Gold is lingering at its lowest level in almost a year on Wednesday, awaiting crucial US consumer price data for further cues. The yellow metal stays bounded near the flat line at $1725 an ounce, a level not seen since August 2021. A brief pause in dollar rally is also likely to keep gold supported. The International Monetary Fund on Tuesday warned that avoiding recession […]
ICRA has revised the long-term rating to ‘ICRA AA’ from the existing ‘ICRA AA-’.
The latest IIP figure for May 2022 (IIP is announced with 1-month lag) marked the 15th consecutive month of positive IIP growth for the Indian economy.
Business Wire India Lightspeed Venture Partners (“Lightspeed”) today announced the closing of Lightspeed Venture Partners XIV-A/B, L.P. (“Fund XIV”) with $1.98 billion, Lightspeed Venture Partners Select V, L.P. (“Select Fund V”) with $2.26 billion, and Lightspeed Opportunity Fund II, L.P. (“Opportunity Fund II”) with $2.36 billion of committed capital. Separately, Lightspeed India Partners today announced the closing of a $500M early stage fund (“LSIP Fund […]
The Company hits 52-week low at Rs905.20 per share on Wednesday morning trade.
Unlike FPIs, which normally focus on large caps, domestic mutual funds tend to spread their investments across large caps, mid-caps and small caps. There is an eminent logic to this.

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