Meesho has emerged as India’s largest e-commerce marketplace by tapping millions of value-conscious shoppers in small towns. Built on low prices, unbranded goods and a zero-commission model, it now dominates non-metro India, driving massive user and order growth while Amazon and Flipkart race to catch up in the hinterland.Read More
Aequs will open its Rs 921.81-crore IPO on December 3, with grey market premiums surging to about 35%, indicating strong investor appetite. Priced at Rs 118–124 per share, the issue includes a fresh offering and OFS. Despite widening losses, pre-IPO institutional interest and strong aerospace manufacturing capabilities support sentiment.Read More
Paytm shares rose sharply on Monday, extending their fourth straight session of gains after One97 Communications announced full ownership of three key group companies. One97 Communications has secured full ownership of Foster Payment Networks, Paytm Insuretech and PFSL by acquiring the remaining 9.99%, 67.55% and 51.22% stakes. With this, all three firms are now wholly owned subsidiaries.Read More
Global commodities face heightened volatility as the US Treasury’s reopening, a firm dollar, and uncertain Fed rate-cut timing shape price trends. Strong yields and dollar strength are pressuring crude, gold, and base metals, while potential 2026 rate cuts and easing geopolitical risks could revive demand across key commodity segments.Read More
India’s benchmark indices, Nifty and Sensex, surged to fresh all-time highs, propelled by a stronger-than-expected 8.2% GDP growth in the second quarter. Nifty Bank also hit a record, with broad market gains reflecting renewed confidence in domestic demand amidst uneven global cues.Read More
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