JPMorgan faces scrutiny after WSJ says prosecutors reviewed whistleblower claims

Swiggy shares fell after the company proposed cutting its foreign ownership limit to 49.5% from 100%, raising concerns over its eligibility for major global indices. The move could lead to Swiggy’s exclusion from the MSCI Standard and FTSE indices, triggering an estimated $460 million in passive outflows, according to reports.

The IPO received a solid response on Day 1, with the issue subscribed 3.45 times against the 1.14 crore shares on offer. The retail investor portion was subscribed 3.52 times, while the Non-Institutional Investors (NIIs) category saw a strong 7.35-times subscription.

Booking Holdings beats Q2 estimates on travel demand, shares gain