Investor enthusiasm surged on the final day of the National Stock Exchange’s landmark IPO, with qualified institutional buyers oversubscribing their segment by more than twelve times. Retail interest was also robust, nearly doubling their intended allocation. The shares are set…
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With regulatory approvals set to expire by the end of September, nearly twenty-four companies are racing against the clock to launch their initial public offerings. These firms aim to raise a staggering total of over Rs 40,755 crore. If they…
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According to the latest report by CRIF HighMark, India’s MSMEx credit portfolio saw banks outshine NBFCs and other businesses, accounting for 73.5% of the outstanding credit altogether.
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India’s core sector output growth slowed to 4.8 percent in August. This easing was due to contractions in energy sectors and an unfavorable base. Fertilizer production declined significantly for the sixth consecutive month. However, electricity and cement sectors showed strong…
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Jayanti Prasad has taken additional charge as Insolvency and Bankruptcy Board of India Chairperson. He succeeds Ravi Mital, who completed his tenure after turning sixty-five last week. Prasad will serve in this role until November 20, 2026, or until a…
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Authorities are increasing scrutiny of online sellers and imports before the busy festive shopping period. The Central Board of Indirect Taxes and Customs is collaborating with e-commerce platforms to identify suspicious products. This intensified monitoring targets imported goods sold at…
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