J P MORGAN

Jio IPO to open on October 21: 10 things to know about the Rs 30,000 crore mega issue

Jio Platforms will open its Rs 30,000 crore IPO for subscription on October 21, with anchor investor bidding scheduled for October 19. The issue could become India’s largest-ever public offering, surpassing Hyundai Motor India’s record IPO. Here are 10 key details on issue size, dates, shareholder quota, financials and valuation.

Global Market: Asian investors pour money into hedge funds as bond markets falter

Asian investors are increasing allocations to hedge funds amid volatile bond markets, uneven equity performance and concerns about traditional portfolio strategies. Multi-strategy, macroeconomic and quantitative funds are gaining traction as investors seek diversification and more resilient returns across market cycles.

IIM Lucknow completes summer placements with 600+ offers, average stipend up 3%

IIM Lucknow completed the summer placements for its 2026-28 PGP and PGP-ABM batches with total success. The average monthly stipend for interns increased marginally from last year's figures, while the highest stipend decreased slightly. Over 600 offers were made, showcasing opportunities in various sectors like consulting and e-commerce. Established and first-time recruiters participated, contributing to a diverse placement process for students.

RBI rate hike will not stem outflows, leaving central bank in a bind

India’s first RBI rate hike in four years may not stop record capital outflows or ease pressure on the rupee, which has fallen 7% this year. Foreign investors have withdrawn $30 billion from Indian equities, while rising hedging costs and narrowing India-US rate differentials threaten the appeal of Indian stocks and bonds amid higher global yields, oil prices and inflation.

Indian firms seen posting faster profit growth despite global headwinds

Indian companies are projected to achieve profit growth during the September quarter despite various challenges affecting different sectors. Foreign investors are retreating from Indian stocks, impacting the benchmark Nifty 50 index's performance this year. Strong domestic demand and favorable conditions in certain sectors are expected to sustain earnings growth for many firms. Analysts believe that financials will be a significant driver of earnings, supported by healthy loan growth.

Rupee hits two-month low on outflows, investors await RBI outcome with hike priced in

The Indian rupee fell to its lowest point in over two months due to equity outflows. Traders are focusing on the Reserve Bank of India’s upcoming monetary policy decision. Analysts expect a 25 basis point hike, which could strengthen the rupee. Dollar sales from state-run banks have limited the currency's decline amidst persistent short positions. Future comments from policymakers will be closely monitored for indications on benchmark rates.

Global Market: European shares rally as healthcare gains offset eurozone fiscal concerns

European shares climbed to near one-week highs, led by healthcare stocks, while easing eurozone bond yields offered some relief. Investors remained focused on fiscal pressures, political uncertainty and upcoming economic data for clues on the region’s outlook.

In 2014, Joan Rivers left a Manhattan penthouse worth $28 million; after relisting for $38 million later, it eventually took a $10 million price cut

Joan Rivers’ former Manhattan penthouse has returned to the luxury real estate market with a substantial reduction in its asking price. Situated at 1 East 62nd Street on the Upper East Side, the three-level residence was Rivers’ home for 25 years until her passing in 2014. The property was listed for $38 million in 2021 before subsequent reductions gradually brought the asking price to $28 million.

AI infra firm Accelevation, shareholders raise $540 million in US IPO

Accelevation and selling shareholders raised $540 million in a US initial public offering, the private equity-backed data center infrastructure firm said on Tuesday. They offer 30 million shares at $18 apiece, below the marketed range of $20 to $24 each.

US stocks: US market falls as higher oil prices, Treasury yields weigh

US stocks declined on concerns over rising oil prices and higher Treasury yields affecting the market. Investors are cautious due to uncertainty surrounding a potential Iran war peace deal negotiations. Federal Reserve officials hinted at possible interest rate hikes if inflation continues to rise significantly. Nvidia shares surged after announcing a record $150 billion share buyback, while Tesla shares dropped after a lowered price target.

