Stocks making the biggest moves premarket: Intel, Palo Alto Networks, Best Buy and more
These are the stocks posting the largest moves in premarket trading.
Housing finance platform Weaver Services to raise Rs 1,482 crore from Lightspeed, Premji Invest
Weaver Services, a tech-led housing finance platform, is raising Rs 1,481.5 crore in funding led by Lightspeed and Premji Invest. Focused on affordable housing, Weaver targets self-employed individuals in smaller cities. The funds will support asset acquisitions, tech development, and expansion. Weaver uses AI to improve loan approvals and credit assessment.
Banks ride the IPO wave, lend more to investors
Banks significantly increased lending for IPO investments last fiscal year. State Bank of India’s IPO financing tripled. HDFC Bank leads with the largest loan book, followed by Bank of India. Sixteen banks provided substantial loans for IPO financing. The Reserve Bank of India anticipates continued momentum in primary markets. IPOs are gaining traction as a […]
Education loan provider Credila in talks to raise $600m via ECB
Credila, formerly HDFC Credila, plans to secure up to $600 million in foreign loans post-IPO. Discussions involve DBS, MUFG, and SMBC. The funds will be raised via external commercial borrowing. The loan is marketed at 135-150 bps over SOFR. Credila’s financing base has expanded significantly. Offshore borrowings now constitute 18.4% of its total debt.
CleanMax files draft papers with Sebi for Rs 5,200 crore IPO
Clean Max Enviro Energy Solutions, a renewable energy provider, has filed for an IPO to raise Rs 5,200 crore. The IPO includes a fresh issue of shares and an offer for sale by promoters and investors.
Stocks making the biggest moves midday: Meta Platforms, Duolingo, Target, Dayforce, TeraWulf & more
These are some of the stocks posting the largest moves midday.
China’s EV industry is spending more on factories abroad than at home for the first time
For the first time on record, the Chinese electric car supply chain last year invested more overseas than domestically, according to Rhodium Group.
‘Job hugging’ has replaced job hopping, consultants say
Workers are clinging to their jobs as they sour on their prospects in the labor market.
Stocks making the biggest moves premarket: Dayforce, Sunrun, Tesla, Novo Nordisk and more
These are the stocks posting the largest moves in premarket trading.
Public sector banks raised nearly Rs 1.54 lakh crore in equity and bonds in 3 fiscals: Minister
Public sector banks (PSBs) raised Rs 1,53,978 crore in the form of both equity and bonds during the last three financial years, the Parliament was informed on Monday.