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MID SIZED INDIAN COMPANIES
InMobi appoints JPMorgan, Jefferies for nearly $1 billion IPOThe SoftBank Group Corp.-backed firm is likely to seek a valuation of $5 billion to $6 billion in a share offering, Bloomberg News reported...
Bajaj Finance to issue near 3-year bonds, bankers sayBajaj Finance is set to raise twenty billion rupees via bond sales, offering bonds that will mature in two years and eleven months. The bon...
HDB Financial to reissue 3-year bonds, bankers sayHDB Financial Services is gearing up to secure ten billion rupees via a bond reissue, enticing investors with a yield of seven point seven ...
UTI AMC's V Srivatsa warns against midcap valuation, says risk-reward better in largecapsThe mid cap also is expected to grow in similar lines and trades at 50% premium to large caps. While the longer-term outlook for mid cap is...
Japan's SOMPO seeks control of Universal GeneralJapan's SOMPO Insurance is discussing increasing its stake in Universal SOMPO General Insurance. The Japanese insurer aims to acquire share...
SBI Funds pays razor-thin banker fees on top India IPO of 2026Investment banks managing SBI Funds Management's IPO will receive minimal fees. These managers will split fees of ₹46.25 million, a fractio...
FCNR scheme: Withholding tax fear haunts US, Singapore NRIsNon-resident Indians residing in Singapore and the United States are expressing significant concerns over withholding taxes. These taxes th...
ePlane unveils full-scale electric air taxi prototype; flight tests targeted for 2027The ePlane Company has unveiled its e200X electric aircraft prototype. This eVTOL aircraft is designed for passenger and cargo transport se...
Carnelian Capital plans PE foray with Rs 2,000 crore fundThe investment manager, which oversees about ₹18,300 crore across portfolio management services and alternative investment funds, plans to ...
AI to fuel India's tech services growth; public cloud spending to reach USD 17.5 bn in 2026: ReportIndia's technology services sector is expected to see strong AI-led growth, with end-user spending on public cloud services projected to su...
China now has nearly 500 J-20 stealth fighters, says a report. Where does India's AMCA stand?China's J-20 stealth fighter fleet has significantly expanded, with estimates suggesting around 500 aircraft delivered. This rapid growth r...
India’s tech export story is entering a multi-corridor eraEurope is becoming a stronger corridor for Indian technology exporters, with demand led by cloud migration, cybersecurity, AI adoption, ent...
Mosquito killer drone: This 40-gram, palm-sized AI micro-drone kills flying insects and could one day help 'eradicate' mosquitoesMosquito killer drone: A palm-sized AI micro-drone has autonomously detected, tracked and intercepted a flying moth in mid-air, marking a s...
NFO Insight: Can Abakkus Large & Mid Cap Fund help investors navigate volatile markets?Abakkus Mutual Fund has launched its third equity NFO, the Abakkus Large & Mid Cap Fund. This new fund aims to navigate volatile markets by...
Swiggy and HPCL to pilot on-demand cooking gas cylinder delivery via InstamartSwiggy and Hindustan Petroleum announced a new partnership for cooking gas cylinder deliveries. This service marks India's first quick-comm...
NFO Alert: The Wealth Company Mutual Fund announces launch of midcap fundThe Wealth Company Mutual Fund has launched a new midcap equity scheme. This open-ended fund will invest predominantly in midcap stocks. Th...
Hormuz turmoil sends gold lower, disrupts India's tea and basmati exportsGulf hostilities impacting the Strait of Hormuz have disrupted Indian commodity markets. Gold and silver prices have fallen sharply, while ...
India nears accepting sweetened Fairfax offer for IDBI BankIndia's government is nearing acceptance of Fairfax Financial's offer for IDBI Bank. Fairfax may slightly increase its per-share bid for th...
As automation spreads, India's FMCG companies rethink the size of their workforceHindustan Unilever and Dabur reduced permanent staff while others increased headcount. Median employee remuneration saw increases ranging f...
Nissan targets two lakh annual sales from India; launches mid-size SUV TektonNissan India targets two lakh annual car sales, balancing domestic and export volumes. The company plans to introduce new products and incr...