The volume of Indian initial public offerings is poised to grow as companies and private equity firms monetize their investments, according Anu Aiyengar, global head of advisory and M&A at JPMorgan Chase & Co.Read More

Cryptocurrency traders faced huge losses. Bullish bets worth over $1.5 billion got liquidated on Monday. This triggered a sharp selloff, impacting smaller tokens severely. Ether fell significantly. Bitcoin also saw a decline. Demand from digital-asset treasury companies seems to be fading. Over 407,000 traders were liquidated in a day. The digital-asset market capitalization fell below...Read More

PhonePe FY25 results: IPO-bound PhonePe, backed by Walmart, has significantly reduced its losses to Rs 1,720 crore in FY25, a 13.9% improvement year-over-year, while also achieving positive free cash flow. Revenue surged by 40% to Rs 7,115 crore, driven by payment services. Employee benefit costs increased due to higher salaries and share-based payments. The company...Read More

Saatvik Green Energy IPO: In the grey market, the shares are now priced 3% above the Rs 465 issue price, down from a previous 13% premium.Read More

Trump’s $100,000 H-1B fee will make sending Indian IT engineers to the US costly, hitting firms like Infosys, TCS, and Hexaware, which rely heavily on H-1B employees for US revenue.Read More

Trualt Bioenergy, a major Indian ethanol producer, is launching its IPO with a price band of Rs 472–496 per share, aiming to raise Rs 839 crore. The IPO opens on September 25 and closes on September 29, with listing on October 3.Read More

India’s IT sector faces challenges due to a steep H-1B visa fee hike, potentially impacting margins by 50-100 basis points and EPS by 2-4%. However, the industry’s shift towards local hiring, offshore delivery, and the rise of Global Capability Centers (GCCs) are expected to mitigate the long-term effects. Larger firms like TCS and Infosys are...Read More

iValue Infosolutions IPO was fully subscribed on Day 3, with overall subscription at 1.04 times and GMP slipping to 4%. The Rs 1,601 crore OFS offers shares at Rs 284–299, with listing set for September 26 on NSE and BSE.Read More

Japan’s Nikkei ended nearly 1% higher on Monday, rebounding after a volatile last session, as concerns eased over the impact of the Bank of Japan’s decision to sell its holdings of riskier assets.Read More

European shares held steady on Monday as losses in automakers offset rising technology stocks, while investors awaited comments from a slew of Federal Reserve officials later in the day.Read More