India’s top constitutional leaders, including President Droupadi Murmu, Vice President C. P. Radhakrishnan, and Lok Sabha Speaker Om Birla, paid floral tributes to Bhagwan Birsa Munda on the occasion of Janjatiya Gaurav Diwas at the Parliament premises on Friday. The solemn ceremony, held at Prerna Sthal, marked the birth anniversary…
Tag: #StockMarket
Groww IPO Subscribed 17.6x; GMP Dips to ₹6.5 Ahead of Listing
New Delhi, November 7, 2025: Billionbrains Garage Ventures the parent of investment platform Groww closed its three-day initial public offering with robust demand, recording an overall subscription of 17.6 times. Despite heavy bidding, the grey market premium (GMP) cooled to ₹6.5 per share, signalling modest listing expectations for November 12….
Warren Buffett’s Berkshire Cash Surges to Record $382 Billion
New Delhi, November 1, 2025: Warren Buffett’s Berkshire Hathaway Inc. has achieved a historic milestone, amassing a record cash reserve of $381.7 billion in the third quarter of 2025. The surge in liquidity highlights the company’s cautious investment strategy amid volatile global markets and declining short-term interest rates. Operating Profit…
SEBI Bars Mutual Funds from Pre-IPO Investments
New Delhi, October 24: The Securities and Exchange Board of India (SEBI) has barred mutual fund schemes from investing in pre-IPO placements of equity shares and related instruments, restricting them to participate only in the Anchor Investor portion or the public issue of an Initial Public Offering (IPO). The directive,…
RBI Holds Repo Rate at 5.5%, Cuts Inflation Forecast to 2.6%
Mumbai, October 1: The Reserve Bank of India’s (RBI) Monetary Policy Committee (MPC) kept the repo rate unchanged at 5.5% on Wednesday, citing easing inflation and resilient growth momentum. The decision comes at the conclusion of its three-day meeting, chaired by Governor Sanjay Malhotra. Repo Rate Held Steady, Neutral Stance…
22 IPOs Set to Raise ₹5,000 Crore in Blockbuster Week
India’s primary market is set for a record-breaking week as 22 companies prepare to launch their initial public offerings (IPOs). Eight mainboard listings and 14 small and medium enterprise (SME) offerings together aim to raise close to ₹5,000 crore, reflecting strong investor appetite and bullish market sentiment. Mainboard IPOs Lead…
