FOMO-driven investing is reshaping India's stock market. Swati Saxena explains how social media hype fuels risky bets and how to protect your wealth. Have money related questions? Ask rediffGURUS HERE. Illustration: Dominic Xavier/Rediff.com The fear of missing out (FOMO) is reshaping India's investing landscape, luring millions into high-risk bets driven by social media hype. From IPO frenzies to crypto booms, investors are chasing trends, not fundamentals. But is this strategy sustainable? ...

Shares worth over Rs 50,000 crore (or approximately $6 billion) are set to become freely tradable between now and April 10. Illustration: Uttam Ghosh/Rediff.com Historically, such substantial volumes have been absorbed by a buoyant block-deal market. However, this time, private equity (PE) firms and institutional investors holding pre-initial public offering (IPO) or anchor book shares may face an extended wait amid challenging market conditions.   Market participants note that the steep ...

Blue Origin's 10th human flight, NS-30, will lift off from Launch Site in West Texas on Tuesday, February 25. IMAGE: A Blue Origin New Shepard rocket launches. All photographs: Kind courtesy Blue Origin/Facebook Tushar Shah will be the one of the six crew members who will fly aboard the New Shepherd rocket owned by Blue Origin promoted by Jeff Bezos, the founder of Amazon. Blue Origin's 10th human flight, NS-30, will lift off from Launch Site in West Texas on Tuesday, February 25. The word ...

Ambani and Adani account for a fifth of the net worth of all billionaire promoters in the country and half the combined net worth of the top 10. Adani Group Chairperson Gautam Adani, left, and Reliance Industries Chairman and MD Mukesh Ambani, right, and other dignitaries at the Vibrant Gujarat Global Summit 2024 in Gandhinagar, January 10 2024. Photograph: ANI Photo   The club of billionaire promoters in India expanded to a record high of 201 members at the end of 2024, up sharply from ...

Udaan, India’s largest business-to-business (B2B) e-commerce company, has received approval from the National Company Law Tribunal (NCLT) for its internal corporate restructuring plan, according to sources.y consolidating into a single entity, the restructuring will enhance Udaan's agility and pave the way for various financing options, including the ability to pursue an initial public offering (IPO) in India by 2026, according to people familiar with the matter. “The company is ...