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Ananya Birla-promoted Svatantra Microfin files for Rs 3,000 crore IPOSvatantra Microfin has filed for a Rs 3,000 crore IPO, comprising Rs 1,500 crore fresh shares and Rs 1,500 crore OFS. Promoter Ananya Birla...
Uber, Rapido held talks to combine India ops; deal collapsed over control: sourcesUber and Rapido discussed merging their India ride-hailing operations in May, sources told us. Talks collapsed after disagreements over the...
Motilal Oswal puts Rs 1,500 crore into Inox Clean Energy’s expansionMotilal Oswal Group committed ₹1,500 crore to Inox Clean Energy for growth initiatives. The investment uses compulsorily convertible debent...
US Congress advances penny phaseout bill: What it means for you, the rounding rules, and how cash transactions could changeCongress is moving to end the production of one-cent coins for general circulation. The proposed Common Cents Act allows retailers to round...
Tata Trusts to set up selection panel to pick N Chandrasekaran’s successor at Tata SonsTata Trusts has started the process to find N Chandrasekaran’s successor as Tata Sons chairman after he decided not to seek another term. H...
Gaja Alternative Asset Management IPO sets price band for Rs 550 crore issue, opens August 19Gaja Alternative Asset Management is set to launch its Rs 550 crore IPO on August 19, with a price band of Rs 152-160 per share. The issue ...
Muthoot Fincorp appoints four lead managers for IPOIn a significant move, Muthoot Fincorp has engaged lead managers to facilitate its upcoming ₹3,000-crore initial public offering. The draft...
Apollo Hospitals Q1 Results: Net profit jumps 38% YoY to Rs 610 crore; revenue rises 21%Apollo Hospitals reported a 38.4% year-on-year rise in Q1FY27 net profit to ₹610 crore, while revenue grew 20.6% to ₹7,044 crore. EBITDA in...
AvenuesAI Q1 PAT rises 45 percent; Company positions Rediff, US Payments and AI as next growth enginesAvenuesAI's consolidated revenue from operations more than doubling 109% year-on-year to Rs 2,680.4 crore and profit after tax rising 45% t...
Delhi govt repeals B&B policy; mulls new, flexible framework suited to emerging needsDelhi's nearly two-decade-old bed and breakfast policy has been repealed by the government. A new regulatory structure is being studied fro...
Govt considering sending FCRA Bill to joint committee of Parliament for further scrutiny: SourcesThe government is considering sending the FCRA Amendment Bill to a joint parliamentary committee. Opposition parties, including Congress an...
RBI curbs on NBFC flexi credit may push lenders towards bullet loans, raise costs: KotakThe Reserve Bank of India's (RBI) proposed restrictions on revolving credit facilities offered by non-banking financial companies (NBFCs) m...
Market study in works to regulate big technology firmsThe corporate affairs ministry plans to implement an evidence-based methodology for the upcoming Digital Competition Bill. A thorough marke...
Adani Group 'lying brazenly' to stock exchanges: Mahua Moitra over group's alleged airline plansA purported June 4 letter from Adani Airports to the Airports Authority of India (AAI) seeks a waiver that would allow Adani Defence & Aero...
US proposes to end the 60-day H-1B grace period; experts warn of 'severe regression'US proposal to end the 60-day H-1B grace period threatens job displacement. Experts warn this change will lead to significant loss of skill...
Govt considering raising CCEA approval threshold for FDI proposals to Rs 15,000 crore: SourcesThe government is considering raising the FDI approval threshold for proposals requiring CCEA clearance to Rs 15,000 crore from Rs 5,000 cr...
Rajya Sabha to take up Taxation, Bankers’ Books bills on MondayThe Rajya Sabha will consider two important bills on Monday. The Taxation and Other Laws (Amendment) Bill proposes significant tax changes....