Ten dead after a shooting in Canadian province of British Columbia, CBC News reports A shooting in Tumbler Ridge, British Columbia, has resulted in ten fatalities, including the suspected shooter. Six victims were discovered at a high school, with two more found at a connected residence. An additional person died en route to the hospital, […]
Upstox is not in a rush to go public, with the brokerage prioritising profitability and business diversification amid a tougher regulatory and market environment. The company is targeting a 2.3x jump in profit after tax to around ₹500 crore in FY26, driven by higher monetisation, operating leverage and growth in non-equity segments, said CEO and […]
Fractal Analytics on Friday said it has raised Rs 1,249 crore from anchor investors ahead of its proposed initial public offering (IPO), after allotting 1,38,69,499 equity shares to 52 anchor investors at the upper end of the price band of Rs 900 per share. The IPO will open for public subscription on Monday, February 9, […]
The National Stock Exchange of India (NSE) on Friday said its governing board has approved plans to undertake an initial public offering (IPO) through an offer for sale (OFS) by existing shareholders. NSE said the IPO will involve the listing of its equity shares on one or more recognised Indian stock exchanges, subject to applicable […]
The merger could strengthen Musk’s push to build AI-powered data centres in space, reducing energy costs and boosting competitiveness against rivals like Google, Meta and OpenAI | Photo Credit: NEW YORK, Jan 29 (Reuters) – Elon Musk’s SpaceX and xAI are in discussions to merge ahead of a blockbuster public offering planned for later this […]
SpaceX has lined up four banks to lead its initial public offering, according to the Financial Times, as Elon Musk’s rocket and satellite firm moves forward with plans for the biggest-ever listing. SpaceX told its employees in December it’s entering a quiet period and that they should refrain from discussing the IPO (AFP) The company […]
PhonePe Ltd. has updated its draft papers for what’s set to India’s biggest initial public since at least October 2025, but a clear timeline for listing wasn’t immediately available. When it goes on the floors, the PhonePe IPO will be India’s largest IPO since Tata Capital’s $1.7 billion share sale in October 2025. On offer […]
India’s largest payments app PhonePe has received regulatory approval for an initial public offering, except it has to file updated draft papers. That sets the stage for one of the most anticipated fintech IPOs in India. PhonePe leads India’s digital payments ecosystem with over 45% market share in UPI transactions. (HT) The PhonePe IPO is […]
Jio Platforms Ltd. is said to have chosen Morgan Stanley and Goldman Sachs to lead its blockbuster IPO that would peg the valuation of India’s largest telecom operatort at $133-182 billion. The Jio Platforms IPO is likely to an even split of new shares and those offloaded by existing private-equity shareholders. (Bloomberg) The digital unit […]
Shares of Bharat Coking Coal Ltd., India’s biggest coking coal miner operated by Coal India Ltd., nearly doubled over the IPO price upon listing today. Bharat Coking Coal is a unit of government-owned Coal India, one of the largest miners in the world. (Reuters) Bharat Coking Coal’s share price surged as much as 96.56% over […]