Foreign Institutional Investors (FIIs) have pulled out a staggering Rs 1,98,103 crore from Indian equities in 2025 so far, with September alone witnessing outflows worth Rs 27,163 crore through exchanges. This selling streak continues a broader trend that has persisted for nearly two years, raising concerns about the sustainability of foreign capital in Indian equity…
Precision components maker Indo MIM has filed preliminary papers with markets regulator Sebi to raise funds through an initial public offering (IPO) comprising a fresh issue of equity shares worth Rs 1,000 crore. Apart from fresh issues, there would be an offer for sale (OFS) of 12.97 crore equity shares by shareholders, according to the…
UK actors union Equity has lost its long-running and much-publicized legal case against casting directory Spotlight. Handing down a landmark judgement in the past few minutes, Judge Catherine Howells dismissed Equity’s claim that Spotlight should be classed as an “employment agency” and should therefore only be able to charge fees that would “be no more…
The crypto sector’s market value hit $4 trillion on Friday, according to CoinGecko, marking a milestone that reflects its shift from a nascent asset class to a central part of the global investment landscape. A wave of renewed optimism, regulatory clarity in key markets and rising institutional flows have catapulted the crypto sector to a…
The Indian rupee slipped on Tuesday, tracking mild losses in regional peers and dollar demand from foreign banks, though broader weakness in the greenback limited the decline. The rupee closed at 84.4325 against the U.S. dollar, down 0.2% on the day. The offshore Chinese yuan retreated from a near six-month high hit on Monday on…