Go Digit sees moderate listing, but analysts project optimism. What investors should do

Go Digit sees moderate listing, but analysts project optimism. What investors should do

Go Digit, the fast-growing general insurance company, listed at Rs 286 per share, translating to a 5% gain over the issue price of Rs 272. The listing fell short of expectations as the grey market trends suggested a potential gain of around 10%. Analysts said Go Digit’s position as the fastest-growing private non-life insurer by … Read more

JSW Energy raises Rs 5,000 crore from Blackrock, GQG, and ADIA among others

JSW Energy raises Rs 5,000 crore from Blackrock, GQG, and ADIA among others

Sajjan-Jindal-led JSW Energy Limited has raised Rs 5,000 crore by selling shares to institutional investors, including Blackrock Inc, Nomura, Wellington Management Company, GQGPartners, UBS Group, and Abu Dhabi Investment Authority (ADIA), the company said in a late regulatory filing on Friday. The proceeds from the QIP will be used to pare debt and also invest … Read more