Markets & IPO

Oberoi grew market capitalisation from ₹2,500 crore to nearly ₹80,000 crore. The board's answer to replacing him was the person who hired him.

Microsoft's finance chief said on Wednesday it had not tapped the bond market. On Thursday it priced its first deal since 2017.

The issue raised ₹30,213 crore. By the close those same shares were worth about ₹38,300 crore.

Nvidia has committed to buy CoreWeave's compute if nobody else will. The market is now pricing the chance it has to.

Institutions bought it at 4.7 times. The people who had owned it longest sold about ₹1,215 crore.

Institutions bid 70.55 times. Retail bid 2.72 times, which on a quota this large is close to ₹26,000 crore.

Sixty per cent of the cuts are support functions. The bank specifically named developers, and a fifth of the total had already happened.

Revenue fell 13.5 per cent because logistics collections halved. The money did not disappear so much as move upstairs.

Revenue was ₹24,138 crore. Expenditure was ₹24,166 crore. The ₹125 crore profit came from elsewhere.

Anchors bid thirty times what was on offer. The band was still set below what the market had been told to expect.

Institutions bid 4.7 times. Retail stopped at 0.77. The grey market marked the issue down 90 per cent while the book was being built.

Logistics revenue rose 2.4 times as marketplace commissions fell 44 per cent. A third of the reported loss was non-cash ESOP charges.

Loss per order fell 19 per cent. Order value fell 17 per cent. The board approved a ₹2,500 crore raise the same day.

A 9.625 per cent coupon trading at a 15 per cent yield is the credit market disagreeing with the equity market. Oracle, Nebius and Dell fell with it.

Retail took 0.23 times a quota that is only a tenth of the issue. The book closes on 19 October, two days before Jio opens.

Against FY26 revenue of ₹15,913 crore that is roughly 1.6 times. Schneider just paid 8.7 times for PTC.

Nearly $4 billion of acquisitions in under two years, almost all paid in shares. The strategy works while the currency holds.

Microsoft claims 40 per cent more tokens per megawatt than leading GPU systems. The comparison it declines to name is Nvidia.

The fresh issue went up by ₹230 crore. The shares existing holders want to sell went up by nearly five crore.

In August investors valued Firmus above $10.5 billion. The IPO asked for $30.6 billion, and the market declined.

A 126 per cent duty is a price problem. Export credit solves financing problems, which is not the same thing.

Earlier talk put Jio between $130 billion and $170 billion. The reported band lands at about $107 billion, and the gap is the story.

Tower company shares rose on the same news. That tells you what the market thinks SpaceX is actually building.

A captive centre bills its parent at cost. It has no customers of its own, so on a standalone basis it is worth almost exactly what TCS is paying.

Nobody lost a customer. The market simply discovered it had been pricing a supply chain off a number that included other companies' revenue.

The seller's shares rose 33 per cent, the buyer's fell 8. Jefferies called it a decade-low valuation that could still weigh on Schneider afterwards.

In December he sold ₹324 crore of shares specifically to clear a promoter loan and release every pledge. Ten months later the pledge is back.

The stated case is that a studio must become a technology company. The price already assumes the savings arrive.

Institutions bid 3.42 times, non-institutional investors 8.53. When the fastest money leads the book, there is nobody left to buy on day one.

HBM takes roughly three times the wafer capacity per bit of ordinary DRAM. Making more of it is why your laptop costs more.

Published a month ago and worth revisiting: the cluster Bain expects to be hollowed out is the one Indian IT services occupies.

Marketing was nearly four times the prior year, and content cost under ₹200 crore. Making the shows is the cheap part.

Non-institutional investors bid 8.53 times, institutions 3.42. A book weighted that way is chasing a listing gain rather than taking a position.

Three months after a ₹780 crore QIP, and with ₹350 crore of this going to repay debt. The promoter may pledge shares to take up his entitlement.

The order book drew ₹77,843 crore for a ₹1,092 crore issue, after the company cut the offer before opening it.

Profit rose roughly fivefold on 28 per cent revenue growth, which is a margin story rather than a demand one. The trust selling holds 84 per cent.

The company owns all its intellectual property and rents its factories. That is rarer among Indian defence suppliers than the IPO itself.

The accounting change buried in the disclosure matters more than the date. Wholesale revenue is now recognised as commission, not vehicle value.

Seed funding fell 37 per cent and first-time funded companies dropped 30 per cent. The pipeline is thinning while the top of the market absorbs more.

The buyers were domestic insurers and mutual funds. That is now the standing bid absorbing India's new-age exits.