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Oyo’s parent company, Prism, has secured shareholder backing for its initial public offering. The company plans to raise up to Rs 6,650 crore through fresh equity shares. Shareholders also approved a bonus share issuance. These approvals are significant steps towards Prism’s public listing. Recent financial performance shows strong profit and revenue growth for Oyo.
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US markets head into 2026 with strong momentum but rising risks. Seth Freeman warns AI growth could falter, private credit stress may intensify, and a looming debt wall could trigger restructurings. With gold at highs and rates easing, liquidity supports assets, yet volatility may return if earnings disappoint or credit cracks in the US economy during 2026 outlook period ahead.
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Foreign investors injected the most capital into Indian stocks in two months, purchasing $644 million in local shares. This surge followed a rupee rebound from its record low, with the currency achieving its largest weekly gain in nearly six months. The inflows underscore the critical link between rupee stability and sustained foreign interest in Indian equities.
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Shares of Ambuja Cements and ACC rose after Ambuja’s board approved the merger of ACC and Orient Cement into Ambuja to form a unified “One Cement Platform” under the Adani Group. The merger will be carried out through a share swap with no cash payout, with defined exchange ratios for ACC and Orient Cement shareholders.
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KSH International’s shares slipped 5% on debut after listing at a nearly 4% discount to the IPO price, reflecting cautious investor sentiment and muted demand outside institutional buyers. The weak listing has reignited the debate on whether investors should exit, hold on for the long term, or wait for clarity on valuation and balance-sheet repair.
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