Five companies have received the green light from Sebi for their Initial Public Offerings. Premier Industrial Corporation, Virupaksha Organics, Hexagon Nutrition, Om Power Transmission, and Duroflex can now proceed with their public issues. These companies plan to raise significant capital through fresh share issuances and offers for sale, marking a key step in their growth plans.Read More
U.S. interest rate futures on Friday raised odds of rate cuts by the Federal Reserve in June after a report that showed inflation rose less than expected in January.Read More
Wall Street is in the grip of disruption worries from AI. It first started with investors dumping shares of software companies but soon spread to sectors seen as vulnerable to automation, driving sharp losses in U.S. stocks this week.Read More
Infosys and Wipro ADRs surged despite a broader Nasdaq decline and weak domestic IT stocks. This resilience emerged as US inflation cooled to 2.4% in January 2026, potentially influencing Fed rate cut decisions. However, Indian IT stocks continue to face pressure from strong US employment data and AI-driven disruptions.Read More
Rivian’s projection that its cheaper models would attract more buyers this year powered a near 20% stock jump on Friday, the latest sign of electric vehicle makers betting on affordable cars to revive sales after a key federal subsidy expired.Read More
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