Tata Capital’s much-anticipated IPO will launch on October 6, offering over 47.58 crore shares, including fresh issuance and an offer for sale by Tata Sons and IFC, estimated at Rs 17,200 crore. This comes as its unlisted shares have plunged 35% from their April peak to Rs 735, amid weak market sentiment and valuation concerns.Read More
Aarvee Engineering Consultants and Deon Energy have filed DRHPs with SEBI for IPOs worth Rs 202.5 crore and Rs 150 crore respectively, to fund expansion, debt repayment, and working capital needs.Read More
US stocks are rising today, recovering earlier losses. An inflation report met economists’ expectations. This boosts hopes for future Federal Reserve rate cuts. President Donald Trump announced new tariffs on various imports. These tariffs start in October. Some companies like Paccar and Eli Lilly gained. Others like Williams-Sonoma and Costco saw declines.Read More
NCDEX secured shareholder approval to issue Rs 770 crore worth of shares, marking a key step toward launching equity and derivatives segments by 2026, strengthening its multi-asset exchange vision.Read More
VIP Industries’ promoter entities sold stakes worth Rs 343 crore via bulk deals at a 9% discount, with Multiples Private Equity and Samvibhag Securities among the buyers. The company’s shares closed down 4.01% on Friday, continuing a 28% decline over the past year amidst a recent net loss.Read More
President Trump announced new 100 percent import taxes on branded pharmaceuticals. These tariffs begin October 1. Companies building US manufacturing plants will be exempt. Major drugmakers like Merck and Lilly saw slight share increases. Analysts predict minimal impact on large firms. Smaller drugmakers might face vulnerability. Generic medicines remain unaffected by this new policy.Read More
HSBC upgraded India to ‘Overweight’ and expects FIIs to return after 12 months, citing attractive valuations, policy support, resilient flows, and easing global conditions. It named 11 top stock picks across sectors.Read More
Seven NSE large-cap stocks, including CG Power, JIO Financial, Adani Green, and HDFC Life, trade at significantly higher P/E ratios than their industry averages, signaling premium valuations, growth expectations, or potential overvaluation risks.Read More
Crisil Ratings revised Muthoot Microfin’s outlook to ‘positive’ from ‘stable’, reaffirming ‘A+’ rating. Despite asset quality stress, strong collections, adequate provisioning, and continued parent support underpin the microfinance lender’s stability and resilience in FY26.Read More
Logistics service provider Glottis on Friday said it has mobilised a little over Rs 55 crore from anchor investors, days before its initial share-sale opening for public subscription.Read More
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