The primary market is active with three mainboard IPOs: Lenskart, Orkla India, and Studds Accessories. The Orkla India IPO, closing today, has notably drawn interest from non-institutional investors. Studds Accessories is fully subscribed, while Lenskart is gaining traction as investors assess its valuations. Trends in grey market premiums and expert insights are also under consideration….
The partnership between Wipro and HanesBrands utilizes Wipro’s AI platform, WINGS, as part of HanesBrands’ IT 2.0 transformation initiative. Wipro will overhaul HanesBrands’ IT infrastructure and cybersecurity operations with an AI-first approach, as announced in a recent filing. The partnership between Wipro and HanesBrands utilizes Wipro Intelligence WINGS, a proprietary AI platform, to support HanesBrands’…
The lean patch of Suryakumar Yadav is currently viewed as a minor topic amidst the positive atmosphere surrounding his team’s winning streak and collective achievements. However, this situation could change quickly, transforming into significant concern and debate if the team’s performance declines and Yadav’s form does not improve. Added to this is the complexity of…
The Loktak Hydroelectric Project, a vital power source for Manipur and the wider northeastern region, is facing serious logistical hurdles that are delaying ongoing renovation and modernization work, officials from NHPC Ltd. informed Manipur Governor Ajay Kumar Bhalla during a high-level meeting at the Raj Bhavan on Monday. Gursharan Singh, Head of Project at NHPC…
Washington’s recent tariff moves have put pressure on Indian exports to the US. Half of the 50% tariffs the US placed on Indian commodities in August were punitive measures related to India’s imports of Russian energy. Following multiple rounds of negotiations, India and the US are making great strides toward concluding a new bilateral trade…
In keeping with the pattern shown during its last share dilution in FY21, ICICI Securities anticipates Jio Platforms Ltd. (JPL) to make its debut at premium valuations above listed peers. JPL raised financing with a valuation of $65–70 billion at that time, already commanding a premium to Bharti India at 14–14.7 times FY22 one-year forward…
Some of the major benefits that the government highlighted on Saturday were attributed to the GST 2.0 reforms that were implemented on September 22. These included a sharp increase in sales, particularly of electronics and consumer goods; lower prices for essential everyday items; and an overall push to consumption that may even show up in…
In just one Australian match, a well-known query has come up. “What keeps Kuldeep Yadav out of the starting lineup?” The situation in Australia is similar to that in England, when he was consistently passed over for a berth in the starting lineup by all-rounders. It may seem like a step backwards for India to…
The development of a new cancer care facility at Tata Memorial Centre’s Advanced Centre for Treatment, Research & Education in Cancer in Navi Mumbai has begun, according to a statement released by ICICI Bank and TMC. The facility, which will be one of India’s largest radiation therapy centers and be furnished with state-of-the-art cancer treatment…
The 134th Raising Day Parade of the Manipur Police was held today at the 1st Battalion Manipur Rifles Parade Ground in Imphal, with Governor Ajay Kumar Bhalla gracing the occasion as the chief guest. The event celebrated the courage, discipline, and dedication of the state’s police personnel, highlighting their exemplary service to the community. Governor…
