Edtech firm Physicswallah is set to raise ₹3,480 crore via IPO to fund expansion, despite a widening net loss. The company, which has aggressively grown its offline centres, saw revenue surge but profitability remain elusive. Investors are eyeing financials closely due to a high valuation in a fragmented market.Read More

In today’s trade, shares of Bajaj Finance, Vodafone Idea, Britannia, Ather Energy, Hero MotoCorp among others will be in focus due to various news developments and second quarter results.Read More

Indian stock markets opened flat this week, boosted by positive Asian market signals. The IT sector played a significant role in this momentum. Analysts anticipate markets will trade within a defined range, influenced by global trends. Strong corporate earnings and progress in India-US trade talks could offer further upward movement.Read More

Financial planners are advising investors to shift from unregulated digital gold platforms to regulated gold ETFs and funds following a Sebi caution. Concerns over counterparty risks and lack of regulatory oversight on digital gold apps, despite their growing popularity and convenience, are prompting this shift.Read More

WestBridge Capital has boosted its stake in Star Health and Allied Insurance with a $12 million investment, even as it navigates regulatory approval for a new general insurance venture, Kiwi. The private equity firm clarified its Star Health investment was disclosed to Irdai during Kiwi’s licensing process, adhering to promoter guidelines.Read More

Asian stocks advanced for a second day as a US government shutdown resolution neared, boosting sentiment across markets. Commodities and cryptocurrencies rallied alongside equities, while Treasuries declined. The reopening is expected to restore crucial economic data, offering clarity on the Federal Reserve’s policy path.Read More

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Wall Street’s main indexes opened higher on Monday, with risk sentiment aided by signs of progress in Washington to end a record U.S. government shutdown that has stalled economic data releases and intensified concerns over the state of the economy.Read More

Dialysis services leader Nephrocare Health Services, operating under NephroPlus, has received Sebi’s approval to launch its IPO, comprising a ₹353.4 crore fresh issue and 1.27 crore shares OFS. Proceeds will fund new dialysis centres, debt repayment, and corporate needs.Read More

Clean Max Enviro Energy Solutions, India’s top C&I renewable energy provider, received Sebi approval for its ₹5,200 crore IPO, comprising ₹1,500 crore fresh issue and ₹3,700 crore OFS. Proceeds will mainly fund debt repayment, expansion, and corporate purposes.Read More