Fitch Ratings has removed energy infrastructure company Adani Energy Solutions Ltd (AESL) from its ‘Ratings Watch Negative’ list, the first upgrade by an international ratings agency since the US indictment. Photograph: Dado Ruvic/Reuters Fitch affirmed AESL long-term foreign and local-currency
The government has reiterated its stance against unregulated offshore margin trading platforms, warning Indian investors about the potential risks of dealing with foreign forex, commodities, and crypto/virtual digital asset (VDA) platforms that operate outside Indian regulations. “The Reserve Bank of
Stock market today: Shares of small-cap stock, GRM Overseas, engaged in milling, processing and marketing branded and non-branded basmati rice, surged over 8% in trade on Monday, March 10, defying the weak stock market trend. The gains came after the
The underrepresentation of women in the field of artificial intelligence (AI) poses a significant risk of perpetuating the prevailing societal biases into future technologies, according to a top Microsoft executive. Himani Agrawal, chief partner officer, Microsoft India and South Asia,
Foreign investors continue to pull back money from the Indian equity market, withdrawing Rs 24,753 crore (about $2.8 billion) in the first week of March amid escalating global trade tensions and lacklustre corporate earnings. This came following an outflow of
Global trends, macroeconomic announcements and US tariff developments are expected to drive stock markets in a holiday-shortened week, analysts said. Market participants will also closely track foreign investor activity, geopolitical tensions, and their impact on the US dollar and crude
Financial services firm Tata Capital is likely to file preliminary papers with markets regulator Sebi to raise $2 billion (over Rs 17,000 crore) through an initial public offering (IPO) only after getting final approval from the NCLT for Tata Motors
Electric two-wheeler maker Ather Energy Ltd has taken a significant step toward its much-anticipated initial public offering (IPO) by converting its outstanding compulsory convertible preference shares (CCPS) into equity. The move is part of the company’s preparation for its IPO,
Mumbai, Global trends, macroeconomic announcements and US tariff developments are expected to drive stock markets in a holiday-shortened week, analysts said. Market participants will also closely track foreign investor activity, geopolitical tensions, and their impact on the US dollar and
After heightened activity in 2024, there has been a slowdown in new listings, with no main-bourse IPOs hitting the market in the past three weeks due to a correction in the secondary market. This slowdown in IPO activity is reflected
