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2026-01-20 01:43:52| The Economic Times

ReNew Energy Global is planning a significant offshore fundraising of approximately $500 million through dollar-denominated bonds issued via GIFT City. The funds will be utilized for on-lending within the ReNew Group, debt repayment, and other permitted corporate activities. Several major international banks are involved as joint global coordinators and bookrunners for this transaction.

Category: News and Media

2026-01-20 01:39:47| The Economic Times

Shadowfax Technologies is set to raise 1,000 crore through a fresh issue and 907.3 crore via an offer for sale in its upcoming IPO. The e-commerce logistics firm has seen significant market share growth and improved profitability, though revenue concentration with one client remains a concern.

Category: News and Media

2026-01-20 01:15:23| The Economic Times

The Securities and Exchange Board of India (Sebi) is proposing to scrutinize market indices heavily used by mutual funds, particularly those with over 20,000 crore in assets. A new framework will identify 'significant indices,' requiring their providers to register with Sebi. This move aims to enhance investor protection by bringing key benchmarks under regulatory oversight.

Category: News and Media

2026-01-20 01:11:42| The Economic Times

Wipro shares plummeted over 8% on Monday following a disappointing fourth-quarter growth outlook provided by the IT services firm. The company reported revenue of 23,556 crore for the quarter ended December 31, with modest sequential and year-on-year increases. Analysts expressed concern over the management's guidance, leading to a significant drop in the stock price.

Category: News and Media

2026-01-20 01:03:50| The Economic Times

Reliance Industries shares saw a significant drop on Monday. This decline followed the company's third-quarter results. Analysts point to slower growth across its business segments. Investors are advised to observe further developments. The stock has experienced a notable fall in the past month. Technical indicators suggest continued weakness. A cautious approach is recommended for retail investors.

Category: News and Media

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