Groww plans to launch its ₹7,000-crore Initial Public Offering in early November. The fintech firm, backed by Microsoft CEO Satya Nadella, aims for an $8 billion valuation. The IPO will include a fresh issue and an offer for sale by existing investors. This comes as the stock broking industry faces regulatory pressures.Read More

Housing finance companies in India will soon see lower borrowing costs. The National Housing Bank is offering partial credit enhancement on their bonds. This move aims to make home loans more affordable, especially for those seeking affordable housing. Eligible companies must meet certain asset size and credit rating criteria.Read More

LG Electronics’ IPO saw record investor interest, becoming the most subscribed mainboard issue of 2025. This, along with Tata Capital and WeWork India’s offerings, raised over ₹30,000 crore in a busy primary market week. Analysts attribute the strong appetite to attractive valuations and limited opportunities elsewhere.Read More

Sebi is exploring measures to enhance the derivatives market, including incentivizing longer-term trading and reviewing margin requirements. The regulator is also considering deepening cash markets by improving stock lending and borrowing, and examining suitability frameworks for derivatives participants. These initiatives aim to foster a more robust and accessible market.Read More

Indian stock markets, Nifty and Sensex, saw a rebound on Thursday. Gains in IT, metal, and pharma sectors boosted the indices. Nifty closed higher, while Sensex saw a slight dip. Experts suggest a positive outlook with potential for further rallies if key resistance levels are breached. The Rupee traded near its all-time low against the...Read More

Sammaan Capital, formerly Indiabulls Housing Finance, has successfully raised $450 million through a five-year dollar bond. This marks their first international issuance after a significant investment from Abu Dhabi’s International Holding Company. The bond was issued at a coupon of 7.50%. Investor demand was robust, with the issue being oversubscribed more than three times.Read More

Tata Consultancy Services is investing heavily in artificial intelligence and data centres. This move aims to build new capabilities for global companies. The company plans to create 1 gigawatt of data centre capacity. This initiative is a strategic response to slowing revenue growth. TCS is also acquiring ListEngage to boost its Salesforce platform.Read More

Canara HSBC Life Insurance is set to raise ₹2,518 crore via an offer for sale, reducing promoter stake to 62%. Despite a lower Value of New Business margin due to high operating expenses, the company’s discounted valuation makes it an attractive prospect for long-term investors eyeing the insurance sector. Its embedded value has seen significant...Read More

Asian equities opened lower, mirroring a pause in US stock rallies amid concerns over stretched valuations. While South Korea’s Samsung Electronics surged, other markets saw declines. Investors are reassessing gains spurred by AI-linked tech stocks, with some analysts suggesting a potential bubble, though others point to sustained earnings power.Read More

Indian stock markets saw a rebound on Thursday. Key companies like TCS, Tata Elxsi, Sammaan Capital, Waaree Renewable, and Signature Global are under the spotlight today. TCS reported its Q2 profit, while Tata Elxsi announced its results. Sammaan Capital is subject to an open offer. Waaree Renewable will announce its September quarter earnings.Read More