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The Rs 2,106 crore IPO consists solely of an offer-for-sale of 70.22 crore shares by the promoter, Sagility B.V., with no fresh issue component. All proceeds, after deducting expenses, will go directly to the selling shareholder.
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News and Media
As Donald Trump prepares for his second term, China is anticipating renewed tensions in trade, technology and Taiwan relations. Trump's threat of increased tariffs on Chinese goods, potential involvement in the Taiwan issue, and criticism of the CHIPS Act signal a period of uncertainty and potential economic and geopolitical shifts.
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News and Media
Trump easily won the US Presidential election 2024 as pollster predictions of a close race fell flat. The economy, immigration, and cultural issues were key factors in handing Trump the win Many voters felt the country was headed in the wrong direction. Trump's stance on immigration and cultural issues resonated with a significant portion of the electorate.
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News and Media
The Indian rupee hit a record low against a surging US dollar as investors anticipate a boost to the American economy from Donald Trump's policies. Despite interventions by the Reserve Bank of India, the rupee weakened further, fueled by foreign investors pulling money out of Indian stocks.
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News and Media
MSCI did not include Adani Energy Solutions in its Global Standard Index. This followed a show cause notice issued by SEBI to Adani Energy Solutions. MSCI also reduced the float in Adani Green Energy and Adani Power. Five other Indian companies were included in the index. MSCI increased the weightage of HDFC Bank.
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News and Media
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