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initial public offering, launched Tuesday, would be the largest by a US company this year if it prices at the top of its range to raise $1.04 billion.When it comes to all IPOs on US exchanges this year, it wouldn’t even make the top three.Also Read | JPMorgan Chase's Jamie Dimon shares his morning routine: ‘I get up at 4.30, flip through five papers…’The largest such offerings to date are by companies domiciled outside the US: Viking Holdings Ltd. in Bermuda, Amer Sports Inc.

S&P Global has raised the outlook on India’s credit rating to “positive" from “stable" while affirming its rating of BBB minus. It cited robust economic growth and improved expenditure quality for the move, which puts India’s sovereign rating in the reckoning for an upgrade.

Dividend stocks: GPT Infraprojects Ltd and LT Foods Ltd shares will trade ex-dividend on Thursday, May 30, following announcements from their respective Boards of Directors declaring interim dividends for eligible shareholders. May 30 has been established as the record date for determining shareholders' eligibility for these dividends.ALSO READ: Multibagger stock: Cummins India records over 270% surge in 2 yearsGPT Infraprojects: GPT Infraprojects Ltd has declared a third interim dividend of 10% ( ₹1 per share) on the face value of its equity shares (Rs.

Indian Meteorological Department (IMD), these states' heatwave-like conditions will gradually decrease in the next 2-3 days. Take a look at today's IMD weather forecast.-Heatwave to severe heat wave conditions likely to reduce gradually over Northwest and Central India from 30th May.-Heatwave to severe heatwave conditions very likely in isolated pockets of Bihar, Jharkhand, Odisha on 30th and isolated heatwave conditions on 31st May and 01st June.Also Read: Red alert in Delhi: IMD warns of severe heatwave across 6 states today; IMD issues rainfall alert in Arunachal, 7 others-Heatwave conditions are very likely in isolated pockets of Vidarbha, Chhattisgarh, Jammu division, Himachal Pradesh on 30th May 2024.-Severe heatwave conditions will likely to prevail in isolated pockets of Vidarbha, Chhattisgarh, Jammu division, Himachal Pradesh on 30th May.Also Read: Delhi on fire: Capital city hits record 50.5 degrees as IMD predicts 'severe heat-wave conditions'-People in Goa will continue to suffer from hot and humid weather in isolated pockets of Konkan and Goa on 30th and 31st May.The National Capital will witness a severe heatwave (with slightly reduced intensity) today, May 30.

Top Events on May 30: India is all set to witness various political, technological, sports, and entertainment events today. PM Modi will be on a three-day break from political meetings, while Yogi Adityanath will hold a public meeting in Himachal Pradesh and Rahul Gandhi will visit Odisha today. India and France will begin the talks on the Rafale Marine fighter jet deal in Delhi on Friday.

JPMorgan Chase, has shared his morning routine. In an interview with the Wall Street Journal, Dimon was asked how he starts his day and spoke about the newspapers he reads to catch up with US and global events."I wake up usually at 4:35 am.

In sections of the stock market known to read the tea leaves correctly, fear has set in just days ahead of the last leg of voting and exit polls. Retail and wealthy investors have voted with their feet in the last couple of months, snapping up Nifty and Bank Nifty futures contracts as they bet on a solid victory for the Narendra Modi government. But in just a fortnight, they have got rid of most of these contracts, likely anticipating a different outcome.

FTAs)," US Ambassador to India Eric M. Garcetti said in an interview. "But I do think that there's an openness in Washington to advance a discussion about preferential trade between our countries.

IRB Infrastructure Developers are likely to sell a 4% stake in the company on Thursday to raise ₹1,512 crore ($181 million), according to a term sheet reviewed by ET. The selling entities include IRB Holding Private and Deepali Virendra Mhaaiskar.

import of capital goods and machinery to build factories as manufacturers in China and Southeast Asia embark on their own expansion plans. That could potentially hobble their ability to meet any rise in consumption demand. Reliance is among Indian companies facing such challenges as it looks to set up production facilities for its fast-moving consumer goods (FMCG) business and scale it up, said a senior executive, citing difficulties in establishing bottling plants for Campa Cola with machinery suppliers asking for a year and more. Reliance didn't respond to queries.

