Curated coverage of DRHP filings, SEBI approvals, grey market trends, institutional bidding updates, and market listing reviews.
Brokers mixed in view with some terming the 200 pt surge in Nifty in two minutes an anomaly, while others attributed lower awareness leading to a demand -supply mismatch
Saif Partners India IV Ltd, Saif III Mauritius Co. Ltd, and Elevation Capital V Ltd will be selling up to 14.9 million shares, which equal 2.3% of Paytm.
Centre will offer a 2.5% stake with a 4% greenshoe option at a floor price of ₹382 a share, helping LIC meet minimum public shareholding norms ahead of schedule
SBI Funds Management reported a standalone profit of ₹873 crore for the June quarter, up 3.3% from last year. Despite weak market sentiment, retail investor confidence remained strong, with equity inflows driving QAAUM growth to ₹12.6 trillion, maintaining its largest asset manager status.
MakeMyTrip says it is evaluating options including ADRs and restructuring after its India IPO to enable seamless investor participation across US and Indian markets
Wall Street expects Palantir to deliver another strong quarter, with revenue projected to rise 80.8% year over year, accelerating from the 48% growth recorded in the corresponding period last year
Prasanta Mahapatra has taken charge as Executive Director of markets regulator Sebi and will handle the Corporation Finance Investigation Department and the Recovery and Refund Department. Before his elevation as Executive Director, Mahapatra was the Chief General Manager at the Securities and Excha...
IREDA's Q1 FY27 showed mixed results with net profit at ₹339 crore, up 37.1% YoY but down 31.3% sequentially. Revenue rose 15.5% YoY to ₹2,249 crore, offset by increased finance costs and provisions, impacting profitability despite stable asset quality.
PhonePe said 77% of Daily SIP users are from B30 cities, while CAMS reported record mutual fund AUM and double-digit growth in profit and revenue
The Indian stock market saw unusual divergence as the Nifty 50 surged 1.60% to 24,773, while the Sensex gained 0.70% to 78,639. This occurred due to SEBI's new Closing Auction Session mechanism aimed at improving price discovery.
Following the successful integration of HPE's Communications Technology Group (CTG) business in 2024, the completion of the Telco Solutions business acquisition represents the next milestone in HCLTech's telecom strategy. At a time when Communications Service Providers (CSPs) are accelerating invest...
Public sector banks got $8.8 billion under the scheme, private sector banks $10.7 billion and foreign banks $8.4 billion. The remaining came into small finance banks and cooperative banks, the data showed.