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SBI Funds Management IPO priced at ₹545-574 per share
SBI Funds Management IPO priced at ₹545-574 opens July 14, aiming to raise ₹11,962 crore and enhance visibility.
India’s listed new-age companies may hit $1 trillion market value by 2030: Redseer
India's new-age firms are set to hit a valuation of one trillion dollars by 2030, with approximately 210 companies preparing to enter public markets within the next two years. There’s a noticeable uptick in participation from domestic institutional investors …
Arranged marriage ended in murder after cheating Amazon software engineer and his wife moved to ritzy Pacific Northwest enclave, prosecutors say
Avinash Narne, 30, pleaded not guilty on Tuesday to first-degree murder eight months after his wife Raajitha Sabbineni, 27, was found dead in their home near Seattle.
US-Iran war: Defence funds surge, IT lags; experts share what mutual fund investors should do
Since the start of the US-Iran war in February, the Nifty Defence Index has delivered positive returns of 18.7%, while the Nifty IT Index declined 12.5%. Experts advise investors to avoid short-term reactions, focus on diversified funds, and use SIP investmen…
India a top strategic priority as Europe ages, says Amundi
Europe's largest asset manager says India has become one of its most important growth markets as ageing demographics slow expansion in Europe
Sensex today | Stock Market Live: Sensex ends 238 points higher; Nifty closes above 23,950
Sensex, Nifty, Share Prices LIVE: Indian markets closed modestly higher, with the Sensex rising 0.31 per cent and the Nifty gaining 0.34 per cent. Advancing stocks outnumbered decliners by more than two to one, reflecting broad-based buying interest.
Pro Team Sponsors Explained
The annual look at pro team sponsors and what they do. UAE Team Emirates-XRG Presented in order of team numbers at the Tour, this team is also the richest and backed by United Arab Emirates, the petrostate that includes the cities of Abu Dhabi and Dubai. Emir…
SBI Funds Management IPO: 10 key things to know about Rs 11,693 crore public issue
SBI Funds Management's (SBI Mutual Fund) initial public offering worth up to Rs 11,693 crore is all set to open for public bidding next week. India’s largest lender State Bank of India (SBI) is set to offload some of its stake in what is India’s biggest publi…
SBI Funds Management IPO: What portion is reserved for SBI's 38 lakh shareholders?
SBI Funds Management's Rs 11,693-crore IPO has earmarked up to 1.3 crore shares worth nearly Rs 750 crore for eligible SBI shareholders. The offer opens on July 14, with over 38 lakh SBI shareholders eligible to apply under the reserved category, subject to m…
What happens at a NATO Summit: Decisions, agenda and why it matters?
NATO Summit explained: NATO leaders met in Ankara, Turkiye, for their annual summit. Discussions focused on defense investment and continued support for Ukraine. Allies pledged significant military aid for Ukraine through 2027. Tensions arose over Iran and de…
SBI Funds Management IPO: GMP and other key details investors should know about Rs 11,693 crore offer
SBI Funds Management’s Rs 11,693-crore IPO has drawn investor attention ahead of its opening, with grey market trends indicating a potential listing price of around Rs 644, a premium of nearly 13% over the upper price band. The IPO is set to be the largest of…
Financial literacy for students: The skills Indian schools still aren't teaching
Financial literacy for students refers to the ability to manage money: budgeting, saving, investing, and recognising fraud. Only 16.7% of Indian students pass a basic financial literacy test, and most only learn it after a grave financial mistake, which makes…
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