu has raised $11 million through convertible notes, led by ABC World Asia, to drive organic and inorganic expansion, technology, and AI advancements. The company is also negotiating a larger funding round and a secondary sale, targeting a public market listing by 2027.
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Rapid medicine delivery startup Plazza secures $1.4 million funding. All In Capital leads this investment round. Plazza plans to expand its product categories and increase its store footprint in Bengaluru. The company aims to open 20 new stores in the next 12 months. It will also offer healthy snacks and baby care products. This expansion...
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European stocks rebounded Friday, with the STOXX 600 gaining 0.8%, largely driven by financials and industrials. Steel producers surged on reports of potential EU tariffs against Chinese imports. Healthcare stocks ended flat despite new US drug tariffs, as the impact was already priced in. US inflation data eased fears of delayed rate cuts, while InterContinental...
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Shares in Germany’s Daimler Truck and Traton fell on Friday after U.S. President Donald Trump announced tariffs on heavy-duty trucks, adding to trade tensions that have hit the automotive sector hard.
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Suba Hotels raised Rs 21.29 crore from anchor investors including Mukul Agrawal, Sunil Singhania, and Ashish Kacholia ahead of its September 29 IPO, with 19.17 lakh shares allotted at Rs 111 apiece.
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Next week’s U.S. jobs data holds significance for markets. It needs to indicate a cooling labor market. This supports further interest rate cuts. It must not trigger recession concerns. The Federal Reserve plans more rate reductions this year. High stock valuations create market vulnerability. A potential government shutdown also looms.
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US stocks closed higher Friday on expected inflation data, yet posted weekly losses, ending winning streaks for S&P 500 and Nasdaq. Investors are weighing the Federal Reserve’s future rate cuts against a stronger economy and upcoming earnings season. New tariffs and mixed signals from Fed officials added to market uncertainty, with key employment data due...
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Gold surged to new highs on Friday, extending weekly gains, as U.S. inflation data aligned with forecasts, bolstering expectations for Federal Reserve interest rate cuts later this year. Investors now anticipate an 88% chance of an October rate cut.
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