Tag: India

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Tata Capital IPO Makes Muted Market Debut After $1.75 Billion Offering

Tata Capital’s $1.75 billion IPO saw shares rise 1.37% in trading debut on NSE and BSE. The Tata Group financial arm’s offering was fully subscribed with strong institutional demand. India continues as one of world’s most active IPO markets.

Tata Capital, the financial services arm of the renowned Tata Group, made a modest market debut Monday with shares rising 1.37% following its massive ₹155.1 billion ($1.75 billion) initial public offering. The stock began trading on both the Bombay Stock Exchange and National Stock Exchange after one of India’s largest IPOs this year.

Tata Capital IPO Subscription and Pricing Details

by Daniel R.Collins
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SoftBank’s Graphcore Announces $1 Billion India Investment, Opens AI Engineering Campus

Graphcore, the SoftBank-owned chip designer, has committed to investing $1 billion in India over the next decade while opening a new AI engineering campus in Bengaluru. The expansion will create 500 semiconductor jobs and strengthen India’s position in global AI development.

SoftBank Group-owned semiconductor company Graphcore has announced a massive $1 billion investment commitment in India alongside the opening of a new AI engineering campus in Bengaluru. The decade-long investment strategy represents one of the largest foreign direct investments in India’s semiconductor sector and signals SoftBank’s growing confidence in the country’s technological capabilities.

Graphcore’s Major India Expansion Strategy

by Ortega Rafael