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NHAI-backed Raajmarg Infra Investment Trust's IPO to open on Mar 11
State-owned NHAI-sponsored Raajmarg Infra Investment Trust (RIIT) is gearing up to launch its Rs 6,000 crore Initial Public Offering (IPO). The InvIT's maiden public offering will open on March 11 and conclude on March 13, while the bidding for anchor investors will take place on March 10, according to a public announcement on Monday. The initiative marks an important step in broadening public participation in the National Highway infrastructure growth story. The public InvIT aims to unlock the monetisation potential of the National Highway assets while creating a high-quality, long-term investment instrument primarily targeting retail and domestic investors. As per the Red Herring Prospectus (RHP), Raajmarg Infra Investment Trust's IPO issue size aggregates up to Rs 6,000 crore. This was an increase from Rs 5,700 crore planned at the time of filing draft papers in January. Earlier, NHAI had incorporated Raajmarg Infra Investment Managers Pvt. Ltd. (RIIMPL) as the investment mana
MapmyIndia Co-Powers Report Highlighting India's Retail Transformation and Non-Metro Growth - scanx.trade
MapmyIndia Co-Powers Report Highlighting India's Retail Transformation and Non-Metro Growthscanx.trade
Goldman Says It’s Unlike Private Credit Peers Hit by Redemptions
Goldman Sachs Group Inc.’s asset management arm has sought to reassure clients that redemption rates and software exposure are both relatively low in one of its biggest retail-oriented private credit funds.
Auto sales preview: Strong retail demand to drive double-digit wholesale growth in February: Report
February's wholesale numbers for domestic auto companies are anticipated to show double-digit growth, led by strong demand and new vehicle launches. Major OEMs like Mahindra & Mahindra and Tata Motors expected to see significant sales boosts.
Sebi’s lower social-impact entry bar raises retail mis-selling concerns - Mint
Sebi’s lower social-impact entry bar raises retail mis-selling concernsMint
Sebi’s lower social-impact entry bar raises retail mis-selling concerns
Market participants are concerned that the lack of awareness about the segment can lead retail investors to not understand the nature of the product they are buying.
Tata Investment Corp. shares rises 18% in 5 days on N Chandrasekaran’s likely third term at Tata Sons
Tata Investment Corporation shares have surged over 18% in five days, driven by speculation that N Chandrasekaran will secure a third term as Tata Sons Chairman. This development is significant as Tata Sons holds a majority stake in the company. The stock's rally is supported by strong technical indicators and growing retail investor interest.
Intellect Design launches AI-powered banking platform to make services simpler
Intellect Design Arena has launched an AI-powered banking platform designed to help banks offer simpler, multilingual and more accessible services to retail and SME customers.