Central Mine Planning and Design Institute (CMPDIL) has raised Rs 470 crore from anchor investors, including LIC and several mutual funds, ahead of its Rs 1,842-crore IPO. The initial share sale, an offer for sale by Coal India, opens for public subscription on March 20 with a price band of Rs 163-Rs 172 per share.Read More

Cryptocurrency exchange ​Kraken ​has put its multibillion-dollar ​initial public offering plan on hold, CoinDesk reported on ‌Wednesday, ⁠citing ⁠two people with knowledge ​of the matterRead More

Microsoft is considering legal action ​against its partner OpenAI and ​Amazon over a $50 billion deal that could violate its ​exclusive cloud agreement with the ChatGPT maker, the Financial Times reported on Wednesday.Read More

Indian markets rallied for a third day, led by auto, IT and financial stocks, while easing volatility supported sentiment. Technical indicators signal bullish momentum, with analysts projecting further upside amid global mixed cues and advising cautious, stock-specific strategies.Read More

Nifty rose sharply for a third session, driven by auto, IT and consumer stocks. Technical indicators signal bullish momentum, with analysts projecting upside towards 24,250 and support at 23,500, alongside breakout patterns strengthening sentiment.Read More

Ace investor Ashish Kacholia exited BEW Engineering entirely through a bulk deal, amid prolonged stock underperformance and declining prices, raising concerns about the company’s near-term outlook despite its niche presence in pharmaceutical equipment manufacturing and past listing gains.Read More

Investors await Powell’s signals as the Federal Reserve weighs rates steady amid US-Israeli strikes on Iran, balancing persistent inflation against slowing growth risks, with new projections and policy language expected to reflect geopolitical uncertainty, labor market shifts, and rate cuts.Read More

Macy’s said ​it was taking a “prudent approach” to its outlook, as it ​forecast a fall in annual revenue and profit, citing macroeconomic and geopolitical risks that could affect consumer spending.Read More

Wall ​Street’s ​main indexes opened lower ​on Wednesday after data showed producer prices ‌rose ⁠more than ⁠expected in ​February, prompting investors to ​price out any expectations for an ​interest rate ⁠cut by ‌the ​Federal ​Reserve this year.Read More

Stanley Druckenmiller champions capital preservation as the cornerstone of successful investing, combined with bold bets on high-conviction opportunities. His strategy of minimising losses, staying patient, and concentrating on “home run” trades highlights how disciplined risk management and selective aggression can drive superior long-term investment returns.Read More