Bain Capital-backed Emcure Pharmaceuticals, on Tuesday, said that it has raised over ₹582 crore from anchor investors a day before its initial public offerings (IPO) opens for subscription. According to the exchange filing, the company has allocated 57,79,850 shares to 48 anchor investors at the price of ₹1,008 per share. […]

Following the latest SEBI circular mandating uniform charges among market infrastructure institutions such as stock exchanges, brokerages are facing pressure.  Nithin Kamath of Zerodha said on Tuesday that the brokerage may need to reconsider its zero brokerage model or potentially raise brokerage fees for F&O (futures and options) trades. “Since […]