Meesho is targeting a $6 billion valuation as it prepares for a December IPO. The e-commerce firm is also in talks with SBI Funds for a pre-IPO placement that could alter issue size. Meesho plans to raise Rs 42.5 billion through fresh shares, alongside a major offer for sale by existing investors.Read More
SEBI Chairman Tuhin Kanta Pandey stressed that India must rapidly expand its REIT and InvIT ecosystem to meet massive long-term infrastructure needs, boost retail participation, deepen capital-market funding and accelerate nationwide asset monetisation.SEBI Chairman Tuhin Kanta Pandey stressed that India must rapidly expand its REIT and InvIT ecosystem to meet massive long-term infrastructure needs, boost retail participation, deepen capital-market funding and accelerate nationwide asset monetisationRead More
Sebi Chairman Tuhin Kanta Pandey has clarified that digital gold does not fall under the regulator’s jurisdiction, noting that only gold ETFs and tradable gold securities are regulated products. Sebi warned investors that digital gold operates outside its framework, carries significant counterparty risks, and lacks the investor protections available in securities markets.Sebi Chairman Tuhin Kanta Pandey has clarified that digital gold does not fall under...Read More
Despite a 400-point decline in the Sensex, six BSE 200 stocks including Mahindra & Mahindra Financial Services, GMR Airports, SBI Life, Bharti Airtel, Reliance Industries and Eicher Motors hit fresh 52-week highs on Friday, signalling strong momentum and continued investor confidence.Read More
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