State-owned Bank of India (BoI) on Wednesday said it has raised Basel III-compliant Tier II bonds of Rs 2,500 crore to fund business growth.Read More

Markets regulator Sebi on Wednesday eased the re-KYC process for Non-Resident Indians (NRIs) by removing the requirement for them to be physically present in India during digital verification.Read More

Seven BSE 500 stocks, including Inox Wind, Dixon Technologies, Piramal Pharma and Blue Dart, hit fresh 52-week lows as the Sensex fell 275 points. All saw sharp one-month declines ranging from 8% to 20% amid broader market weakness.Read More

Adani Enterprises’ Rs 25,000 crore rights issue closed with strong demand, ending at 108% subscription. The public portion was even stronger at 130% subscribed. Priced at Rs 1,800 per share, the issue will help the company reduce debt and fund capex across airports, data centres, green hydrogen and other growth businesses.Read More

The U.S. Federal Reserve is expected to cut interest rates on Wednesday as policymakers grapple with gaps in economic data caused by the recent government shutdown and work through competing views about the risks facing the economy.Read More

SBI Mutual Fund, the biggest fund house, has initiated the process for the appointment of merchant bankers and other service providers to facilitate an initial public offering (IPO).Read More

Brookfield India Real Estate Trust has raised Rs 3,500 crore by selling units to investors and will use this amount to fund the acquisition of a property in Bengaluru.Read More

Vikas Khemani warns that nearly 80% of upcoming IPOs are poor-quality businesses, saying only a handful are worth investor attention. With India’s IPO pipeline touching $20 billion annually, he cautions that supply is outpacing fundamentals, valuations are stretched, and investors must be far more selective amid shrinking listing gains.Read More

Howard Marks says AI may be a transformational “inflection bubble,” urging investors to avoid going all-in or all-out. He highlights soaring valuations, circular financing, rising leverage, speculative behaviour and past bubble patterns, advising moderation, prudence and selective exposure amid massive uncertainty.Read More

Park Medi World’s IPO, valuing the hospital chain at Rs 920 crore, saw a 39% subscription on Day 1. Trading at a grey market premium of Rs 21-22, the IPO is seeing decent in the grey market as well. Proceeds from the IPO will be to fund debt repayment, hospital expansion, and acquisitions. Analysts broadly...Read More