Ethan Carter

Yet another MNC listing! Apollo Global picks 4 bankers, kicks off Tenneco’s India IPO eyeing up to $2.5-bn valuation

Apollo Global Management has shortlisted 4 investment banks as advisors as the global private equity giant prepares to list the India arm of its portfolio firm, US-based auto component maker Tenneco Inc, multiple industry sources in the know told Moneycontrol. “The IPO process for Tenneco’s India operations has kicked off earlier and the issue may…

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Taking Stock: Bulls take Sensex higher, Nifty rides out auto tariff to end near 23,600 on expiry day

Bulls dominated the trading session on March 27, erasing early weakness over US automotive tariffs, with benchmark Nifty 50 index ending near 23,600 on across-the-board buying, barring auto and pharma names. At close, the Sensex was up 317.93 points or 0.41 percent at 77,606.43, and the Nifty was up 105.10 points or 0.45 percent at 23,591.95. BSE Midcap…

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Trump’s Auto Tariffs: These Indian companies will be most affected, should investors avoid them?

US President Donald Trump has announced a 25 percent tariff on finished vehicle imports, effective April 3. The levy will be applicable to major automotive parts as well. The policy includes a partial tariff exemption for vehicles and components that comply with the USMCA (United States-Mexico-Canada Agreement) rules, limited to the value of US-produced content….

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US intel links India, China to fentanyl trafficking: What you should know about the deadly synthetic opioid?

A recent threat assessment report published by the United States has named India and China as “sources of precursors and equipment for drug traffickers” and the “primary source country for illicit fentanyl precursor chemicals and pill pressing equipment.” The ‘2025 Annual Threat Assessment (ATA)’, released on Tuesday, is the Intelligence Community’s (IC) official, coordinated evaluation…

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India shines on foreign investors’ radar this week with $1.4 billion of inflow, highest across Asian markets

After a relentless selloff since September 2024, foreign investors have resumed buying in Indian shares, ploughing $1.39 billion into equities this week alone, the highest inflow across Asian markets, data from Bloomberg has showed. FIIs have turned net buyers of Indian equities since March 20, purchasing around $2.37 billion during this period after having sold…

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