Investors bid for 64 times the shares on offer Institutional investors bid for 209x the shares Lender expected to benefit from luxury homes demand Analysts expect sharp gains in Sept. 16 listing Indian IPOs fetch 7 bln YTD, twice vs same period last yr BENGALURU, Sept 11 Reuters India39;s Bajaj Housing Finance BAJO.NS attracted bids […]

LONDON, Sept 12 Reuters The British pound was steady on Thursday after hitting a threeweek low against the dollar the day before after data showed the UK economy stagnated in July, while focus turned to next week39;s key inflation print and central bank meeting. Sterling was little changed on the day at 1.3052 and trading […]

MUMBAI, Sept 12 Reuters The Indian rupee was little changed on Thursday, holding above its lifetime low, supported by likely intervention from the Reserve Bank of India RBI amid weakness in most Asian currencies. The rupee was at 83.9725 against the U.S. dollar as of 1020 a.m. IST, nearly unchanged from its close at 83.9775 […]

TOKYO, Sept 12 Reuters The dollar traded near a fourweek high versus the euro on Thursday after signs of some stickiness in U.S. inflation reinforced expectations that the Federal Reserve would avoid a supersized interest rate cut next week. Meanwhile, a quarterpoint rate reduction from the European Central Bank ECB is widely expected later in the day, […]

JOHANNESBURG, Sept 12 Reuters The South African rand was little changed in early trade on Thursday ahead of the release of local mining output figures and an inflation expectations survey. At 0600 GMT the rand traded at 17.8925 against the dollar , not far from its previous close of 17.9050. The rand has mainly tracked […]

FTSE 100 up 1.1, FTSE 250 adds 1 Automobile and parts, industrial miners lead gains Fevertree Drinks falls after annual revenue growth forecast trim Sept 12 Reuters London39;s FTSE 100 hit its highest level in over a week on Thursday, amid broader gains after some clarity around the U.S. Federal Reserve39;s expected interest rate cut […]

ECB rate decision at 1215 GMT Spain39;s inflation eased to 2.4 in August ECB39;s Christine Lagarde remarks due at 1245 GMT Sept 12 Reuters European shares climbed 1 on Thursday, buoyed by strong performances among technology stocks, while investors awaited a policy decision from the European Central Bank later in the day where a rate […]

Spurred by spending on generative AI, data-center electricity use is poised to surge 4-10x by 2030, we calculate, likely driving demand for solar plus battery storage and natural gas generation.