Swiggy shares jump nearly 3% as company targets Rs 10,000 crore adjusted EBITDA by FY31

Next month is set to see a flurry of IPO activity as over a dozen companies plan to launch their share offerings. Collectively, these IPOs are projected to raise in excess of twenty-five thousand crore rupees. Notable players like Zepto and Shiprocket are among the front-runners, and with investor confidence on the rise, the primary…

Veteran investor John Rogers emphasizes the constant need to guard against groupthink. This phenomenon occurs when individuals conform to group views instead of independent evaluation. Encouraging diverse perspectives and challenging assumptions improves decision-making in various settings.

Eswari Global Metal Industries is poised for a major Initial Public Offering (IPO) with an ambitious target of raising Rs 1,100 to Rs 1,300 crore. This strategy entails both a fresh share issuance and an offer-for-sale by existing promoters. The proceeds are earmarked for expanding manufacturing capabilities, clearing debts, and addressing general corporate requirements. The…