Saturday, October 10
After 18 long years of heartbreak, close calls, and endless chants of "Ee Sala Cup Namde", Royal Challengers Bengaluru (RCB) finally brought the Indian Premier League (IPL) trophy home. The historic win came in a thrilling final on Tuesday night at the Narendra Modi Stadium, where RCB beat Punjab Kings by just six runs. And now, it’s celebration time, and Bengaluru is ready to paint the town red!A moment worth the waitThe final was full of drama, pressure, and pure passion. But when the dust settled, it was RCB who stood tall, lifting their first-ever IPL trophy. Emotions overflowed as Virat Kohli, the heartbeat of RCB for nearly two decades, let out a roar of relief and joy.Kohli wasn’t alone in that moment. With him stood two RCB legends, AB de Villiers and Chris Gayle, who flew to A
ET Intelligence Group: Foreign portfolio investors (FPIs) are treading cautiously in the domestic primary market amid high market volatility and the slower pace of initial public offerings (IPO), shunning the euphoria of 2024.They have invested just over $1.8 billion (Rs15,864 crore) in IPOs in the calendar year till May, compared with $4 billion (Rs33,487 crore) in the same period a year ago.In calendar 2024, they pumped in a record $14.5 billion (Rs 1.2 lakh crore) as an all-time high of 178 companies raised primary equity through IPOs and qualified institutional placements (QIPs).121609578 Selective Approach So far in 2025, 15 companies have launched IPOs, nearly half the 29 that hit the primary market in the year earlier period.However, the aggregate ₹27,467 crore raised is almost a
Mumbai: Yes Bank announced late Tuesday its board has approved raising up to ₹7,500 crore in equity capital and ₹8,500 crore through debt instruments during FY26. The fundraising will be executed in multiple tranches, both in domestic and international markets.In a regulatory filing, the private sector lender stated that the equity capital will be raised through various permissible instruments, ensuring that the total dilution does not exceed 10%.The board has also cleared a resolution to raise debt capital via instruments denominated in Indian or foreign currency, totaling ₹8,500 crore.To support its strategic agreement with Japan's Sumitomo Mitsui Banking Corporation (SMBC), the bank will amend its Articles of Association. An approval to raise fresh equity will enable SMBC to infus
