India's capital markets regulator Sebi has approved seven Initial Public Offerings. Companies in manufacturing, chemicals, logistics, healthcare, real estate, engineering, and precious metals can now raise funds. These approvals pave the way for significant investments and expansion plans across diverse industries. Investors can anticipate new opportunities as these firms prepare to go public.
Iran's intense protests, fueled by a worsening economy and external threats, have left the regime vulnerable. While a brutal crackdown continues, the absence of internal fracturing and significant economic leverage for protesters suggests the path to regime change remains uncertain, with underlying grievances persisting.
Veteran investor Madhu Kela has bought a stake in Emkay Global. This signals new interest in the financial services firm. Ace investor Dolly Khanna has trimmed her holding. Emkay Global is a diversified financial services company. Kela's entry is watched closely. Khanna's move seems like portfolio rebalancing. The company's shares rose on the news.
