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South Korean workers returned home after being detained in the US. They described a raid at a car battery plant in Georgia. US authorities arrested workers on visa issues. Detainees reported poor conditions. Families expressed relief and anger. Some fear career repercussions. The incident strained relations between South Korea and the US.
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News and Media
Sebi has expanded IPO anchor investor participation to include insurance and pension funds alongside mutual funds, raising anchor quota to 40% and merging allotment categories, aimed at diversifying the investor base and ensuring greater stability.
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News and Media
Urban Company, Shringar House, and Dev Accelerator IPOs drew record bids worth 1.22 lakh crore. Urban Company led with subscriptions nearly 100 times the offer, highlighting robust investor demand despite stretched valuations and high-risk considerations.
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News and Media
Growws parent, Billionbrains Garage Ventures, plans to file for a $650800 million IPO in Mumbai, aiming at an $8 billion valuation, backed by Satya Nadella. If successful, Groww will surpass Angel One as Indias most valuable brokerage.
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News and Media
SME IPOs in 2025 have raised Rs 6,819 crore by August, marking the second-highest annual fundraising. With 154 issues, the segment shows strong investor interest. Fourteen IPOs turned multibaggers, supported by solid fundamentals and growth narratives. The market is poised to challenge 2024s record, highlighting SMEs role in Indias equity growth.
Category:
News and Media