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Fintech firm PayNearby is planning an initial public offering (IPO) in the next financial year to boost the next phase of growth.
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News and Media
Warren Buffetts Berkshire Hathaway has fully sold its 17-year stake in Chinese electric-vehicle maker BYD, ending one of the most profitable foreign bets in the conglomerates history.
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News and Media
Tata Capital is launching Indias largest financial-sector IPO on October 6, aiming for a valuation of around $18 billion. The Rs 17,200 crore issue includes a fresh share sale and OFS by Tata Sons and IFC. Proceeds will bolster Tier-1 capital, fulfilling RBIs listing mandate. Strong FY25 profits and wide retail presence support the investment case, while unlisted shares trade 33% below last years peak.
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News and Media
The Nifty extended its losing streak with a sixth consecutive decline, slipping below the 25,000 support level amid broad-based selling, especially in pharma and IT stocks. Analysts warn of further downside if 24,500 breaks, though a recovery remains possible. Stock recommendations include Ashok Leyland, Dr Agarwals Health Care, Dixon, and Anant Raj.
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News and Media
Precision components maker Indo MIM has filed preliminary papers with markets regulator Sebi to raise funds through an initial public offering (IPO) comprising a fresh issue of equity shares worth Rs 1,000 crore.
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News and Media
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