Foreign investors made a strong return by injecting more than Rs 2 lakh crore into Indian equities in 2023-24, driven by optimism surrounding the country's robust economic fundamentals amidst a challenging global environment. Looking forward to 2025, Bharat Dhawan, Managing Partner at Mazars in India, said that the outlook is cautiously optimistic and anticipates sustained FPI inflows supply.
Open FlipNew Delhi-based Ecos (India) Mobility & Hospitality has filed preliminary papers with the markets regulator SEBI for fundraising through an initial public offering. The IPO consists of only an offer-for-sale (OFS) component comprising 1.8 crore equity shares with no fresh issue component. The OFS is 30 percent of the total paid-up equity capital.
Open FlipXiaomi Corp.’s $8 billion stock rally faces a key test when the Chinese smartphone giant unveils its first electric vehicle Thursday, as it attempts to muscle into an unfamiliar and intensely competitive market. It will start selling its SU7 series in China, the result of a $10 billion foray into the world’s largest EV market dominated by Tesla Inc. and BYD Co.
Open Flip