Shriram Pistons and Rings raised Rs 1,000 crore via 18- and 24-month NCDs from mutual funds to partly finance its Rs 1,670-crore acquisition of Grupo Antolin’s India entities. The deal diversifies SPRL into automotive interiors, reducing EV transition risks and strengthening its business profile.Read More
Executive learning solutions provider XED Executive Development on Friday said it has fixed a price band of USD 10-10.5 per share for the USD 12 million IPO, which will open for subscription at GIFT City on March 6.Read More
Oil prices rose about 3% on Friday as traders remained on alert for potential supply disruptions after the United States and Iran extended nuclear talks.Read More
Nithin Kamath says post-Covid investing has transformed India’s markets, with over 11 crore unique investors and rising first-time participation. Savings are shifting from deposits and real estate to equities, especially mutual funds, while direct stock investing growth remains comparatively modest and steady.Read More
Wall Street’s main indexes opened lower on Friday as AI anxiety dragged on tech stocks, with the Nasdaq bracing for its steepest monthly drop since March 2025, while hotter-than-expected inflation data also dampened sentiment.Read More
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