Coal India arm CMPDI IPO opens for subscription: Check brokerages’ views, valuation and key details
Coal India’s wholly owned subsidiary, Central Mine Planning & Design Institute (CMPDI), has launched its…
Coal India’s wholly owned subsidiary, Central Mine Planning & Design Institute (CMPDI), has launched its initial public offering (IPO) worth ₹1,842 crore, opening for subscription on March 20, 2026. The IPO has attracted significant attention from investors and brokerages, given CMPDI’s unique position as India’s leading mining consultancy and exploration services provider. IPO Key Details…
The Chinese founder of TP-Link, one of the world’s largest router and networking equipment manufacturers, has formally informed US federal agencies that the company’s Chief Executive Officer and his wife are in the process of becoming American citizens under the Trump administration’s Gold Card program. This announcement has sparked widespread interest in both technology and…
Sachin Sawrikar, a leading voice in wealth management and investment advisory, has emphasized that geopolitical shocks, while disruptive in the short term, should not deter investors from maintaining a diversified global portfolio. Speaking at a recent financial forum, he suggested that a 20–30% allocation to global assets is optimal for Indian investors seeking long-term stability…
A missile strike on Qatar’s Ras Laffan Industrial City, the world’s largest liquefied natural gas (LNG) hub, has disrupted operations and reduced the country’s LNG output capacity by 17%. The attack, which occurred earlier this week, has sent shockwaves across global energy markets, with losses estimated at nearly $20 billion. Strategic Importance of Ras Laffan…
ArcelorMittal Nippon Steel India (AM/NS India), a joint venture between global steel giants ArcelorMittal and Nippon Steel, is set to begin construction of its ambitious ₹70,000 crore steel plant in Andhra Pradesh next week. This mega project, located in Kadapa district, is expected to transform India’s steel industry and boost regional economic development. Project Overview…
India and Russia are strengthening their economic partnership as discussions at the Russia-India Forum placed free trade and deeper cooperation at the center of the agenda. The forum, held in Mumbai, highlighted the potential for a Free Trade Agreement (FTA) between India and the Eurasian Economic Union (EAEU), which includes Russia, Belarus, Kazakhstan, Armenia, and…
Samvardhana Motherson International Ltd (SMIL), one of India’s largest auto component manufacturers, witnessed a 2% rise in its share price today after announcing a strategic joint venture with Germany-based Hellmann Worldwide Logistics. The collaboration aims to strengthen supply chain solutions, logistics efficiency, and global reach for the automotive industry, positioning Motherson as a key player…
Atanu Chakraborty, a retired Indian Administrative Service (IAS) officer of the 1985 Gujarat cadre, has become the center of attention in India’s financial markets after his sudden resignation from HDFC Bank as part-time Chairman and Independent Director. His exit on March 18, 2026, triggered a massive sell-off in HDFC Bank shares, erasing more than ₹61,000…
Global commodity markets are showing signs of weakness, and this is expected to weigh heavily on Indian metal stocks such as Vedanta, National Aluminium Company (NALCO), and Hindustan Zinc. Investors are bracing for volatility as aluminum, zinc, and silver prices have slipped in international markets, raising concerns about earnings and margins for these companies. Market…
Rajputana Stainless Limited made its debut on the stock exchanges with a muted listing, and the share price quickly fell over 10% from its issue price. The weak performance has left investors questioning whether they should buy, sell, or hold the stock in the near term. Context of the Listing Rajputana Stainless, a manufacturer of…