Bank of America Corp claims: India’s stock market will raise the most money this year amid a flurry of IPOs

In terms of raising funds through IPOs in India, all old records are likely to be broken this year and this trend is likely to continue till the year 2025. This is estimated by the prestigious Bank of America Corp (Investment). MD of this company. Debashish Purohit says that the new calculation has started after … Read more

Mukesh Ambani Becomes World’s Richest Person: 10th Richest Person in Forbes Real Time Billionaires List

Reliance Industries Chairman Mukesh Ambani has entered the list of top 10 richest people in the world. According to Forbes’ Real Time Billionaires List, Mukesh Ambani’s net worth is now $114 billion (roughly Rs. 9.45 lakh crore). He has made it to the top 10 by defeating Sergey Brin. French billionaire and Louis Vuitton Mott … Read more

Raids at Hiranandani Group headquarters and offices: ED action under FEMA violation

The Enforcement Directorate (ED) today, February 22, raided the headquarters and several offices of real estate developers Hiranandani Group in Mumbai. According to media reports, the central probe agency conducted the raids for alleged violations of regulations under the Foreign Exchange Management Act (FEMA). The investigating agency received some fresh inputs regarding the alleged foreign … Read more