Jefferies strategist Chris Wood warns that the AI infrastructure boom could trigger massive capital destruction as cheaper Chinese open-source models challenge US dominance. With hyperscalers set to spend nearly $1.6 trillion over two years, investors are increasingly questioning whether returns will justify the unprecedented capex and rising debt.Read More

Silverstorm Parks’ initial public offering opened for bidding on Friday, aiming to raise Rs 82 crore. The company set a price band of Rs 123-133 per share for its public issue. Funds will support a new Snow Park and Family Entertainment Centre in Lucknow. Proceeds will also finance expansion and upgrades at its Kerala theme...Read More

State Bank of India plans to issue perpetual bonds soon. The bank aims to raise fifty billion rupees within two weeks. This issuance will be Basel III-compliant with a five-year call option. The country’s largest lender expects to complete this by early August. Canara Bank last tapped the market for similar bonds in November 2025.Read More

India’s power and electrical equipment stocks have emerged as key AI proxy plays, with names like Hitachi Energy, Kirloskar Oil Engines and GE Vernova T&D delivering stellar returns. Analysts believe rising data centre investments will fuel long-term demand, but caution that valuations and stock selection will be critical from here.Read More

Indo-MIM’s Rs 3,811-crore IPO was subscribed 1.40 times on day two, driven by NIIs at 3.85 times, with retail fully covered and QIBs yet to bid meaningfully. The MIM component maker is priced at Rs 461-485; the issue closes July 27 and lists July 30.Read More

The Rs 167 crore Xtranet Technologies IPO was subscribed around 1.4 times on the second day of bidding, led by strong retail demand. While the grey market premium has eased from earlier levels, it still indicates a potential listing gain of over 6%, with the issue set to close on July 27.Read More

Manipal Health Enterprises will use over three-fourths of its Rs 8,000 crore fresh IPO proceeds to repay acquisition-related debt and fund an additional stake purchase in Sahyadri Hospitals. The issue reflects a balance-sheet reset after an aggressive expansion strategy that significantly increased debt while expanding its hospital network.Read More

Three United States law firms are investigating HDFC Bank for alleged securities law violations. These firms are examining if the bank disguised payments to MSRDC as marketing expenses. HDFC Bank shares have declined significantly following these announcements and after its Q1 earnings report. The bank has strongly denied any allegations of wrongdoing or culpability. Investigations...Read More

The US Treasury is increasing short-term bill issuance to meet rising funding needs. This strategy aims to rebuild government cash balances and finance seasonal spending requirements. Analysts express concerns about long-term risks from heavy reliance on short-duration debt. Money market funds are absorbing much of this issuance, though demand may face seasonal pressures. This approach...Read More

Juniper Green Energy will launch its Rs 1,800-crore initial public offering on July 30. The company plans to raise funds through a fresh issue of equity shares. Proceeds will be used for debt repayment and investments in subsidiaries. Juniper Green Energy develops and operates renewable energy projects across India. The company is backed by Singapore-based...Read More