Business
NSE invites investment banks to pitch for managing IPO
“The pitching process is expected to commence by mid-March, with the exchange likely to initiate the process of filing its draft red herring prospectus in April,” a source told ET. An email sent to NSE remained unanswered.
Rothschild is assisting NSE to select lead bankers, legal counsels and other intermediaries for the IPO. The IPO will be an offer for sale, which means existing shareholders may dilute their stake while the exchange will receive no fresh funds.
According to people familiar with the IPO details, existing investors are expected to offload about 4-4.5% of the exchange’s total equity. Life Insurance Corporation of India continues to be the single largest investor in NSE with a 10.72% holding. It is followed by Aranda Investments Mauritius Pte at 4.54%, Stock Holding Corporation of India Ltd at 4.44%, SBI Capital Markets Ltd at 4.33%, and Veracity Investments Ltd with a 3.93% stake. It couldn’t be ascertained who will offer their shares in the IPO.
In the unlisted market, NSE is currently valued at ₹5 lakh crore. Based on prices in the unlisted market, the IPO could raise approximately ₹23,000 crore. On Thursday, NSE shares in the unlisted market were trading at ₹2,035 per share. Last month, the Sebi issued the much-awaited no-objection certificate for the IPO, ending a regulatory impasse that had stalled the listing for nearly a decade.
Early in February, NSE’s board approved the IPO and appointed a six-member panel to facilitate the IPO process. The newly-constituted committee is led by Tablesh Pandey, along with public interest directors Srinivas Injeti, Prof. Mamata Biswal, Abhilasha Kumari and Prof. G Sivakumar, as well as NSE’s MD and CEO, Ashishkumar Chauhan.
Business
Coffee and ground beef prices surge most in 2 years, report finds
Federal Reserve Bank of New York President John Williams discusses market impacts of the Iran War, inflation outlook and more on ‘The Claman Countdown.’
Americans are facing a tale of two grocery lists.
While some prices are cooling, the items families rely on most for energy and nutrition — meat and coffee — are seeing sharp increases that wipe out any savings in the bread aisle.
Fourteen of the 25 most common grocery store staples rose in price from February 2024 to February 2026, with the top five largest increases coming from coffee (+55%), lettuce (+39%), ground beef (+31%), sirloin steak (+21%) and orange juice (+15%), according to a new report from CouponFollow that analyzed Consumer Price Index (CPI) data from the past two years.
Coffee was the fastest-rising staple in the study, with a pound of ground roast costing $6.09 in 2024 compared to $9.46 in 2026. Going back to 2020, coffee prices have reportedly increased 123%.
JAMIE DIMON WARNS IRAN WAR COULD DRIVE INFLATION, INTEREST RATES HIGHER
Ground beef has hit $6.74 per pound, a 31% increase from 2024 and 74% above pre-pandemic levels.

Customers shop for beef at a grocery store on April 6, 2026, in Los Angeles, California. (Getty Images)
With ground beef prices in mind, CouponFollow ran a “taco night test,” tracking specific meal scenarios to show how inflation affects consumers. A family of four is paying nearly $25 just for basic taco ingredients, compared to just $17.50 six years ago.
If you can live on eggs and toast, your bill might be lower than it was two years ago, with egg prices decreasing the most (-17%), followed by white bread (-8%), spaghetti (-8%) and butter (-7%).
Still, the report warns that “the items still climbing are rising fast enough to offset those declines.”
‘The Big Money Show’ discusses the growing trend of young adults getting financial help from their parents.
“Grocery inflation isn’t going away overnight, but small changes to how and where you shop can add up fast. Paying attention to which categories are rising and which are cooling, stocking up on pantry staples when prices dip, and being flexible with pricier proteins are all easy ways to stretch your grocery budget a little further,” CouponFollow notes. “Stacking those habits with coupons and deals can make an even bigger dent in your weekly bill.”
Economic experts have also recently cautioned that high oil prices due to the Iran war are pushing gasoline prices higher, and that could lead to grocery bills rising for American consumers.
The increase in oil, gas and diesel prices raises transportation costs for businesses, including grocery stores, which may face pressure to raise food prices and other items if the situation continues.
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Federal Reserve Board Gov. Michelle Bowman discusses where interest rates are going and the job market performance on ‘Maria Bartiromo’s Wall Street.’
“Every time something moves in the economy, it will cost more,” said Derek Reisfield, co-founder of MarketWatch and a former McKinsey consultant. “Someone, usually the end consumer, will have to pay for that.”
Gregory Daco, chief economist at EY-Parthenon, previously told FOX Business: “For U.S. consumers, what this means is that while there is currently a price shock at the pump being felt directly by consumers, there’s still uncertainty as to how long this shock will last.”
FOX Business’ Eric Revell contributed to this report.
Business
SigmaRoc executives acquire shares through employee plan

SigmaRoc executives acquire shares through employee plan
Business
Flowers Foods chief supply chain officer retiring

Search for successor to Tom Winters gets underway.
Business
Rainbow Rare Earths Limited 2026 Q2 – Results – Earnings Call Presentation (OTCMKTS:RBWRF) 2026-04-09
Seeking Alpha’s transcripts team is responsible for the development of all of our transcript-related projects. We currently publish thousands of quarterly earnings calls per quarter on our site and are continuing to grow and expand our coverage. The purpose of this profile is to allow us to share with our readers new transcript-related developments. Thanks, SA Transcripts Team
Business
U.S. Money Markets: Slow Calm To Steady State
U.S. Money Markets: Slow Calm To Steady State
Business
Epam Systems stock hits 52-week low at $125.53

Epam Systems stock hits 52-week low at $125.53
Business
BlackBerry earnings up next: All eyes on FY27 revenue outlook

BlackBerry earnings up next: All eyes on FY27 revenue outlook
Business
The U.S. Tariff Shock In 2025 Vs. 2026 – Same Negative Impact, Different Drivers
The U.S. Tariff Shock In 2025 Vs. 2026 – Same Negative Impact, Different Drivers
Business
Main Roads buys $59m Naval Base sites
The two purchases in Naval Base are part of Main Roads’ plans to make way for the state’s $7.2 billion Westport project.
Business
American Airlines raises checked bag fees, trims economy perks amid soaring fuel prices

American Airlines raises checked bag fees, trims economy perks amid soaring fuel prices
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