Curated coverage of DRHP filings, SEBI approvals, grey market trends, institutional bidding updates, and market listing reviews.
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
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
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
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.
At 11:44 a.m. ET the Dow Jones Industrial Average rose 1.06%, the S&P 500 gained 1.22%, the Nasdaq Composite jumped 1.87%
Marriott International reported stronger-than-expected Q2 earnings, highlighting resilient global travel demand. RevPAR rose 3.4% overall, with the US and Canada increasing 5%. However, international RevPAR fell 0.5%.
India has achieved near-universal banking coverage, with 99.92% of inhabited villages (6,00,868 out of 6,01,328) now served by a banking outlet (Bank branch/ Business Correspondent / India Post Payments Bank (IPPB)) within a radius of 5 km, as per the data uploaded by banks on Jan Dhan Darshak (JDD)...
US stock futures rose on 3 August after Trump cancelled military strikes on Iran, easing tensions and lowering crude oil prices. Dow futures increased 413 points, while S&P 500 and Nasdaq-100 futures also gained. Investors remain cautious amid concerns about inflation and interest rates.