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News
South-based A-One Steels India to open Rs 405-crore IPO on September 24
2+ hour, 24+ min ago (348+ words) South-based steel producer A-One Steels India has tapped the capital markets to raise Rs 405 crore through an initial public offering (IPO). The IPO will open for public subscription on September 24 and close on September 28. The one-day anchor book will open…...
India to get 1.64 million-tonne EU steel quota; 6.95 lakh tonnes under FTA
3+ hour, 46+ min ago (591+ words) India will get country-specific tariff-rate quotas (TRQs) totalling 1.64 million tonnes annually for exporting steel products to the European Union, of which 6,94,853 tonnes will be under the free trade agreement, according to the draft text of the pact released by the…...
Manipal Hospitals scouts for acquisitions in Andhra, Keralam, Delhi-NCR; bets on AI-led healthcare
5+ hour, 7+ min ago (482+ words) Manipal Health Enterprises Ltd is setting its sights on expansion in various states, including Telangana, Keralam, and Delhi-NCR, while pivoting towards a "physical plus digital" healthcare model driven by Artificial Intelligence (AI). The healthcare major is actively evaluating strategic opportunities…...
Why it???s getting harder for Tata Sons to resist an IPO
6+ hour, 44+ min ago (937+ words) India’s central bank is said to have rejected Tata Sons Pvt.’s plea to get a waiver from a regulatory rule that requires it go for a public listing. The entity that sits at the heart of the $185 billion Tata…...
IPO action: NSE among 11 issues worth Rs 24,600 crore opening next week
4+ hour, 36+ min ago (973+ words) The bullish sentiment in the primary market has remained undampened by the weakness in the secondary market, with nearly Rs 24,600 crore worth of 11 IPOs set to open for public subscription in the holiday-shortened week beginning September 15. However, the equity market…...
AI slowdown or IPO rescue? Critics question the real reason behind Anthropic, OpenAI's push to slow down
9+ hour, 28+ min ago (749+ words) Anthropic CEO Dario Amodei's call for the AI industry to slow the pace of frontier model development has triggered a debate over whether safety concerns are the only reason behind the push, with some AI researchers and critics arguing that…...
SML Ltd weighing IPO within 2 to 3 years, eyes new chemical entity pipeline
5+ hour, 28+ min ago (15+ words) Moneycontrol.com...
Why it’s getting harder for Tata Sons to resist an IPO
6+ hour, 44+ min ago (914+ words) India’s central bank is said to have rejected Tata Sons Pvt.’s plea to get a waiver from a regulatory rule that requires it go for a public listing. The entity that sits at the heart of the $185 billion Tata…...
US core CPI tops forecasts, bolstering case for rate hike
2+ day, 37+ min ago (525+ words) A key gauge of US consumer prices rose by more than expected last month, bolstering the case for Federal Reserve officials to raise interest rates next week. The consumer price index, excluding food and energy, rose 0.3% in August from a…...
Tesla Roadster 2.0: Elon Musk teases October 1 event, SpaceX merger speculation grows
11+ hour, 25+ min ago (296+ words) Tesla Inc. teased an Oct. 1 event to showcase its next-generation Roadster vehicle, a niche product that CEO Elon Musk first unveiled in November 2017. The fall event, which has been eagerly anticipated by Tesla fans, is likely to fuel even more…...