Global investors including Temasek and Capital Group, along with major Indian asset managers such as SBI MF, ICICI Prudential, and HDFC AMC, have placed bids to buy shares in Swiggy as the company seeks fresh funding a year after its listing. Other global players like Fidelity, BlackRock, and Nomura have also participated in the $1.1...Read More

The Indian rupee slipped on Wednesday, ending a session of back-and-forth price action shaped by portfolio flows, likely maturity of positions in the non-deliverable forwards market and caution ahead of the Federal Reserve’s policy decision.Read More

The echoes of success resonate throughout Dubai, as Danube Group announces the total sell-out of their landmark project, ‘SHAHRUKHZ by Danube’. This striking commercial tower, lining the iconic Sheikh Zayed Road, has generated a remarkable revenue of over Rs 5,000 crore, underscoring the vibrant demand for commercial real estate in the emirate.Read More

Vietnam’s State Treasury raised 7.95 trillion dong ($302 million) in a weekly government bond auction on Wednesday, up from $298 million raised last week, with the coupon for 10-year bonds hitting the highest this year.Read More

Germany’s 10-year borrowing costs hit fresh multi-month highs on Wednesday as traders price out any chance of further European Central Bank rate cuts, while looking ahead to an important Federal Reserve meeting later in the day.Read More

Eleven high-momentum Indian stocks surged over 50% in three months, with three turning into multibaggers, highlighting standout performers amid broader market volatility.Read More

Nephrocare Health IPO consists of a ₹353-crore fresh issue and a ₹518-crore offer for sale. Of the fresh issue funds, Nephrocare Health Services intends to use ₹129.1 crore to set up new dialysis centres, ₹136 crore to repay debt, with the balance earmarked for general corporate needs.Read More

Indian markets are struggling to maintain gains despite positive domestic news. Global factors and foreign selling are creating caution. Short-term traders are advised to reduce leverage and hedge portfolios. Long-term investors can find opportunities in specific sectors like metals. Stocks like Vedanta and Motherson are highlighted for potential.Read More

There are 74 ghost shopping centres — those with vacancy of more than 40 per cent — out of 365 such retail properties across the top 32 cities, according to Knight Frank.Read More

European shares inched lower on Wednesday, as investors refrained from placing big bets ahead of the U.S. Federal Reserve’s interest rate decision, while also parsing through a slate of corporate updates.Read More