Apple unveiled its iPhone 17 lineup at the “Awe-dropping event,” introducing the slimmer iPhone Air with an A19 Pro chip and in-house modems. Despite a $1 billion tariff hit, Apple kept prices unchanged, raising concerns over margins as shares fell 1.5%.Read More
A 5-year swing high represents the highest price a stock has reached within a five-year timeframe. This level acts as a significant resistance point where the price has historically struggled to go beyond.Read More
Global asset managers like KKR and Blackstone are increasing investments in India, positioning Mumbai as a key hub for Asia’s private equity. This shift, driven by India’s strong economic growth and attractive investment opportunities, sees decision-making power moving to the country. Despite risks like high valuations and tariffs, India’s consistent returns make it a focal...Read More
Investors interested in Patanjali Foods’ 2:1 bonus issue must purchase shares today to be eligible, as September 11 is the record date. Shareholders on the company’s books by then will receive the additional shares. This bonus issue rewards existing shareholders by increasing their holdings without further investment, with shares closing flat at Rs 1,802 on...Read More
Dev Accelerator launches its Rs 143 crore IPO, priced at Rs 56-61 per share, aiming for BSE and NSE listing on September 17. While analysts flag high valuations compared to peers, the company emphasizes its Tier-2 market leadership and expansion plans, including an international project. The IPO closes on September 12.Read More
Urban Company’s Rs 1,900 crore IPO opens today, priced at Rs 98–103 per share, featuring a fresh issue and offer-for-sale. GMP indicates a 35% premium, reflecting strong demand. Founded in 2014, the company connects customers with service professionals and reported Rs 1,144.5 crore revenue in FY25, turning profitable.Read More
Brigade Enterprises plans a luxury housing project in Bengaluru. The project aims for a revenue of Rs 2,500 crore. It is a joint development on 10.75 acres in East Bengaluru. The project will have 2.5 million square feet of saleable area. Brigade focuses on high-quality developments in premium locations. The company has projects across multiple...Read More
Japanese government bonds faced a dip on Wednesday. This happened before the sale of securities. The five-year yield increased. The ten-year yield also saw a rise. The Ministry of Finance plans to sell five-year JGBs. These events unfolded after Shigeru Ishiba’s resignation. Sanae Takaichi is a contender for leadership. She supports the Abenomics policies.Read More
Urban Company garnered Rs 854 crore from anchor investors before its IPO. The IPO opens for subscription from September 10-12, with a price band of Rs 98-103 per share. The company aims to raise Rs 472 crore through fresh shares. Existing investors will sell stakes worth Rs 1,428 crore. Funds will be used for technology,...Read More
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