The nomination for the initial public offering (IPO) of Billionbrains Garage Ventures Ltd., the parent company of Groww, closes today. The total issue size stands at around Rs. 6,632 crore.
The nomination for the initial public offering (IPO) of Billionbrains Garage Ventures Ltd., the parent company of Groww, closes today. The total issue size stands at around Rs. 6,632 crore.
intech company Pine Labs has opened its initial public offering, seeking to raise approximately Rs. 3,899.91 crore through a combination of fresh issuance and an offer for sale. The issue comprises a fresh issue of Rs. 2,080 crore and an offer for sale of Rs. 1,819.91 crore by existing shareholders.
Emmvee Photovoltaic Power Ltd, an Indian solar panel manufacturer heading towards its initial public offering, plans to invest around Rs. 55 billion (US$625.75 million) to expand its manufacturing capacity, reflecting confidence in domestic renewables demand.
Donald Trump on Thursday expressed strong admiration for Narendra Modi, calling him a “great man” and a “friend,” while indicating that a visit to India next year remains on the agenda.
Indian equity markets drifted lower on Thursday as the NIFTY 50 breached its key short-term support level of the 20-day exponential moving average and edged toward the 25,400 zone. Several heavyweight stocks captured attention amidst the weak market tone.
India’s Finance Minister Nirmala Sitharaman confirmed that the government has initiated discussions with the Reserve Bank of India (RBI) and various banks regarding consolidation in the banking sector. She emphasised that before any firm decisions on merging banks are taken, a more enabling environment will need to be created to allow banks to grow.
Singapore-based Singtel is reportedly set to sell about 5.1 crore shares — roughly 0.8 % of Bharti Airtel — through a block deal valued at around Rs 10,300 crore (≈ US$1.17 billion). The floor price for the deal is fixed at Rs 2,030 per share, representing approximately a 3.1 % discount to the company’s previous closing price of ~Rs 2,095.
India’s aviation growth story is hitting an unexpected snag. While Akasa Air and Air India are eager to expand their fleets, they are caught in a regulatory logjam in the United States that is delaying delivery of fully certificated planes — including aircraft that are technically complete, yet remain grounded because their seats have not received clearance.
The government is reportedly exploring a fresh wave of mergers in the public sector banking (PSB) space, aiming to create a few large global-scale lenders with assets and lending power capable of supporting India’s next phase of growth. While the aspiration is bold, a key question remains: will these consolidations truly transform the banking system—or […]
The formidable momentum once enjoyed by Ola Electric now appears to be wavering. After its entry into the electric two-wheeler market with strong aspirations, the company is now facing headwinds as it stands on the verge of losing its No. 4 position in the domestic category.
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