 |
|
|
|||||
Seshaasai Technologies, a payment card fulfillment provider, is launching an IPO to raise 480 crore for debt repayment and expansion, alongside a 333 crore offer for sale. While revenue dipped slightly in FY25 due to the absence of a large renewal project, net profit doubled, and EBITDA margins improved significantly.
Category:
News and Media
Brokerages anticipate a limited impact on Indian IT companies' earnings due to Donald Trump's $100,000 H-1B levy. They expect increased offshoring and localization to largely compensate for the levy. Nomura, Kotak, and BofA suggest accumulating large-cap stocks like Infosys and TCS during market dips, viewing the disruption as temporary.
Category:
News and Media
SEBI is proposing changes to the framework for technical glitches in stockbrokers' online trading systems, excluding issues outside trading hours or beyond their control. The new rules will apply to brokers with over 10,000 clients, exempting 457 smaller firms. Financial penalties will be waived for glitches with minor operational impacts, and exchanges will disclose glitch information.
Category:
News and Media
All news |
||||||||||||||||||
|
||||||||||||||||||