56 IPOs done, 65 awaiting SEBI approval and a pipeline of 211 DRHPs already approved last fiscal. The 2025 version of the great Indian IPO rush is mindboggling. What started as a trickle, is slowly taking up humongous proportion. Literally every second day, you get to hear about a mega Rs 10,000 crore plus issue.
Motilal Oswal has initiated coverage on INOX Wind (IWL) with a Buy call and a price target of Rs 210, implying about 21% upside from current levels. The brokerage in its report noted that IWL is one of the few home‑grown wind energy OEMs that handles “end‑to‑end solutions from conception and commissioning to O&M”. Its four factories can
The Indian headline indices ended Tuesday’s trading session on a calm note, with both the Sensex and Nifty closing flat. The Sensex settled at 83,697.29, up 90.83 points or 0.11%, while the Nifty ended the day at 25,541.80, gaining 24.775 points or 0.1%. The Nifty Bank also closed higher at 57,459.45, up 0.26%. Here are
First it was rare earth magnets, now it’s fertilisers. China has halted shipments of speciality fertilisers used to increase the yields of fruits, vegetables, and other remunerative crops to India for the last two months, according to media reports. However, China, a global supplier of agricultural inputs, continues to export them to other nations. China
In racing, whether it’s a horse derby or any other, the horse is always the star of the show. But there’s one person who can make all the difference between winning and losing: the jockey. The jockey is the one who controls the horse, sets the pace at every twist and turn and uses strategy
Gold’s performance has been rock-solid, so far. The price of gold has risen by more than 40% in the past year. From the lows of $1,630 per ounce in October 2022 to the current level of $3,260, gold has delivered 100% in just about 28 months. Now, that’s what is called – par excellence performance.
Indian equity markets closed the session on a higher note for the fourth consecutive session, and this is the second week markets have closed in the green. The Nifty 50 closed the session 88.80 points or 0.35% higher at 25,638, the Sensex jumped 300 points or 0.36% to end above 84,000 for the first time
Motilal Oswal has a ‘Buy’ rating on Coforge, with a target price of Rs 2,200, implying an upside of 18%. The brokerage expects that the company has a strong executable order book and resilient client spending across verticals that bodes well for its organic business. Motilal Oswal on Coforge: Management confident of organic growth Coforge’s
When the Unified Pension Scheme (UPS) was announced as an option in place of the National Pension System (NPS) for around 24 lakh central government employees, employee unions and experts flagged multiple issues in the scheme. One of the issues they raised pertained to the denial of pension benefits till actual superannuation on voluntary retirement
India added 3.8 gigawatt (GW) of solar open access capacity in the first half of the calendar year 2025, down over 4% from 3.9 GW added in the first half of 2024, as per data from Mercom. In the second quarter of 2025, the country added 2.7 GW of solar open access capacity. ALSO READOrder
Cement stocks are once again on Dalal Street investors’ radars with the monsoon season expected to get over the next 2-3 weeks and peak construction activity expected to restart in most parts of the country. Also, with the government recently announcing that GST on cement industry would shortly fall to 18% from 28%, and lower
8th Pay Commission latest update: In a relief for over 1 crore central government employees and pensioners, the Centre has said it is “actively consulting” state governments on the 8th Pay Commission matter and an announcement can be expected soon with regard to the constitution of the panel. A delegation from the Government Employees National
The ministry of heavy industries (MHI) has proposed a Rs 13,000-crore incentive scheme for the construction equipment sector with the aim of strengthening domestic manufacturing and reducing import dependence. The scheme is under discussion with key ministries and is expected to be taken up for Cabinet approval in the coming months, officials told Fe. ALSO
