Pace Digitek Ltd has submitted its draft red herring prospectus (DRHP) to the Securities and Exchange Board of India (SEBI) to launch an initial public offering (IPO) worth ₹900 crore. The IPO comprises a fresh issue of equity shares, each
India is facing a growing retirement crisis, with pension assets making up just 3% of its GDP—far behind countries like Japan (31%) and the US (98%). For most Indians, this means the government won’t be able to support them in
The National Payments Corporation of India (NPCI) has announced new regulations for Unified Payments Interface (UPI) number-based transactions, set to take effect from April 1, 2025. As part of these changes, banks and Payment Service Provider (PSP) apps must update
Congress leader P Chidambaram has raised concerns over the lack of parliamentary discussion or consultation with opposition parties regarding US President Donald Trump’s tariff policies. He warned that if Trump were to single out India, the country’s economy could face
In its March Market Pulse, the NSE referenced a widely cited research paper by Supriya Katti, Edward R. Lawrence, and Mehul Raithatha, highlighting that factors such as IPO grading, pre-auction subscription rates, stock market analyst recommendations, grey market premium (GMP),
Shares of Adani Green Energy Ltd witnessed a slight uptick in early trading after its wholly owned subsidiary, Adani Renewable Energy Holding Twelve Limited (AREH12L), secured a Letter of Award (LOA) from Uttar Pradesh Power Corporation Limited (UPPCL). The award pertains to the supply of 400 MW of