General Atlantic is likely to sell up to a 6.8% stake in KFin Technologies on Thursday through an open market transaction, according to a term sheet issued by IIFL. The base size of the sale is 70.17 lakh shares, constituting 4.1% of the company, with an option to increase to 1.17 crore shares or 6.8% of today's equity.

India's sovereign outlook after 10 years to 'positive,' citing improved quality of public spending and expectation of broad continuity in reforms and fiscal policies. India's rating remains unchanged at BBB-. The agency said the country's rating could be upgraded in the next 24 months if it adopts a cautious fiscal and monetary policy that reduces the government's elevated debt and interest burden while bolstering economic resilience. «It's a welcome development,» finance minister Nirmala Sitharaman posted on X, «It has been possible due to the series of macroeconomic reforms undertaken since 2014, along with substantial outlay for capex, fiscal discipline, and decisive & visionary leadership.» Expressing enduring confidence in the economy, economic affairs secretary Ajay Seth told ET, «I am glad S&P, in its own assessment, has realised the strength of India's economy and upgraded outlook… The team led by the chief economic adviser could convince them (S&P) to reach (this) assessment.»

Bitfarms, a global Bitcoin mining company, confirmed on May 28 that it received and rejected an acquisition proposal from Riot Platforms on April 22, 2024.

For many people, retirement planning is all about money: how to invest, how much to save, when to claim Social Security, how to best withdraw from accounts.

psychological thrillers, 'Dark Winds' is certainly a must-watch franchise for you and either you have probably watched both the released seasons and waiting for the third, or, planning to watch it, after reading this. AMC's psychological thriller scene has always been on a high and 'Dark Winds' was a notch on their belt as the franchise adapts Tony Hillerman's Leaphorn & Chee novels that revolve around the Navajo County tribal police's adventures.

U.S. stocks closed lower under the weight of higher yields in the bond market

The U.S. is lifting some financial restrictions on Cuba in a move designed to boost private businesses on the island

extension from the government to comply with the Liberalised Remittance Scheme (LRS) for international credit card spends, said people familiar with the matter. The scheme allows Indian residents to remit up to $250,000 abroad in a financial year for permissible purposes such as education, travel and investment. Last year, the government announced that forex transactions through credit cards would be covered under the scheme and charged 20% tax collected at source (TCS) beyond the threshold of ₹7 lakh per fiscal. Senior bank executives decided, at a meeting held earlier this month, to seek an extension till June 30 to fully calibrate their systems to report such transactions. «Earlier this month a communication was received from the RBI on the preparedness for implementing the guidelines,» said one of the executives, who did not wish to be identified.

Camila Morrone, who is known for her role in “Daisy Jones & the Six,” is joining Tom Hiddleston in the second season of “The Night Manager.”

fiscal deficit could come in marginally lower than the downwardly revised estimate of 5.8% of GDP on the back of robust revenues and lower subsidy outgo, officials said. Tax revenues could exceed the upwardly revised estimate of ₹26.99 lakh crore by ₹27,000 crore. «Fiscal deficit is marginally narrower than even the revised estimates — both in percentage as well as absolute terms,» a senior official told ET. FY24 fiscal deficit in absolute terms was pegged at ₹ 17.3 lakh crore. The government would announce its final accounts for FY24 on May 31. For the next financial year (FY25), the Centre has fixed the fiscal deficit target at 5.1% of the GDP.

India's peak power demand hit a record 246.1 GW till 0300 pm Wednesday as northwest and central parts of the country continue to reel under unprecedented heatwave conditions. The previous record of peak demand was set at 243 GW, including shortage, last September. The peak demand met was 240 GW last year. Peak demand that could not be met today, if any, will be available in a day, a government official said. Electricity demand surpassed the government's expected peak of 235 GW for solar hours in May. The power ministry had projected peak power demand at 235 GW this month during daytime and 225 GW during evening hours. The national capital recorded the highest ever peak of 8,302 MW as of 530 pm Wednesday. It breached the projected peak demand of up to 8,200 MW this summer. In Delhi, peak power demand crossed 7000 MW for 12 days in a row in May for the first time this calendar year. The city's peak power demand had clocked 8,000 MW on May 22. «The persistent heat wave across north India is leading to a sharp demand surge for electricity in the national capital,» a Tata Power Delhi Distribution Ltd spokesperson said.