Cleveland Fed’s Hammack warns of ‘challenging time’ amid inflation worries
“On the inflation side right now, I continue to be worried,” Cleveland Federal Reserve President Beth Hammack Hammack told CNBC’s “Squawk Box Europe.”
LIC Housing Finance accepts bids for 3-year bonds, bankers say
LIC Housing Finance accepted bids for its 7.77% 2028 bond reissue. The company successfully raised 11 billion rupees, equivalent to $123.95 million. This bond will offer investors a yield of 6.90%. Bids were accepted on Monday. This financial move reflects ongoing market activity. The company did not comment on the development.
IPO boom defies market slump, mobilises nearly Rs 1.7 lakh crore in a year
India’s IPO market witnessed a vibrant boom from October 2024 to September 2025, defying secondary market uncertainty by raising nearly double the funds compared to the previous year. Driven by robust domestic liquidity and a diverse mix of issues, 86 IPOs mobilised ₹1,70,897 crore. Experts anticipate this frenzy to continue as money shifts from secondary […]
Laser Power & Infra, Indo MIM files draft papers with Sebi for IPOs
Indo MIM and Laser Power & Infra have filed draft papers with Sebi for IPOs worth over Rs 2,200 crore. Proceeds will primarily go toward debt repayment and growth, with both firms leveraging strong industry positioning and robust financial performance.
WeWork India announces Rs 615-648 price band for Rs 3,000 crore IPO. Check details
WeWork India announced its initial public offering price band. Shares will be priced between Rs 615 and Rs 648. The company aims to raise up to Rs 3,000 crore. Bidding for the IPO will commence on Friday, October 3. The offering includes a fresh issue and an offer for sale by existing shareholders.
Tata Capital sets price band for Rs 15,500 crore IPO opening on October 6. Check key details
Tata Capital has fixed the price band for its Rs 15,511 crore IPO at Rs 310-326 per share. The issue, opening on October 6, includes a fresh equity issue and an OFS. Shares are set to list on NSE and BSE on October 13.
President Trump posts cartoon image depicting him firing Fed Chief Powell
Trump has repeatedly criticized Powell for his cautious approach to cutting interest rates, nicknaming him “Too Late Powell.”
‘Spectacular’ AI growth is creating a serious labor market problem for Fed, Jefferies’ David Zervos warns
Long-time market bull David Zervos is worried the Federal Reserve is dangerously ignoring the artificial intelligence boom’s fallout.
Not just for the ultra-wealthy: Two firms team up to create more access to private credit boom
Simplify Asset Management and VettaFi launched the actively managed Simplify VettaFi Private Credit Strategy ETF (PCR) on Wednesday.
Stocks making the biggest moves midday: Boeing, Paccar, Intel, Mirion Tech and more
These are some of the stocks posting the largest midday moves.