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The share allotment for Amwill Healthcare will be determined today, with the IPO receiving a subscription of over 5 times. Investors can check the status on the BSE or Bigshare Services websites. Funds from the IPO will be used for various purposes, including marketing and brand building.

L&T Finance will enter the gold loan business following the board s approval to acquire Paul Merchants Finance. The Rs 537 crore slump sale includes 98,000 customers, 700 employees, and 130 branches. The acquisition is expected to close by Q2 FY 2025-26.

Ajax Engineering plans to raise up to Rs 1,269.4 crore through an IPO. Kedaara Capital will sell its entire 6.5% stake. The company’s promoter group stake will decrease to over 82%. Ajax leads the market for self-loading concrete mixers and benefits from growing infrastructure needs in India.

The Finance Bill s restriction on resident Indians investing more than 5% indirectly in offshore funds is hindering global fund managers from moving to India. This 5% limit, aimed at preventing round-tripping, is difficult to track and deterring fund management activity in GIFT City.

While the rate cut is intended to ease financial conditions, experts suggest the broader effect on the banking system - particularly on loans linked to the marginal cost of funds-based lending rate (MCLR) and deposits - will not be immediate, although repo-linked borrowers have immediately benefited.

Bankers are relieved with Malhotra s emphasis on a consultative approach with minimum disruption to the financial system. With the expected increase in provision costs and tighter regulations for project finance now on the back burner, lenders can focus on business growth over the next one year, bankers said.

The government is meticulously watching banks to ensure the transmission of the recent RBI rate cut to borrowers, as officials warn that insufficient rate cuts would be addressed. The RBI s quarter-percentage-point cut aims to reduce borrowing costs, but historical precedents show mixed transmission effectiveness.

Trent shares tumbled 8.3% on Thursday after its third quarter results, but regained some of the losses on Friday, rising 3.1% to close at ₹5,440. So far this year, Trent has plunged over 23.3% while Nifty declined 0.34% in the same period.

Index has been consolidating between 23,400 and 23,800 zones from the last four trading sessions with a hurdle near the 50-day exponential moving average, and now requires a hold of 23,333 zones with follow-up action to commence the next leg of rally towards 24,120 levels.

What hasn t changed is Trump s strategy of pledging aggressive levies on trading partners and then quickly backtracking, either delaying them or canceling them completely. What has changed is basically everything else.