V & T ENGINEERING INDUSTRIES

NSE's IPO to be second biggest till now as offer size cut, price band lowered

India's premier stock exchange, NSE, has finally revealed the long-anticipated details of its initial public offering. Existing investors will sell fewer shares at a revised…

SME IPO: Vama Wovenfab issue to open on Sep 15; sets price band at Rs 324-341/ share

Vama Wovenfab is set to launch its initial public offering on September 15, offering shares priced between Rs 324 and Rs 341. The company aims…

RBI to drain Rs 1 lakh crore as VRRR auctions fail to absorb liquidity

The Reserve Bank of India will drain Rs 1 lakh crore through bond sales this month after VRRR auctions failed to absorb excess liquidity. The…

Oracle rises as AI-fueled backlog growth deflects spending worries

Oracle shares rose 3% in early trading after a $26 billion increase in its revenue backlog eased concerns over its debt-funded AI spending. Strong earnings…

Pulse of the Street: oil surge and rate hike fears trigger a market sell-off

Rising crude oil has pushed US-Treasury toward 5%, raising market expectations of a rate hike at the upcoming Fed meeting. Market participants brace for heightened…

US stocks rebound as oil prices ease, inflation data steadies market sentiment

As of 10:30 a.m. Eastern Time, the S&P 500 climbed 1%, the Dow Jones Industrial Average was up 0.9%, and the Nasdaq Composite was 1.2%…

Lessons in starting up: How an entrepreneurial couple built a joint legacy

For Vineet Agrawal and Sikha Agrawalla, entrepreneurship was not a single leap but a sequence of carefully planned decisions and treating financial planning as a…

Reserve Bank of India announces ₹1 lakh crore OMO sale in 3 tranches to boost liquidity

The RBI will conduct Open Market Operation sale auctions of ₹1 lakh crore in three tranches to address liquidity conditions, with the first auction of…

US stocks today: Dow Jones soars 600 pts, Nasdaq 1% as oil prices fall amid high August inflation

US stocks opened higher on Friday despite data showing consumer prices accelerated in August. The Dow Jones, S&P 500 and Nasdaq gained at the open,…

Joint finances, joint risks: A couple’s roadmap to starting up

Meta’s Muse $20 vs $100 AI plans: How much revenue can its paid AI agent really generate?

Meta's new AI agent, launched on September 8, offers paid subscription plans of $20 and $100 monthly, but revenue remains small compared to its advertising…