India’s capital markets regulator Sebi has approved seven Initial Public Offerings. Companies in manufacturing, chemicals, logistics, healthcare, real estate, engineering, and precious metals can now raise funds. These approvals pave the way for significant investments and expansion plans across diverse industries. Investors can anticipate new opportunities as these firms prepare to go public.Read More
Wipro’s US-listed ADRs dropped nearly 6% following its December-quarter results, as investors reacted to a 7% year-on-year decline in net profit. Despite improving margins and strong cash generation, subdued deal momentum and cautious client spending in developed markets impacted the IT services firm’s performance.Read More
Ace investor Vijay Kedia has acquired a stake in SPML Infra. Kedia Securities bought over 14 lakh shares for approximately Rs 25 crore. SPML Infra is a smallcap infrastructure firm with expertise in power, water, and environment sectors. The company has a strong track record of executing projects across India.Read More
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