U.S Stock Market prediction for Monday: Dow, S&P, Nasdaq, Russell 2000 set for low opening, Meta, Tesla, other stocks, factors to watch out today

U.S. Stock Market today, September 28: Tesla dipped 1 per cent after brokerage J.P.Morgan lowered its price target on the stock citing weak deliveries in the third quarter. Meta eased 2.2 per cent after last week's 13 per cent surge.

Accelevation targets up to $5.4 billion valuation in US IPO

The Miamisburg, Ohio-based Accelevation and some selling shareholders are aiming to raise up to $720 million by offering 30 million shares priced between $20 and $24.

Sebi sees potential for Rs 2 lakh crore IPO fundraising as fresh capital gains prominence

SEBI Chairman Tuhin Kanta Pandey said India could raise up to Rs 2 lakh crore through IPOs, with substantial proceeds flowing directly to companies. He highlighted reforms simplifying market access, rising corporate bond issuance, growing domestic investor participation and measures to deepen capital markets, improve liquidity and expand global investor access.

Sify Infinit Spaces hits valuation roadblock ahead of IPO

Sify Infinit Spaces IPO faces a valuation roadblock as investors offer less. The data centre operator seeks forty thousand crore rupees for its offering. Investors are currently willing to pay only twenty-two to twenty-five thousand crore rupees. This significant gap may lead Sify to revisit the market next year. The company's valuation ambitions have risen amid market conditions.

Smart ring maker Oura, shareholders look to raise up to $2.2 billion in US IPO

Smart ring maker Oura plans to raise up to $2.2 billion in its US initial public offering. Eli Lilly and Dragoneer have indicated interest in purchasing shares in the offering. Oura and some existing investors will sell 50 million shares priced between $40 and $44. The company makes a smart ring that tracks key health indicators like heart rate and sleep.

Global Market: J.P. Morgan sees BoE rates rising amid renewed inflation risks

J.P. Morgan expects the Bank of England to raise interest rates by 25 basis points in November and again in 2027 after holding rates at 3.75%. The BoE warned inflation could exceed 4%. It also paused government bond sales for six months, while markets assess debt concerns, policy coordination and inflation risks.

CoreWeave launches $3 billion convertible debt sale

CoreWeave is set to secure $3 billion via convertible debt offerings to significantly enhance its artificial intelligence infrastructure. In conjunction with this, they have initiated an at-the-market stock sale program to generate extra capital. This strategic move is pivotal in strengthening their credit profile and sustaining operations, underscoring the growing financial demands within the AI industry.

CoreWeave launches $3 billion convertible debt sale

Nvidia-backed CoreWeave said on Thursday it plans to raise $3 billion through a convertible debt offering, highlighting the massive funding needs to support the AI infrastructure.

Global Market: European shares advance as investors await Bank of England decision

European shares rose on Thursday as falling crude oil prices and stabilising bond markets improved investor sentiment following the U.S. Federal Reserve’s rate hike. The STOXX 600 and DAX gained 0.5%, led by travel and technology stocks. Energy shares declined, while investors awaited the Bank of England’s interest-rate decision.

US Market: Brokerages turn hawkish as sticky inflation boosts Fed hike bets

Major brokerages including Goldman Sachs, J.P. Morgan, HSBC and Deutsche Bank expect the Federal Reserve to raise interest rates by 25 basis points this week after stronger-than-expected inflation data. Rising oil prices above $100 a barrel have added to inflation concerns, while markets are also pricing another hike in December.

Oracle shares rise as AI cloud backlog beats estimates

Oracle shares rose significantly after reporting strong quarterly results. The company secured over thirty billion dollars in new AI cloud contracts. This boosted its revenue backlog to six hundred sixty-four billion dollars. These results eased investor concerns about debt and spending. The company's performance improved after a period of underperformance.

J.P.Morgan’s Anu Aiyengar Talks About Where She Would Put Her Money In 5 Years

GFF 2026: Axis Bank, J.P. Morgan see banking move from AI that knows customers to AI that acts

Banks are using AI to deeply understand customers and anticipate their needs. Axis Bank is experimenting with AI for personalised banking services and customer engagement. J.P. Morgan is deploying AI for trade analysis, customer service, and fraud detection. This AI transformation spans the entire financial journey from understanding to execution.