Markets regulator Sebi on Friday introduced a streamlined process for transferring Portfolio Management Services (PMS) business from one portfolio manager to another, aimed at enhancing ease of doing business.Read More
Jio Platforms is gearing up for its highly anticipated IPO, with analysts projecting it could achieve a dazzling valuation of USD 148 billion by September 2027. This bullish outlook is fueled by enhanced sector dynamics, a more robust tariff environment, and an accelerating shift towards 5G technologies.Read More
Billionaire investor Radhakishan Damani has invested Rs 90 crore in Lenskart. This investment comes before Lenskart’s upcoming Rs 2,150 crore initial public offering. The eyewear retailer plans to use the funds for expansion, technology, and marketing. Lenskart operates online and through a large retail network. It also has international presence. The IPO will see promoters and investors selling shares.Read More
On Friday, the Sensex declined about 345 points to close at 84,211. Despite the broader market weakness, nine stocks from the BSE 500 index hit fresh 52-week highs, signalling sustained bullish momentum. Sammaan Capital, Federal Bank and seven other stocks delivered strong gains over the past month.Read More
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