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On 21 July 2022

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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 […]

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ICRA has revised the long-term rating to ‘ICRA AA’ from the existing ‘ICRA AA-’.

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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.

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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 […]

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The Company hits 52-week low at Rs905.20 per share on Wednesday morning trade.

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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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