ICICI Prudential Asset Management Company on Monday set the price band for its much-awaited public issue, putting a valuation of about Rs 1.07 lakh crore on the fund house as it prepares to tap the capital markets later this week.The Rs 10,602-crore initial public offering will open for subscription on December 12 and close on…
China ended November with a historic milestone, recording an annual trade surplus of more than $1 trillion for the first time. Official figures released on Monday show that booming exports to markets outside the United States more than compensated for shrinking US demand.The breakthrough came only weeks after Presidents Xi Jinping and Donald Trump negotiated…
When people tell me about their stock market disasters, the story is almost always familiar. It’s rare, “I bought a solid company at a sensible price, held it for years, and it went to zero.” What I usually hear is closer to, “I bought stock based on this story… this penny stock… this F&O trade…
The allotment of shares for Meesho’s Rs 5,421.20 crore IPO is scheduled for today, marking the next big step for what has become one of the most closely watched tech listings of the year. The public issue, which included a fresh issue of 38.29 crore shares and an offer for sale of 10.55 crore shares,…
Top stocks to buy (AI image) Stock market recommendations: According to Motilal Oswal Financial Services Ltd, the top stock picks for the week (starting December 8, 2025) are Safari Industries, and JSW Steel. Let’s take a look: Stock Name CMP (Rs) Target (Rs) Upside (%) Safari Industries 2362 2700 14 JSW Steel 1149 1350 17…
US President Donald Trump on Sunday raised concerns about the recent Hollywood deal that shook up the media landscape, Netflix acquisition of Warner Bros. The US president, speaking to the media while arriving for the Kennedy Center Honors awards ceremony on Sunday, said that the proposed multi-billion-dollar acquisition raised concerns about market dominance. The streaming…
MUMBAI: Startup IPOs are taking the sheen off large private funding deals (beyond $100 million). Venture capital (VC) investors are actively raising funds, the funding winter is over, but it is the small and mid-sized deal counters (a few million dollars to $50 million or so) where there’s a rush of activity. There have been…
Gold prices are expected to remain on a positive footing in the coming week as investors await cues from the US Federal Reserve’s monetary policy decision, with a weaker rupee adding to support in the domestic market, analysts said, PTI reported. The bias for the yellow metal remains constructive amid expectations of an interest rate…
Leading paint companies are turning cautiously optimistic about the December quarter, expecting a recovery in volumes and margins after a rain-disrupted first half, even as competition in the sector remains intense.Executives from Asian Paints, Kansai Nerolac, Berger Paints and AkzoNobel India said recent trends point to a demand revival from September, with benign raw material…
CEO and billionaire Elon Musk denied news reports that his rocket and satellite maker SpaceX is seeking a $800 billion valuation through a share sale.“There has been a lot of press claiming SpaceX is raising money at $800B, which is not accurate,” Musk said in a post Saturday on his social media platform X. “SpaceX…
