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Source: Live Mint Swiggy’s IPO includes a new offering worth ₹4,499 crore, along with an offer-for-sale (OFS) of 175,087,863 equity shares from the company’s selling shareholders. In the OFS, the shareholders selling their stakes include Accel India IV (Mauritius) Ltd, Apoletto Asia Ltd, Alpha Wave Ventures, LP, Coatue PE Asia XI LLC, DST EuroAsia V…
Source: Live Mint On Wall Street the S&P 500, the Nasdaq and the Dow Jones rose to all-time highs on Wednesday as Donald Trump won the 2024 US presidential election. The Dow Jones Industrial Average rose 1,450.11 points, or 3.43 per cent, to 43,671.12, the S&P 500 advanced 138.27 points, or 2.39 per cent, to 5,920.87…
Source: Live Mint Donald Trump’s second victory in the US Presidential Elections in 2024 boosted equity markets on Wednesday, November 6, driven by bets on lower corporate tax rates, favourable tariffs, and deregulation, lifting shares of banks, locally focused small-cap companies, and Trump-related stocks. In what Trump described as the “greatest political comeback” in US…
Source: Live Mint By Koh Gui Qing and Dhara Ranasinghe NEW YORK/LONDON -Wall Street marched to record highs on Wednesday and major stock markets around the world surged, while bitcoin hit an all-time-high and the dollar was set for its biggest one-day jump in four years after Donald Trump was elected U.S. president. Trump’s decisive…
Source: Live Mint HOUSTON -Oil prices turned positive on Wednesday after falling by more than $2, despite U.S. crude stocks rising by more than expected, according to the Energy Information Administration . Brent crude oil futures were up 38 cents, or 0.5%, at $75.91 per barrel by 11:07 a.m. EDT. U.S. West Texas Intermediate crude…
Source: Live Mint Catch all the Business News , Market News , Breaking News Events and Latest News Updates on Live Mint. Download The Mint News App to get Daily Market Updates. Business NewsMarketsIPONiva Bupa Health Insurance IPO: Erstwhile-Max Bupa raises ₹990 crore from anchor investors ahead of subscription Read Full Article
Source: Live Mint ACME Solar Holdings Limited’s initial public offering (IPO), through a book-building process, offers a fresh issue and an offer-for-sale (OFS) component, opened for subscription on Wednesday, November 6. The public offer was subscribed 39 per cent on the first day as investors bid for 2.27 crore shares, compared to 5.82 crore shares…
Source: Live Mint Mumbai: Former US president Donald Trump’s return to the White House fuelled a market rally in India on Wednesday, propelled by technology stocks, riding hopes that his pro-business stance will spur spending and growth in the world’s largest economy. Indian benchmark indices, which tracked global peers to rally by over 1% each…
Source: Live Mint With the Donald Trump-led Republican Party securing a thumping majority in the US Presidential Elections, cryptocurrencies have turned out to be a clear winner. Bitcoin (BTC) rose nearly 10 per cent to hit $75,000 during the day, and meme coin Dogecoin surged 17 per cent to hover around $0.1986. Intraday, Elon Musk-backed…
Source: Live Mint “President Donald Trump’s US election win is positive for India, whereas Trump’s America First approach means a more bilateral rather than a multilateral approach to foreign policy. In Asia, he is likely to maintain a hawkish stance towards China. Countries will be pressed to take sides, increasing polarization risks. If overall sentiments…
