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The Annu Projects IPO entered its second day of bidding on August 26, with the issue subscribed by 34% on Day 1. With the grey market premium (GMP) currently at zero, the IPO could see a flat listing based on prevailing grey-market trends. The IPO is priced at ₹94-99 per share and closes on August…
As AI helps to improve efficiency, customers could demand 20%-25% lower fees for some of the work Hexaware accomplishes currently, CEO Srikrishna Ramakarthikeyan said
Oil prices slide over 2% following report of U.S.-Iran ceasefire
Gold prices held steady as investors kept a watchful eye on upcoming United States inflation data, which is expected to offer insights into the Federal Reserve’s interest rate decisions. Market participants are looking towards a potential pause in rate hikes next month. Concurrently, other precious metals, including silver, platinum, and palladium, experienced slight increases, reflecting…
Decision to tighten animal acquisition rules at Vantara could ease scrutiny of Reliance Industries, as Mukesh Ambani seeks to limit reputational risks and ensure a smooth succession
Gold has staged a sharp 15% rally in August after a volatile start to the year, supported by renewed ETF inflows, strong central-bank buying, expectations around US interest rates, Treasury buybacks and a weaker dollar. With investment demand expected to remain a key driver through 2026, investors and analysts including John Paulson and Christopher Wood…
An Indian-American advocacy group has voiced concern over the proposed USD 103,265 additional fees for H1-B work visas, saying the move would push US jobs overseas. The Foundation for India and Indian Diaspora Studies (FIIDS) said an extraordinary fee could make legitimate hiring economically impractical and unintentionally encourage companies to place high-value jobs overseas. The…
R Sivakumar, CIO, Axis Mutual Fund, believes the starting point should be a diversified asset-allocation framework rather than market views alone.
President Trump has submitted to Congress for review an agreement with Saudi Arabia aimed at bolstering the kingdom’s civilian nuclear program, but continues to insist that it won’t move forward if Saudi Arabia doesn’t normalise relations with Israel, according to a Trump administration official. The classified document was submitted to Capitol Hill on Monday as…
Raghvendra Nath, MD, Ladder Up Wealth Management, believes equities should form the core of an NRI’s India portfolio, while fixed income and alternative investments can provide diversification.