In Samvat 2081, 103 mainboard IPOs raised ₹1.75 trillion, with Stallion India Fluorochemicals, Zinka Logistics Solutions, Quality Power Electrical Equipment, Aditya Infotech and Ather Energy delivering the highest returns for investors, Prime Database data show.
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Japanese lender Sumitomo Mitsui Banking Corporation has no immediate plans to increase its stake in Yes Bank beyond 24.99%. A senior executive stated the bank is focused on contributing to Yes Bank’s board as its largest shareholder and does not…
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Coca-Cola is reportedly exploring a potential $1 billion initial public offering for its Indian bottling unit, Hindustan Coca-Cola Beverages. The company has engaged with bankers to discuss the listing, which could value the subsidiary at $10 billion. These discussions are…
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Minister of Petroleum and Natural Gas Hardeep Singh Puri said on Friday that India and Brazil have agreed to expand their partnership in oil exploration and production, with Indian upstream oil companies such as ONGC expected to participate in upcoming…
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India’s commercial real estate market experienced a significant upswing in Q3 CY25, with office leasing surpassing supply for the sixth consecutive quarter. Net leasing rose 31% year-on-year to 15.9 million sq. ft, while completions increased 44% YoY. Vacancy rates dipped…
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Gold smuggling into India is surging. Record high prices and limited supply are driving this trend. Festival demand is high. Smugglers are finding it very profitable to bring gold into the country. Government agencies are working to stop these attempts.…
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