Billionaire hedge fund manager Bill Ackman is revving up a long-anticipated plan to hold an initial public offering for his Pershing Square Capital Management, the Financial Times reported, citing unidentified people with knowledge of the matter. Ackman is talking with
Stocks to buy under ₹200: This week, the Indian stock market maintained their upward tone as the Nifty 50 index inched higher through most sessions. Despite a few intraday swings, overall sentiment stayed positive and buying interest remained intact. The
The country’s largest listed auto parts company by market capitalisation, Samvardhana Motherson International, reported a better than expected operating performance in the second quarter (July-September) of 2025-26 (Q2FY26). IMAGE: Employees of Motherson Sumi Systems Ltd, work on a car wiring
India’s equity markets may have expanded rapidly, but initial public offerings (IPOs) are increasingly becoming exit vehicles for early investors rather than as engines for raising long-term capital, a shift that undermines the spirit of public markets, Chief Economic Advisor
India’s merchandise trade deficit widened to a record $41.68 billion in October, as gold imports trebled and outbound shipments registered their sharpest contraction in 14 months, according to data released by the commerce department. Photograph: Arnd Wiegmann/Reuters Merchandise exports fell
Snapping the two-day rally, benchmark indices Sensex and Nifty closed lower on Friday mainly due to weak global trends and fading hopes of a rate cut by the US Federal Reserve in December. Photograph: Francis Mascarenhas/Reuters The 30-share BSE Sensex
State-owned construction firm NBCC India Ltd on Friday (November 21) said it has been awarded a work order worth approximately ₹45.09 crore by Canara Bank for the construction of the official premises of its regional/circle office building in Ranchi, in
Excelsoft Technologies IPO in focus: The initial public offering (IPO) of Excelsoft Technologies received a healthy response from investors during its bidding period, with the issue being subscribed over 45 times by the end of Day 3, as it attracted
Asian Paints reported a good performance for the second quarter (July-September) of 2025-26 (Q2FY26), with some help from base effects, despite strong competition and extended monsoon. Photograph: Amit Dave/Reuters Volume grew in low double digits in the key domestic decorative
Growth of eight key infrastructure sectors remained flat in October as expansion in output of petroleum refinery products, fertiliser and steel was offset by a contraction in coal and electricity production, according to official data released on Thursday. Photograph: Bing
