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Indo-MIM’s Rs 3,811-crore IPO was subscribed 1.40 times on day two, driven by NIIs at 3.85 times, with retail fully covered and QIBs yet to bid meaningfully. The MIM component maker is priced at Rs 461-485; the issue closes July 27 and lists July 30.
Manipal Health Enterprises, backed by Temasek and Ranjan Pai, will open its Rs 9,275-crore IPO for subscription on July 29 at a price band of Rs 560-590 per share. The issue comprises a fresh issue of Rs 8,000 crore and an OFS worth Rs 1,275.2 crore. The Bengaluru-based hospital chain is expected to list on…
The US Treasury is increasing short-term bill issuance to meet rising funding needs. This strategy aims to rebuild government cash balances and finance seasonal spending requirements. Analysts express concerns about long-term risks from heavy reliance on short-duration debt. Money market funds are absorbing much of this issuance, though demand may face seasonal pressures. This approach…
Singapore’s sovereign wealth fund GIC plans significant new investments. The fund will allocate an additional thirty billion dollars to hedge funds over three years. GIC is also expanding its exposure to artificial intelligence opportunities across various sectors. This strategic shift follows a period of more conservative investment and softer long-term returns. The fund aims to…
Japanese investors sold foreign bonds at the fastest pace in nearly three months during the week ended July 18 as surging oil prices revived inflation concerns and reinforced expectations of higher global interest rates for longer. They also turned net sellers of foreign equities, while overseas investors trimmed their exposure to Japanese bonds and stocks.
South Korea has advanced stricter trading rules for retail investors in single-stock leveraged ETFs, requiring a 30 million won cash deposit from July 31. The move comes amid heightened market volatility following the launch of leveraged ETFs tied to Samsung Electronics and SK Hynix, aiming to curb speculative trading.
Veteran investor Ashish Kacholia appears to have exited Walchandnagar Industries in Q1 FY27, as his name is absent from the heavy engineering firm’s June-quarter shareholding data—implying his holding has slipped below the 1% disclosure threshold.
A total of 86 companies are slated to announce their Q1 FY27 earnings today, with key names including Tata Consumer Products, SBI Life Insurance, Hindustan Zinc, Shriram Finance, ACC, Bank of Baroda, Bank of India, SAIL, SBI Cards, Laurus Labs and Lodha Developers.
Disclaimer: The content of this post is sourced from external sites and is for informational purposes only. All rights and…
Disclaimer: The content of this post is sourced from external sites and is for informational purposes only. All rights and…