SBI Mutual Fund invests Rs 100 crore in Lenskart
SBI Mutual Fund has invested Rs 100 crore in eyewear retailer Lenskart Solutions Ltd ahead of its upcoming IPO. The investment was made through its two alternative investment funds —…
Author: Purbalee Dutta
Lenskart Solutions IPO: From key risks to financials
Lenskart Solutions’ initial public offering (IPO) will open for public subscription on Friday, October 31, aiming to raise ₹7,278 crore. The price band for the issue is set at ₹382–₹402…
Corporate bond market eyes a new high amid a projected 87% surge
India’s corporate bond market has been quietly expanding over recent years, reaching ₹53.63 lakh crore ($626.7 billion) as of March 31, 2025, and is now showing signs of rapid acceleration.…
Indian economy to grow 6.6% in 2025
According to the latest World Economic Outlook report by the International Monetary Fund (IMF), India’s economy is projected to expand by 6.6% in 2025, making it one of the fastest-growing…
Deloitte pegs India’s FY26 growth at 6.7–6.9% on strong demand
India’s economy is expected to expand between 6.7% and 6.9% in FY26, supported by strong domestic demand, steady policy reforms, and a rebound in private investment, consultancy firm Deloitte said…
Infosys share price jumps over 4%
Infosys shares surged over 4% in Thursday’s session after the company announced its largest-ever share buyback. In its exchange filing on October 22, Infosys stated that promoters, including Nandan Nilekani,…
Why gold prices are rising daily?
Gold prices soared to a record high of $4,380 per ounce on Friday, October 17, driven by expectations of U.S. interest rate cuts, heightened geopolitical tensions, and strong safe-haven demand.…
Axis Bank shares jump 4% today after Q2 results
Axis Bank’s shares surged up to 4% after the lender reported a 26% year-on-year decline in net profit to ₹5,090 crore for Q2 FY26, as higher provisions weighed on earnings.…
Sensex rises 650 points
Equity benchmark indices rose nearly 1% on Wednesday, supported by upbeat global cues and growing expectations of a US Federal Reserve rate cut later this month. Optimism strengthened after Fed…
Emirates NBD in advanced talks for acquiring majority stake in RBL Bank
Emirates NBD, a major banking group from the Middle East, has held advanced talks to potentially acquire a majority stake in RBL Bank, a listed private sector lender in India,…