SpaceX is preparing for a potential 2026 IPO, valuing the company at $800 billion in an insider sale. This move aims to fund ambitious projects, such as Starship’s “insane flight rate” and a lunar base. The company’s valuation has surpassed that of OpenAI, positioning it as the world’s most valuable private firm, although the IPO’s timing and valuation remain uncertain.Read More
Axis Securities has identified Vedanta as a top technical pick, projecting an 11% upside in 3-4 weeks. The brokerage also highlighted ICICI Prudential Life Insurance and Ashok Leyland, anticipating potential gains of 8.2% and 9.9% respectively, amidst volatile market conditions.Read More
Wealthy Indians with foreign properties are preparing for new tax rules. From 2029, Indian tax authorities will gain significant insight into overseas real estate. This change impacts property held through companies and trusts. Many are shifting away from property-linked residency options. They are now focusing on business or fund-driven routes for residency.Read More
Shivganga Drillers is planning to raise Rs 400 crore through an initial public offering. The company will use the funds for machinery, debt repayment, and general business needs. This integrated oilfield services provider offers drilling, offshore, and project management services. The IPO is a fresh issue of shares. Aryaman Financial Services is managing the offering.Read More
Ten penny stocks have surged in FY26, with six becoming multibaggers, delivering gains up to 515%. These micro-cap stocks, priced under Rs 20 and with market caps below Rs 1,000 crore, show strong momentum.Read More
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