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2024-11-07 05:33:35| The Economic Times

Swiggy's IPO is facing uncertainty as analysts advise investors to consider the long-term potential due to profitability concerns and competition from Zomato. Despite conservative pricing, the IPO saw muted demand on its first day, with grey market trends indicating minimal listing gains.

Category: News and Media

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2024-11-07 05:20:49| The Economic Times

Elon Musk's net worth surged by $20.9 billion following Donald Trump's U.S. presidential election victory. Musk's Tesla holdings saw significant gains as investors anticipated favorable policies under a Trump administration, including potential challenges for smaller electric vehicle competitors and tariffs on Chinese imports. Other tech billionaires, including Jeff Bezos and Larry Ellison, also experienced wealth increases.

Category: News and Media

2024-11-07 05:12:16| The Economic Times

Waaree Energies, India's largest solar panel maker, saw its shares dip slightly despite securing a major order. This follows a stellar week for the company, which recently went public. The IPO was a resounding success, attracting record bids and pushing the company's value over Rs 1 lakh crore.

Category: News and Media

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