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Oyo has received board approval to pursue a fresh IPO filing, highlighting improved Q1 results and FY25 EBITDA of 1,100 crore. Bankers project a $78 billion valuation, supported by growth in India, US, and emerging markets.
Category:
News and Media
Mukesh Ambani announced Reliance Jio's IPO is expected in the first half of 2026, potentially India's largest ever. The IPO aims to fuel Jio's expansion into home internet, AI, and other digital services. Jio's strong financial growth, including a 25% profit increase and rising ARPU, positions it favorably for investors.
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News and Media
The National Stock Exchange (NSE) will hold a mock trading session this Saturday across various segments, including equities and derivatives. This exercise allows brokers to test their systems before a mandatory software migration on September 6. The session aims to identify potential glitches and strengthen market resilience. Participants must upgrade to NEAT+ version 7.8.
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News and Media
Equity mutual funds witnessed a significant surge in inflows, jumping 81.06% month-on-month to 42,673 crore in July 2025, driven by retail investors seeking long-term wealth creation. Sectoral and thematic funds led the way, followed by flexi-cap and small-cap funds, reflecting optimism in India's economic trajectory. SIPs and improved financial literacy have helped investors navigate market volatility more rationally.
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News and Media
Gold and silver prices surged as investors sought safe-haven assets amid dollar index weakness and global uncertainties. MCX gold October futures hit Rs 1,02,226/10g on Friday. Strong demand, geopolitical risks, and tariff concerns continue to support bullions upward momentum.
Category:
News and Media
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