Foreign investors have pulled out a staggering $244 million from India-focused funds this week, according to Elara Capital.
Category: markets
Proceeds from the IPO will be used to strengthen the company’s Tier-1 capital base, supporting future capital requirements, including onward lending. Tata Capital, the financial services arm of the Tata Group, filed draft papers in April through the confidential pre-filing route and secured approval from the market regulator, SEBI, in July.
Commodities market experts said upbeat US macroeconomic data released on Thursday fuelled uncertainty over the pace of interest rate cuts by the Federal Reserve, helping the dollar stay near a three-week high. This limited gains in the yellow metal prices.
The National Stock Exchange (NSE) has announced a special ‘Muhurat Trading’ session on the occasion of Diwali.
Vietnamese electric vehicle (EV) manufacturer VinFast is looking to appoint Hyundai India’s Tapan Ghosh for the position of CEO in India.
Foreign Portfolio Investors (FPIs) have withdrawn 7, 945 crore from Indian equities so far this month.