India’s primary market is poised to maintain its strong momentum in 2024, fueled by a robust pipeline of initial public offerings (IPOs). So far, 75 mainline IPOs have debuted on the stock exchanges, as per the BSE IPO performance tracker.   This number is expected to grow further, with 29 [...]

Construction materials provider Infra.Market on Friday said it has sold a minority stake in its subsidiary RDC Concrete for $20 million (about Rs 166 crore) in a round led by Zerodha co-founder Nikhil Kamath. The round saw participation from investors such as Capri Global Family Office, Verity Knowledge Solutions CEO [...]

Implementing the guidelines proposed in the RBI’s draft on gold loans will slow down the asset growth of non-bank financiers in the segment, as per a report released on Tuesday. According to a Crisil report, the draft focuses on loan to value (LTV) and renewal/top-up of bullet loans which may [...]