Business
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SP Group bond yields set to tighten as Tata Sons listing improves repayment visibility
Shapoorji Pallonji bond yields are expected to tighten significantly after the RBI rejected Tata Sons’ application. The Reserve Bank of India’s decision mandates the listing of Tata Sons, ending regulatory uncertainty. This development provides a clearer path for monetizing the SP group’s stake in Tata Sons. Investors who financed the SP group at high yields…
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The Good, Bad And Ugly From The Packers’ Collapse Against The Vikings
The Green Bay Packers blew another fourth quarter lead and fell to the Minnesota Vikings, 39-22, Sunday.
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NYT Pips Answers For Monday, September 14
Looking for help with today’s New York Times Pips? We’ll walk you through today’s puzzle and help you match dominoes to tiles.
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Today’s Wordle #1913: Hints, Clues And Answer For Monday September 14
Looking for help with today’s New York Times Wordle? Here are some expert hints, clues and commentary to help you solve today’s Wordle and sharpen your guessing game.
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Tata Sons listing could unlock value in Tata group stocks after recent selloff
Tata group stocks may see gains after recent declines. Investors anticipate Tata Sons’ upcoming public listing and its impact. Several listed companies hold significant stakes in the group’s holding company. These stakes are valued at substantial amounts relative to their market capitalizations. The potential listing is expected to influence the valuation of these group entities.
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IPO rush continues: Rs 24,500 crore worth of issues to hit primary market this week
The primary market anticipates a busy week with five mainboard and six SME IPOs. NSE’s substantial IPO will lead primary market activity, opening on September 17. Several other mainboard offerings and SME IPOs will also open for subscription this week. Ten mainboard companies and four SME firms are scheduled for their stock market debuts. This…
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Global Market: Asian stocks retreat after AI warnings, oil advances
The Kospi Index — a key barometer for AI investments — fell over 3% with SK Hynix Inc. and Samsung Electronics Co. among the losers. Semiconductor makers and other AI-linked stocks may face the most pressure initially on Monday, while investors assess whether a more cautious approach to developing advanced models will crimp earnings.
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Tata Sons may be valued up to Rs 12.5 lakh cr in IPO
Tata Sons’ potential IPO valuation is estimated between ₹9-12.5 lakh crore., reflecting a discount on its underlying portfolio worth ₹15-16 lakh crore. Investors will price listed stakes and unlisted businesses, applying a holding company discount. The Reserve Bank of India rejected Tata Sons’ plea to remain private. This decision effectively mandates the conglomerate’s public listing…
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Gujarat surges ahead of UP in new investor additions, adds 2.3 lakh in August
Gujarat led the charge in new investor registrations in August, surpassing all other states. It was trailed by Uttar Pradesh and Maharashtra, which also showcased impressive growth in investor numbers both on a monthly and yearly basis. Remarkably, West India spearheaded the rebound in new investor activity, with North India maintaining the largest share of…