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Purple Style Labs raises ₹306 crore from anchor investors ahead of IPO launch on Monday
Purple Style Labs Limited raised ₹306 crore by allotting 5,321,739 equity shares at ₹575 each to 10 anchor investors. The IPO opens on August 31,…
Jackson Hole: Will Kevin Warsh's inflation warning put Nifty under pressure on Monday?
Nifty faces potential pressure on Monday following US Fed Chairman Kevin Warsh's hawkish inflation comments at Jackson Hole. Elevated US bond yields, a stronger dollar,…
Blackstone to sell up to 25% stake worth Rs 11,988 crore in Knowledge Realty Trust
Blackstone plans to sell up to 25.03% of Knowledge Realty Trust units. This offer for sale aims to meet regulatory public unitholding requirements. The sale…
Sebi bars Trafiksol ITS, promoters for 1 year for misleading IPO disclosures
Sebi has banned Trafiksol and its promoters from the securities market for one year. Monetary penalties were also imposed on the company and its two…
Fed Chair Warsh signals rate hikes may be needed with inflation still elevated
Federal Reserve Chair Kevin Warsh said that inflation is still too high and suggested the central bank may have to raise interest rates in the…
PayPal shares crash 13% on reports Advent-Stripe consortium walks away from bid
PayPal shares fell 13% after Advent International and Stripe reportedly abandoned plans to acquire the payments giant. The consortium had offered $60.50 per share, valuing…
Why US Federal Reserve Chair Kevin Warsh is advocating for a ‘quieter Fed’ amid criticism over lack of communication
United States Federal Reserve Chairman Kevin Warsh is advocating for a ‘quieter Fed’ amid criticism over the central bank's lack of communication or comments on…
Purple Style raises Rs 306 crore from anchor investors ahead of IPO; Morgan Stanley, BofA among buyers
Purple Style Labs secured Rs 306 crore from anchor investors before its upcoming IPO. The company will open its initial public offering for subscription on…
Lenskart Rs 1,857-crore block deal: Goldman Sachs, Morgan Stanley, ICICI Prudential, SBI MF among buyers as Alpha Wave exits
Lenskart Solutions experienced institutional transactions totaling Rs 1,857 crore on August 28. Numerous domestic and global investors purchased shares at Rs 630 apiece from sellers.…
Park Medi World targets 5,740-bed network by FY28 under expansion roadmap
Park Medi plans to expand its North India hospital network by adding 2,130 beds to reach a total of 5,740 in two years, focusing on…
US Treasury yields rise after comments from Fed's Kevin Warsh at Jackson Hole
U.S. Treasury yields saw an increase during trading sessions. Federal Reserve Chairman Kevin Warsh indicated further action may be necessary. Policymakers need confidence that inflation…
