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Jio Platforms IPO: From AI ambitions to broadband expansion, 10 things to know from DRHP
Jio Platforms Ltd filed draft papers for an IPO to raise ₹37,700 crore, marking Reliance Group's first public offering in nearly 20 years. It plans to issue up to 27 crore new shares, representing 2.9% of post-issue equity capital.
Akash Ambani and team prepare Jio for a historic market debut
The Reliance Group company plans to raise funds through a primary issuance of 270 million equity shares, representing around 2.9% of its post-issue share capital, with proceeds earmarked largely for repayment or prepayment of outstanding borrowings worth ₹27,500 crore.
Reliance AGM 2026 Preview: New energy push, Jio Platforms listing roadmap and capex strategy in focus
Reliance Industries' AGM on June 19 is expected to offer fresh insights into the conglomerate's next growth engines, with investors awaiting updates on its solar and battery projects, progress towards the Jio Platforms listing and the group's evolving capital allocation strategy.
Remittances, services surplus lift India to $4.7 billion current account surplus in April
India achieved a significant current account surplus of $4.7 billion in April. This positive shift was driven by robust inward remittance flows. The services sector also contributed to the surplus. However, higher imports, particularly crude oil, led to a merchandise deficit. Foreign portfolio investors withdrew funds amid global conflicts, impacting the capital account.
Axis Capital picks Gujarat Gas, HPCL and Oil India as top bets in oil and gas space
Amit Murarka, Executive Director at Axis Capital, said the brokerage sees the best opportunities in the distribution segment, where valuations have turned attractive after a prolonged period of weakness.
Why top fund managers think foreign investors could return to India
India's market outlook is improving as oil prices ease and geopolitical risks recede. Sunil Singhania, Founder of Abakkus Asset Manager, Prashant Khemka, Founder, Whiteoak Capital and Nilesh Shah, Managing Director at Kotak Mahindra AMC explain why foreign investor sentiment could improve, where earnings growth is strongest, and which sectors—from banks to renewables—offer the most compelling opportunities.
Capital Market stocks: HDFC AMC, MOFSL, Nuvama rally up to 6%; here's why
With the dawn of peace in West Asia, hopefully, and the consequent sharp correction in Oil, the prospects for the Indian economy and stock market have turned for the better, says Vijayakumar of Geojit
India's growth story could regain momentum as oil risks fade, say global market strategists
Ed Yardeni, President of Yardeni Research and Arvind Sanger, Managing Partner of Geosphere Capital Management discuss the implications of easing geopolitical tensions, India's investment outlook, the future of the AI-driven market rally, emerging-market opportunities and whether elevated US valuations are creating a stronger case for global diversification.
India's vegetable oil imports jump 8% on year in May
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Vedanta group's 4 demerged businesses set for stock market debut on June 15
Vedanta group's four demerged businesses are expected to list on the Bombay Stock Exchange and National Stock Exchange on Monday, sources said. Besides Vedanta Ltd, which is already listed, the shares of four newly created entities --Vedanta Aluminium Metal (VAML), Vedanta Oil & Gas (VOGL), Vedanta Power and Vedanta Iron & Steel (VISL) -- will begin trading on Indian stock exchanges. The much-awaited demerger is likely to unlock substantial value for shareholders since each company will now operate independently and raise capital as per its business plans, while giving investors an opportunity to invest in a specific sector. Vedanta's demerger was approved by the National Company Law Tribunal in December last year. Under the 1:1 approved demerger scheme, shareholders will receive one share of each demerged company for every one share held in the currently listed Vedanta Ltd. During an investors' call after the fourth quarter financial results, Vedanta Resources CEO Deshnee ...
Rupee jumps 39 paise to open at 95.37 against US dollar
Rupee rises to 95.37 against USD, driven by declining oil prices and hopes for an Iran peace deal. Record inward remittances of USD 110.47 billion in FY26 offer some relief, but long-term stability requires consistent foreign capital. Analysts urge caution amid geopolitical tensions.
Banks pay 7% on dollar deposits as India seeks fresh foreign currency
Indian banks are significantly increasing rates on foreign-currency deposits to attract overseas residents, testing the central bank's new measures to boost capital inflows and support the rupee. This strategy aims to strengthen the currency amidst high oil prices and intense domestic deposit competition.