Power Finance Corporation reported a nearly 9% rise in its September quarter net profit to ₹7,834.39 crore, driven by higher revenues. The company also declared an interim dividend and saw a 17% increase in consolidated Profit After Tax for H1…
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This marks the first-ever IPO by a two-wheeler accessories brand in India. The IPO was oversubscribed by 73.25 times.
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Quick commerce in India is expected to remain intensely competitive in the coming years, while the food delivery segment will continue to serve as the main profit engine for online platforms, noted a report by Bernstein Research.
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Lenskart’s IPO grey market premium has plummeted by 70% ahead of its listing, raising concerns about substantial listing gains despite strong oversubscription. While the company boasts a robust business model and impressive financial growth, elevated valuations and subdued secondary market…
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Saatvik Solar Industries has secured new orders totaling ₹299.40 crore for solar photovoltaic modules from three Indian independent power producers and EPC players. These repeat orders, to be executed between December 2025 and March 2026, will bolster the company’s order…
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Stressing that Indian banks are far more mature today than they were a decade ago, RBI Governor Sanjay Malhotra said on Friday that the Central Bank does not aim to micromanage things, adding that no regulator should substitute for boardroom…
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