Business News Live Updates Sensex Nifty Stock Market Interest Rate Rupee Inflation IPO Global Woes Rising US Treasury Yields RBI MPC

Business News Live Updates Sensex Nifty Stock Market Interest Rate Rupee Inflation IPO Global Woes Rising US Treasury Yields RBI MPC

Rupee Slips 6 Paise To Hit 83.13 Against US Dollar In Early Trade The rupee depreciated 6 paise to touch 83.13 against the US dollar in the morning session, due to surging crude oil prices and dollar demand from importers. Forex traders noted that the domestic unit is trading in a narrow range after the … Read more

Global banks forecast improved investment banking outlook

Global banks forecast improved investment banking outlook

A street sign for Wall Street hangs in front of the New York Stock Exchange May 8, 2013. REUTERS/Lucas Jackson/File Photo Acquire Licensing Rights NEW YORK, Dec 5 (Reuters) – Global bank executives said that dealmaking conditions have begun to improve, with some predicting a better outlook for strategic mergers and acquisitions at an industry … Read more

China’s Shein files for US IPO in major test for investor appetite- sources

China’s Shein files for US IPO in major test for investor appetite- sources

Shein yet to determine IPO size, valued at over $60 bln in May IPO comes amid challenging markets and U.S. scrutiny Fast-fashion retailers still behind Amazon on sales Nov 27 (Reuters) – Fashion company Shein has confidentially filed to go public in the United States, two sources familiar with the matter said on Monday, in … Read more

November Rain For Primary Market: Great IPO party helps companies mop up of ₹1.5 lakh crore

November Rain For Primary Market: Great IPO party helps companies mop up of ₹1.5 lakh crore

Even though five public issues opened this week, they received stellar subscriptions. Smaller and niche companies are also finding favour with all classes of investors along with big issues like IREDA and Tata Tech. The IPO party will roll over into the New Year too, as investors are keen to participate in India’s growth story. … Read more

CFPB Proposes New Examination Authority over “Larger Participants” in the Digital Wallet and Consumer Payment App Markets

CFPB Proposes New Examination Authority over “Larger Participants” in the Digital Wallet and Consumer Payment App Markets

In a shot across the bow to the digital payments industry, the U.S. Consumer Financial Protection Bureau (the Bureau) has issued a proposed rule to expand its oversight authority to nonbank providers of consumer payment apps. These apps include digital wallets, funds transfer services, and P2P apps—for both U.S. dollar payments and, surprisingly, also bitcoin … Read more

IPO laggards’ race to the bottom misses the target

IPO laggards’ race to the bottom misses the target

A view shows the Milan stock exchange building, as stocks slid in the first hours of trading after fears that the collapse of Silicon Valley Bank could trigger a broader financial crisis, in Milan, Italy, March 13, 2023. REUTERS/Claudia Greco Acquire Licensing Rights MILAN, Nov 10 (Reuters Breakingviews) – Italy is scrambling to make its … Read more

For global banks, India could soon be worth it

For global banks, India could soon be worth it

A man walks out of the Bombay Stock Exchange (BSE) building in Mumbai, India, January 3 2020. REUTERS/Francis Mascarenhas Acquire Licensing Rights BENGALURU, Nov 7 (Reuters Breakingviews) – Global banks’ CEOs have descended on Hong Kong for a financial leaders summit hosted by the city’s monetary authority but investment bankers based in the hub are … Read more

After US IPO stumbles, companies under pressure to offer bargains

After US IPO stumbles, companies under pressure to offer bargains

A monitor displays stock market information on the trading floor at the New York Stock Exchange (NYSE) in Manhattan, New York City, U.S., May 18, 2022. REUTERS/Andrew Kelly/File Photo Acquire Licensing Rights NEW YORK, Oct 19 (Reuters) – Companies pursuing U.S. initial public offerings (IPOs) after a string of lackluster stock market debuts are receiving … Read more

Hamilton Insurance Group unveils IPO plan

Hamilton Insurance Group unveils IPO plan

Hamilton Insurance Group unveils IPO plan | Insurance Business America Mergers & Acquisitions Hamilton Insurance Group unveils IPO plan Barclays and Morgan Stanley acting as joint lead bookrunning managers Mergers & Acquisitions By Terry Gangcuangco Hamilton Insurance Group has commenced its move for the initial public offering of its common shares, filing a registration statement … Read more

Germany’s Birkenstock set for US listing after $1.5 bln IPO

Germany’s Birkenstock set for US listing after $1.5 bln IPO

A pair of shoes is pictured in a window of a Birkenstock footwear store in Berlin, Germany, January 21, 2021. REUTERS/Fabrizio Bensch/File Photo Acquire Licensing Rights Oct 11 (Reuters) – LVMH-backed Birkenstock (BIRK.N) was set to list its shares on the New York Stock Exchange on Wednesday after the German luxury sandal maker notched a … Read more