Analysts said the valuations are getting more realistic with some estimating markdowns of up to 30-40% in 2026 over 2025, mirroring the market cap decline of listed IT services providers. The BSE IT index plunged almost 30% since January, recouping around 10% from its July lows.
OpenAI has recently held discussions with large investors about a fresh capital raise that would increase the ChatGPT maker's valuation to about $1.2 trillion before it goes public, the Financial Times reported on Tuesday, citing people familiar with the matter.
NSE is inching closer to its much-awaited IPO as SEBI nears approval of its DRHP. While unlisted NSE shares remain 17% below their peak, BSE has corrected nearly 29% from its 52-week high
Slice Small Finance Bank has raised about $100 million (Rs 950 crore) from global and domestic investors at a valuation of $450-470 million (Rs 4,275-4,465 crore), marking its first institutional fundraise as a bank and a steep cut from its previous valuation
Anthropic, the high-flying artificial intelligence company, has spent the past year surpassing rivals in the race to dominate the technology. Now it may also surpass those rivals with its coming blockbuster debut on Wall Street
Shein has set its Hong Kong initial public offering for September 1, a slight delay from earlier projections. The company's growth has slowed, and rising costs are impacting investor interest
Irregular, a small Israeli startup that has been linked to a string of recent AI security incidents, has published a postmortem report comprising key findings from its internal investigation. However, security experts have reportedly pointed out that the repor
The Nifty's price-to-book ratio has slid below three for the first time in six years, showcasing the banking sector's struggles alongside rising book values. With banks and financial services playing a crucial role in the Nifty's composition, the recent consol
Shares of ecommerce logistics services provider Shiprocket jumped on debut on Wednesday, listing at a 35% premium to the issue price of Rs 97. The Gurugram-based company s shares ended trading 48% higher at Rs 143.50 on the BSE, helping it erase the valuation
Sachin Bansal's Navi says it has secured $100 million from Dutch technology investor Prosus in its first institutional capital raise. The investment values Navi at about $1.3 billion, or Rs 13,500 crore, according to a person with direct knowledge of the matte
As Idaho murderer Bryan Kohberger seeks to take back the guilty plea, a neuropsychological evaluation conducted on him over three months ending in February 2025 has been unsealed, offering a glimpse into his mental state, People reported. Kohberger s defense t
After a sharp correction in the first half of 2026, Indian equities are showing signs of stabilisation, with improving earnings, resilient domestic flows and more reasonable valuations providing a stronger fundamental backdrop.Sachin Bajaj, Executive Vice Pres
Lalithaa Jewellery Mart is gearing up for a remarkable 1,700 crore IPO aimed at financing its capital expenditure and ambitious expansion plans. The company has demonstrated impressive performance, with significant revenue growth and a notable surge in net pro
Cognition AI is in early talks with investors for a new funding round that may boost the coding startup s valuation by more than 50% to at least $40 billion, people familiar with the matter said.Prospective investors are circling the company less than three mo
Ecommerce logistics services platform Shiprocket has raised Rs 727 crore from anchor investors with participation from large domestic asset managers including SBI Mutual Fund, HDFC Mutual Fund, ICICI Prudential and Motilal Oswal MF, according to a regulatory d