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India's First GIFT City IPO by XED postponed to March 16 due to Middle East conflict
XED Executive Development's IPO has been postponed to March 16, 2026, due to Gulf region uncertainties. The inaugural IPO from GIFT City aims for a $12 million raise, offering US dollar-denominated shares to qualified investors, including NRIs and foreign portfolio investors.
Kotak Mahindra Bank stock rises as brokerages bullish after Deutsche Bank India retail business acquisition
Brokerages remained constructive on Kotak Mahindra Bank after its proposed acquisition of Deutsche Bank India's retail, private banking and wealth management business. Analysts said the deal strengthens Kotak's retail franchise, appears reasonably priced and could be earnings or return-on-equity accretive.
The AI divide | Why the Indian market is lagging Asian peers
India is sitting out the biggest wealth-creation theme of the decade. While Taiwan and South Korea markets rode the AI wave to trillion-dollar gains, India watched from the sidelines.