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TBO TEK, HDB Financial Services, Castrol India shares surge amid heavy volumes; check full list - Upstox
TBO TEK, HDB Financial Services, Castrol India shares surge amid heavy volumes; check full listUpstox
‘True test of capitalism’, says billionaire banker Uday Kotak on SpaceX IPO market debut
Commenting on the blockbuster debut, Kotak said the company's valuation challenges traditional financial benchmarks and reflects a substantial wager on future growth and innovation.
Fairy Tale Or Mega Bubble? Uday Kotak Calls SpaceX IPO A 'Test for Capitalism'
Kotak said the valuation does not fit traditional financial models and represents a large bet on the future of space exploration.
Uday Kotak calls SpaceX IPO a ‘true test for capitalism’ after stellar market debut
Reacting to SpaceX's blockbuster market debut, Kotak said the company's valuation defies conventional financial metrics and represents a massive bet on the future.
RBL Bank taps HDFC veteran Bhavin Lakhpatwala as CFO
RBL Bank has appointed Bhavin Lakhpatwala as its new Chief Financial Officer. Lakhpatwala joins from HDFC Bank, bringing over 25 years of finance experience. This appointment fills a vacant position and comes as Emirates NBD moves to acquire a controlling stake. The new CFO is expected to guide the bank through its ownership transition and future growth phase.
Sebi plans to ease KYC rules for FPIs, offer more clarity to global capital
India’s financial watchdog, Sebi, is gearing up to make the investment terrain more inviting for foreign investors by reforming the Know Your Customer rules. This effort aims to strip away unnecessary complexities in compliance, enticing global funds to explore Indian markets. Moreover, Sebi plans to revisit disclosure guidelines and introduce fresh long-term equity derivatives.
Stable crude, strong metal demand and El Nino plays drive opportunities: Motilal Oswal's Khemka
Siddhartha Khemka, Head of Research-Wealth Management at Motilal Oswal Financial Services, says easing geopolitical tensions could keep crude oil prices stable, supporting oil marketing companies. He remains positive on GNG Electronics due to strong growth prospects in refurbished electronics and prefers Hindalco among aluminium stocks, citing a multi-year demand cycle. Khemka also sees long-term value in Manappuram Finance and believes Voltas and Varun Beverages could benefit from a potential El Niño-led heatwave.
AB Group reaffirms bet on Voda Idea with ₹4,730 Cr infusion
Vodafone Idea shareholders approved a ₹4,730-crore investment from the Aditya Birla Group via preferential allotment of warrants, increasing AB Group's stake to around 13%. Chairman Kumar Mangalam Birla stated the company's focus now shifts to execution across operations, customer service, and network expansion. This capital infusion will support capital expenditure and loan repayment, reinforcing Vi's financial health.
Explained: How SpaceX’s $75 billion IPO could create opportunity for Inox India shareholders
As Elon Musk's SpaceX heads for a blockbuster IPO, investors are turning their attention to INOX India, a cryogenic technology specialist with growing exposure to the global aerospace industry. The company's recent US aerospace order and strong financial performance have fuelled optimism, sending its shares sharply higher
Explained: How SpaceX’s $75 billion IPO could create opportunity for Inox India shareholders
As Elon Musk's SpaceX heads for a blockbuster IPO, investors are turning their attention to INOX India, a cryogenic technology specialist with growing exposure to the global aerospace industry. The company's recent US aerospace order and strong financial performance have fuelled optimism, sending its shares sharply higher
Lenskart Solutions sees Rs 1,862-crore block deal; ADIA likely seller
Eyewear retailer Lenskart Solutions experienced a significant block deal valued at Rs 1,862 crore. Abu Dhabi Investment Authority, through its investment vehicle, sold a portion of its shares. This follows a similar stake sale by SoftBank. Despite early investors reducing holdings, Lenskart's revenue surged in the January-March quarter. The company also reported strong full-year financial performance.
Stock Picks Today: Bullish On Meesho, Max Financial, PhysicsWallah, NALCO On Brokerage Radar
Check out top stocks under brokerages' radar heading into trade today.