Скачать или смотреть Swiggy's 5000 CRORE IPO! Weekly Indian Stock market updates

This Week in the Indian Stock Market:

1. Hindenburg vs. Adani: Hindenburg Research has once again accused Adani Group, claiming that Swiss authorities have frozen ₹2,600 crore linked to the group. Adani has denied these allegations, calling them false.

2. Samsung Workers Strike: Employees at Samsung’s Sriperumbudur plant are protesting over low wages and poor working conditions. The strike, if prolonged, could disrupt the supply chain ahead of the festive season.

3. Bajaj Housing Finance IPO: Bajaj Housing Finance’s IPO shattered records, receiving bids worth ₹3.2 lakh crore, oversubscribed 63.6 times. Market experts attribute this to strong financials and growth prospects.

4. SEBI's New IPO Rules: SEBI is considering stricter regulations for micro-cap IPOs to protect investors, including stricter fund monitoring and guidelines for merchant bankers.

5. Tata Steel's UK Deal: Tata Steel has received a £500 million subsidy from the UK government to build a green furnace at Port Talbot, but the deal may lead to significant job cuts.

6. L&T Enters Semiconductor Industry: L&T plans to invest $300 million in the semiconductor sector, focusing on chip designing for the automotive, industrial, and energy sectors.

7. Jabil's Big Investment in Tamil Nadu: US-based Jabil is investing ₹2,000 crore to build a manufacturing facility in Tamil Nadu, creating 5,000 jobs and boosting Apple’s supply chain.

8. Swiggy's IPO Expansion: Swiggy plans to increase its IPO size from ₹3,750 crore to ₹5,000 crore to strengthen its position in the competitive market.

9. TCS Tax Issues: Some TCS employees have received tax demand notices due to discrepancies in TDS claims. The company is working to resolve the issue with the tax department.

10. Indian Defence Boost: The Indian government has approved ₹26,000 crore for the Defence sector, with HAL producing 240 engines for Su-30MKI aircraft, boosting the Indian Air Force’s operational capacity.