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Adon Agro Commodities IPO: BSE SME declares price band at ₹66 to ₹70. GMP, lot size and key details
Adon Agro Commodities Limited will open its IPO on June 29, 2026, aiming to raise ₹44.03 crore. The price band is set at ₹66-70 per share, with allocations for QIBs, NIIs, and retail investors. Proceeds will support working capital and corporate purposes.
Sebi seeks clarification from Jio Platforms on IPO filing
India's capital markets regulator Sebi has requested clarifications from Jio Platforms regarding its draft IPO papers. This move signals a crucial step towards what is anticipated to be the nation's largest public offering, aiming to raise approximately Rs 35,000 crore. The company plans to utilize these funds primarily for debt repayment and future expansion, marking a significant value-creation milestone for Reliance Industries.
India's AI infrastructure opportunity is being underestimated, says Abhay Laijawala
Abhay Laijawala, MD & CIO-India at Lighthouse Canton, believes key concerns weighing on India—including oil prices, currency stability and the perception that India lacks an AI story—are turning into tailwinds. He argues investors are overlooking India's role in the global AI infrastructure buildout, spanning data centres, power, cooling systems and capital goods. Laijawala is positive on engineering, capital goods and textiles, while remaining cautious on consumer staples due to El Niño risks.
Aastha Spintex IPO: Price band set at ₹125-136 per share; check key dates, issue details
Aastha Spintex IPO offers shares at ₹125 to ₹136, open for subscription from June 29 to July 1. The offering allocates shares to QIBs, NIIs, and retail investors, aiming to raise ₹170 crore for acquisitions and working capital.
Adani Ports Upgraded To 'BBB' By S&P Global As Strong Cash Flows Support Expansion Plans
The global ratings agency also upgraded the rating on Adani Ports' senior unsecured notes to 'BBB' and assigned a stable outlook, reflecting its expectation that the company will maintain a net debt-to-EBITDA ratio of around 2.6 times over the next 12 to 24 months despite elevated capital expenditure.
Alpha Wave sells entire 1.9% stake in Delhivery; stock falls over 2%
Global investment firm Alpha Wave Global has divested its entire 1.93% stake in logistics giant Delhivery for Rs 665 crore. This significant exit saw the firm offload over 1.44 crore shares. In related news, venture capital firm Nexus Venture Partners also sold a substantial stake in Delhivery, while Mirae Asset Venture Investments reduced its holding in logistics firm Shadowfax Technologies.
Lithium Urban bags investment from JSW Green Mobility, co eyes 3-fold growth in 2 years
Lithium Urban Technologies, backed by Eversource Capital, has secured a strategic investment from JSW Green Mobility to fuel a three-fold growth over the next two years. This move aims to boost the company's expansion in response to surging demand for sustainable, tech-driven mobility solutions.
India realty investment defies global volatility; institutional inflows rise 23% in H1
India's real estate investment surged 23% to $4.33 billion in H1 2026, driven by robust domestic capital. Despite global headwinds, 54 deals marked a record half-year. Domestic players funded 64% of investments, offsetting a foreign capital dip. The office sector led with $2.3 billion, attracting significant domestic interest due to strong occupier demand and attractive yields. Experts anticipate foreign inflows to rise as uncertainties ease.
AI to remain both the biggest market driver and risk over the coming quarters, says Invesco
David Chao, Global Market Strategist–Asia Pacific at Invesco, believes India's investment case is improving, supported by lower crude oil prices, strengthening earnings expectations and expanding corporate margins. While valuations remain relatively expensive, he expects Indian equities to deliver strong performance in the second half of the year, with financial and banking stocks emerging as key beneficiaries of rising demand for capital.
Stocks To Buy Today: Kush Bohra Recommends Aditya Birla Capital, IKS And More — Check Target Price
Technical analyst Kush Bohra shares his top picks for the day.
PwC sees India’s asset wealth market doubling to $1.7 trillion by 2030
PwC says Indias AWM AuM will nearly double to $1.7 trillion by 2030, driven by digital retail investing, institutional capital, AIF growth, and GIFT City's expanding role.
Buy the dip in gold, silver; new highs still ahead: Swiss Asia Capital CIO
Juerg Kiener, Managing Director and CIO of Swiss Asia Capital (Singapore) expects both precious metals to hit fresh highs, supported by tight inventories, inflation risks and future economic stimulus.