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IT electronics refurbishing company EPW India on Saturday said it has raised Rs 9.04 crore from anchor investors ahead of the launch of its initial share-sale for public subscription. The company has allotted over 9.32 lakh equity shares to Resonance Opportunities Fund, Universal Golden Fund and Getfive Opportunity Fund – I at an anchor investor…
India and Oman are set to sign a Comprehensive Economic Partnership Agreement (CEPA) on December 18, a move that will deepen economic ties and anchor India’s expanding trade and strategic footprint in the Gulf, according to a report by the Global Trade Research Initiative (GTRI).The agreement, to be inked in Muscat during Prime Minister Narendra…
OpenAI is reportedly in advanced talks with Tata Group, specifically TCS, to establish AI compute infrastructure in India. This collaboration aims to build agentic AI solutions for enterprises, marking a significant step for both companies. The partnership follows OpenAI’s earlier discussions with Reliance Industries, which did not materialize. ChatGPT-maker is reportedly in talks with Tata…
Sebi has barred mutual fund schemes from investing in pre-IPO share placements but will allow participation in anchor rounds of public issues, a source told PTI citing the move is intended to improve liquidity and ensure clearer valuation of companies ahead of listing.“We have asked mutual fund schemes not to invest in pre-IPO placement of…
Samsung has announced a sweeping $310-billion investment plan over five years, aimed largely at expanding semiconductor and AI-enabling infrastructure as the global artificial intelligence boom drives unprecedented demand. The package, unveiled on Sunday, strengthens South Korea’s position as one of the world’s leading chip and AI hubs and builds on the country’s broader strategy to…
NEW DELHI: Pakistan took advantage of poor catching by South Africa to post 259-5 on the opening day of the second and final Test in Rawalpindi on Monday. Had the tourists held onto the five chances they dropped on a turning pitch, they would have been in a stronger position after Pakistan won the toss…
Canara HSBC Life Insurance Company Ltd NEW DELHI: Canara HSBC Life Insurance Company Ltd on Thursday said it has raised a little over Rs 750 crore from anchor investors, just a day before its initial share-sale opening for public subscription.The anchor book received participation from institutional investors including ICICI Prudential Mutual Fund (MF), HDFC MF,…
Anshula Kapoor shared a heartfelt Instagram tribute to brother Arjun Kapoor, praising him as her “anchor” and “calm in every storm.” Arjun replied with a protective message, remembering their late mother and welcoming Rohan Thakkar into the family. He was last seen in ‘Mere Husband Ki Biwi’. On Monday, Anshula Kapoor shared a touching tribute…
India’s strong economic fundamentals have positioned the country as a pillar of stability in a turbulent world, Reserve Bank governor Sanjay Malhotra said on Friday.He stated that the ongoing trade policy landscape restrictions could perhaps pose permanent damage to the growth of some economies, though India remains firm.“This is quite a feat…makes India stand out…
