Logistics platform Shadowfax filed an updated draft red herring prospectus (UDRHP) on Saturday with the Securities and Exchange Board of India (Sebi) for its proposed initial public offering to raise up to ₹2,000 crore.Read More

Pine Labs, an Indian fintech company, has reduced its initial public offering size. Existing investors will sell fewer shares, and the company will raise less new capital. The IPO is scheduled for November 7 to November 11. This move comes as India sees a busy primary market with several other tech firms also planning listings.Read More

The profits of Warren Buffett ‘s company improved 17% thanks to a relatively mild hurricane season and more paper investment gains this year as Berkshire Hathaway prepares for the legendary 95-year-old investor to relinquish the CEO title in January.Read More

Indian markets closed marginally lower, ending a four-week winning streak amid profit-booking and mixed global cues. Key factors influencing the upcoming week include Q2 earnings from major companies, macroeconomic data releases, and global developments. FIIs were net sellers, while DIIs were net buyers on Friday.Read More