The Mumbai-based integrated power solutions company is raising Rs 1,100 crore. Issue opens March 24, closes March 27. Powerica Limited, a Mumbai-based integrated power solutions provider that has been in the diesel generator set business since 1984, opens its IPO for subscription tomorrow — March 24 — and closes onContinue Reading

Five issues are open or opening this week, collectively seeking to raise over Rs 3,400 crore, as the primary market navigates a difficult global backdrop. India’s primary market is keeping its calendar intact despite the US-Iran conflict that has pushed Brent crude above $112 a barrel, rattled global equities, andContinue Reading

New collateral requirements taking effect on April 1 will squeeze proprietary traders and smaller brokers hardest, while large retail-focused houses emerge relatively unscathed — and a coming shake-out could reshape India’s brokerage landscape India’s capital markets are about to operate under a stricter funding regime, and the consequences will rippleContinue Reading