Asian shares surged to near record highs, outperforming the S&P 500 as investors shifted focus beyond US markets due to cheaper valuations and unpredictable US foreign policy. Concerns over the Federal Reserve’s independence and upcoming US inflation data present key risks this week.Read More
Markets closed positively despite volatility, with IT majors TCS and HCL Tech reporting profit declines in their December quarter results. Ola Electric launched its first battery energy storage system, Shakti, while Indian Hotels secured trademark registration for the ‘Taj’ sonic sound. L&T will fully acquire L&T Sapura Shipping, and Reliance Industries confirmed its battery storage...Read More
Amagi Media Labs has secured Rs 805 crore from anchor investors before its upcoming IPO. India’s top mutual funds led the anchor book. The IPO, opening on January 13, is a significant listing for the deep-tech and SaaS sector. It aims to raise Rs 1,789 crore for technology investments and growth.Read More
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