Jio Platforms Ipo: Jio Platforms gets Sebi nod for $3.8 billion IPO, potentially India’s biggest listing

$3.8 billion Jio IPO gets Sebi approval Jio Platforms, the digital services arm of Mukesh Ambani-led Reliance Industries, has received approval from the Securities and Exchange Board of India (Sebi) for its proposed $3.8 billion initial public offering, paving the way for what could become India’s biggest listing.The market regulator approved the IPO on Friday,…

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Oil Prices: Oil prices today: Crude holds steady, heads for weekly losses as Hormuz flows remain choppy

Goldman Sachs estimated that total Gulf exports recently stood at 15 million to 16 million barrels per day (representative image) Oil prices were largely steady on Friday but remained on track for a sharp weekly decline as traders weighed stalled US-Iran diplomatic talks against a tentative and uneven recovery in crude flows through the Strait…

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Fy27 Budget Disinvestment Target: Government achieves 78% of FY27 disinvestment, asset monetisation target in 5 months

Taken together, capital receipts from disinvestment and asset monetisation stand at Rs 62,124 crore (representative image) The government has achieved about 78% of its FY27 budgeted target of Rs 80,000 crore for disinvestment and asset monetisation within the first five months of the financial year.The government has raised Rs 55,757 crore so far through minority…

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Stock Market Live Updates Today: Sensex opens 200 points higher, Nifty hovers around 24,000 ahead of Fed chair’s address

The equity markets are set for a closely watched trading session on Friday, with the Sensex and Nifty expected to react to global cues and comments from US Federal Reserve Chair Kevin Warsh at the Jackson Hole symposium. GIFT Nifty signalled a positive start, trading 65.5 points, or 0.27%, higher at 24,263.50, pointing to gains…

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Will carefully consider AI’s capital request: SIA

SIA says will look into group’s other capital requirements. NEW DELHI: Singapore Airlines (SIA), which holds 25.1% stake in Air India (AI), Thursday said it will “carefully consider any requests for additional capital from AI, taking into consideration the group’s other capital requirements and AI’s business strategy.” A SIA spokesperson said the airline will “work…

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