Ashishkumar Chauhan, Managing Director and Chief Executive Officer of the National Stock Exchange, on Sunday visited Tirupati with his family and offered prayers at the Lord Venkateshwara temple, seeking blessings for the exchange, its members, shareholders and the country. Speaking after the visit, Chauhan said the darshan took place early in the morning and described […]
The Securities and Exchange Board of India (SEBI) has given its nod for the initial public offering (IPO) of the National Securities Depository Ltd (NSDL), India’s largest depository. This approval marks a significant milestone for the country’s financial market infrastructure. SEBI issued an observation on September 30, indicating a green light for the IPO. In […]
In a significant development in India’s burgeoning IPO market, SoftBank-backed food delivery giant, Swiggy, has received approval from its shareholders to increase the size of its fresh issue in its upcoming IPO. The approval will allow the company to raise the fresh issue size to 50 billion rupees ($595 million), a substantial increase from the previously […]
Hyundai Motor India, the country’s second-largest car manufacturer, is reportedly planning to launch a $3 billion Initial Public Offering (IPO) on October 14, 2024. This IPO, if it goes ahead, would be the largest in India after the Life Insurance Corporation’s (LIC) IPO, which was around Rs 21,000 crore. The IPO of Hyundai Motor India Limited […]
Cerebras Systems, a rising player in the AI hardware space, is looking to challenge Nvidia’s dominance as it gears up for a major IPO. Nvidia, whose chips are crucial for training AI models like OpenAI’s ChatGPT, has seen its market value soar nearly 600% since ChatGPT’s rise. However, Cerebras, backed by investors like Altimeter and […]