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Augmont Enterprises shares debut at 22% premium over IPO priceThe Rs 825 crore IPO, priced at Rs 788 per share, comprised a fresh issue of 79 lakh shares worth Rs 620 crore and an offer for sale (OFS) ...
Nifty mega caps are going nowhere. Why Samco CIO Umesh Mehta put 75% of his Flexicap fund beyond largecapsMutual Fund CIO Umesh Mehta says Nifty mega caps may remain subdued as institutional ownership limits fresh buying and earnings momentum sh...
Union Bank, LIC Housing Fin, Canara Bank challenge NCLT nod to Subhash Chandra resolution planCanara Bank, Union Bank of India, and LIC Housing Finance will challenge a repayment plan. The National Company Law Tribunal approved the p...
Chandigarh Taxi Union protests against cab aggregators over alleged exploitationChandigarh taxi drivers continue their ninety-day protest against cab aggregators. They demand government-mandated fares and promised polic...
Mahadev Betting case: DGGI seeks ₹40,603 cr in GST from promotersThe DGGI has issued show-cause notices to Mahadev Book promoters for over ₹40,603 crore. These notices propose GST demands and penalties fo...
EESL, PNGRB ink pact to deploy smart domestic PNG metersEnergy Efficiency Services and the Petroleum and Natural Gas Regulatory Board have signed an initial pact. This collaboration aims to accel...
DGGI gives Chandrakar, Uppal 30 days to respond to Rs 40,603 crore GST demandThe DGGI has issued notices to Mahadev Book promoters demanding over Rs 40,603 crore in GST. These notices cover alleged transactions linke...
India Inc revenue growth to moderate to 13-15 pc in Q2; margins to contract: ReportIndia Inc's revenue growth is projected to contract to fifteen percent in the September quarter. Operating profit margins are expected to c...
India Inc’s revenue growth to moderate to 13-15% in Q2 FY27; margins under pressure: ICRAIndia Inc’s revenue growth is expected to moderate to 13-15% in Q2 FY27 from 21.3% in Q1, ICRA said. Higher input costs could squeeze margi...
In 2008, University of Michigan researchers won a $2 million grant to make parked EVs feed power back to the grid. 18 years later, some firms have reached commercial offerings, turning some parked cars into grid-connected batteriesIn 2008, University of Michigan researchers received a $2 million grant to test a simple premise: drawing power back from parked vehicles. ...
Korean manufacturers have stopped testing the Indian market. They are now committing to it.The shift from testing a market to supplying it changes what an exporter must bring-and Korean small manufacturers are arriving with certif...
Post-pandemic trend: Strong divergence in corporate profit vs investment math captures policy attentionPost-Covid, corporate profits have beaten the pace of investment recovery in a major way. Companies are reaping greater returns from their ...
India adds 1.26 million credit cards in July as spending rises; HDFC, SBI lead the wayhealthy demand Industry card additions rise 11.5% over June; Card spends hold above ₹2 lakh-crore mark; Transaction volumes surge but the v...
Tata Steel gets interim relief in Rs 1,755 crore Jharkhand coal mining demand caseTata Steel received interim relief from a Rs 1,755 crore demand by Jharkhand. The Ministry of Coal's Revisional Authority will consider the...
Q1 earnings show resilience, but downside risks still loom. HSBC explains whyIndian companies delivered better-than-expected Q1FY27 earnings, with around 70% of firms meeting or beating HSBC’s estimates. Mid- and sma...
Before the first server hums: India needs an impact test for the AI ageBefore advancing with AI infrastructure in India, it is crucial to conduct thorough impact assessments. Large data centres have high demand...
MP Steel files IPO papers; plans Rs 95 crore fresh issue, 23.07 lakh-share OFSMP Steel Limited has submitted its Draft Red Herring Prospectus (DRHP) to SEBI as it prepares for its initial public offering. The company ...
Growth broadens across India Inc: What an 8-quarter earnings review reveals about sectors, risks and returnsET Wealth presents an 8-quarter earnings assessment report of various sectors. The year-on-year net profit growth for 18 sectors is present...
- AI capex slowdown could derail India's cyclical recovery, weigh on growth: Nuvama
Any slowdown in the global artificial intelligence (AI) capital expenditure boom could pose a significant risk to India's ongoing cyclical ...
NBFC growth outlook remains resilient; margin pressures, asset quality key monitorables: ReportNon-banking financial companies anticipate steady growth in the near future. Credit demand remains healthy, and asset quality is expected t...