Tiger Global-backed construction material supply firm Infra.Market has filed for an initial public offering (IPO) worth between Rs 4,500 crore and Rs 5,500 crore with market regulator Sebi using the confidential pre-filing route, market sources said on Wednesday.
Real estate company Runwal Developers has submitted its draft papers with markets regulator Sebi for raising Rs 2,000 crore through its initial public offering (IPO).
Already diminished by cuts by the Trump administration, the U.S. Education Department will see more of its work come to a halt due to the government shutdown.
Ace investor Shankar Sharma reports his lowest India and US equity exposure in 30 years, citing strong global and China performance. Despite successes, the US remains a narrow, challenging market with underperformance versus benchmarks.
Rishi Kohli, CIO of JioBlackRock MF, recommends SIPs in the JioBlackRock Flexi Cap Fund for first-time investors, while seasoned investors may consider lumpsum investments. The fund uses Systematic Active Equity and BlackRocks Aladdin platform for risk-managed alpha generation.
Amid rising global uncertainty, gold and silver have surged to multiyear highs, driven by geopolitical tensions, potential U.S. rate cuts, and a weakening rupee. Experts advise cautious exposure of 510% in portfolios, noting precious metals long, cyclical trends. While momentum remains, profitbooking and corrections are possible.
The Alem Crypto Fund will operate under the Ministry of Artificial Intelligence and Digital Development. It aims for long-term digital asset investments and strategic reserves. The fund partnered with Binance Kazakhstan. Its first investment involved acquiring BNB tokens. This initiative marks a step towards advancing digital finance in the region.
