Tata Capital to file draft IPO papers only after NCLT nod

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

IPO activity slows down, no major listing in 3 weeks

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

Finance Secretary TK Pandey is new Sebi chairman

The Union government on Thursday appointed Finance Secretary Tuhin Kanta Pandey as the 11th chairman of the capital market regulator, Securities and Exchange Board of India (SEBI). IMAGE: Tuhin Kanta Pandey. Photograph: ANI Photo The Odisha-cadre Indian Administrative Service (IAS)

Stand by Adani report, closure not due to threats, says Hindenburg founder

Activist short-seller Nathan Anderson, known for his high-profile campaigns against the likes of Adani Group, said he is closing his firm, Hindenburg Research, not because of any threat — legal or otherwise — and that he stands by all its

HDFC Bank Q3 profit edges up 2.3%

HDFC Bank on Wednesday reported a 2.3 per cent year-on-year rise in its consolidated net profit to Rs 17,657 crore for the October-December quarter, restricted by slower loan growth. Photograph: PTI Photo from the Rediff Archives On a standalone basis,

Why Sebi plans to start pre-listing trading in IPO shares

Sebi is looking at introducing a system where an investor can sell shares as soon as they are allotted in an Initial Public Offering (IPO) to curb grey market activity, chairperson Madhabi Puri Buch said on Tuesday. The chief of