IPO-bound Shiprocket partners with CriticaLog; forays into premium shipping segment
As e-commerce adoption rises among these merchants, particularly in smaller towns, the need for dependable logistics solutions will become critical.
Axiscades appoints K P Mohanakrishnan as Deputy CEO & President - Aerospace
Mohanakrishnan steps into the role following a career of over three decades spanning across aerospace and defence, automotive, and general engineering.
Bear House raises Rs 50 crore in Series A funding led by JM Financial PE
This marks the eighth investment by JM Financial India Growth Fund III. The Bengaluru-headquartered Bear House is a men's apparel and accessories brand.
Third-Party logistics provider Om Freight Forwarders files IPO papers with SEBI
Om Freight Forwarders IPO | The IPO involves a fresh issuance of shares worth Rs 25 crore with an offer for sale of up to 72.50 lakh equity shares by the promoters.
IndiQube, GSP Crop Science, Ganesh Consumer Products get Sebi's nod for IPO
The three firms are looking to raise at least Rs 1,260 crore collectively through the initial share sale.
IPO-bound CIEL HR Services acquires Vibrant Screen to strengthen HR solutions portfolio
CIEL HR Services | Vibrant Screen serves a diverse client base of over 240 organisations across the BFSI and IT sectors, including Fortune 500 companies.
Green Portfolio launches AIF with Rs 300-crore target corpus
Of the Rs 300 crore, Green Portfolio has already secured over 50 percent of its commitments from existing and potential investors.
Eli Lilly’s weight loss drug remains expensive for most Indians despite local pricing
Unlike the US, Europe or other developed markets, Mounjaro will have to be purchased out-of-pocket in India, as obesity is yet to be officially recognised as a disease here. This also keeps it out of reach for the average Indian.
Apollo Green Energy to form subsidiary; invest Rs 500 crore to build 1GW portfolio
AGEL Renewable Energy will hire up to 200 people across various roles, including engineering, project management, research and development, and operations.
Meir Commodities files draft papers with Sebi to raise funds via IPO
Meir Commodities India IPO is a mix of fresh issues 52.94 lakh shares and an offer-for-sale (OFS) of 35.29 lakh shares by promoter Rahil Irfan Iqbal Shaikh.
CIEL HR Services receives approval from SEBI to float IPO, Saatvik Green Energy draft papers returned
On the other hand, SEBI has returned offer document of Saatvik Green Energy on February 10 while Fujiyama PowerSystems has withdrawn the offer document on February 12.
Rite Water Solutions files Rs 745-crore IPO papers with SEBI
Rite Water Solutions IPO | The IPO comprises a fresh issue of equity shares of up to Rs 300 crore with an offer for sale (OFS) component of shares aggregating to Rs 445 crore by the promoters and investor selling shareholder.
Granite producer Midwest gets Sebi approval for Rs 650-crore IPO
The proposed initial public offering (IPO) of Hyderabad-based Midwest is a mix of fresh issue of shares up to Rs 250 crore and an Offer For Sale (OFS) of up to Rs 400 crore by promoters.
Mahindra Finance Q3 profit rises 63% to Rs 899 crore
Mahindra Finance's consolidated profit after tax stood at Rs 918 crore during the December 2024 quarter, up 47 percent year on year.
FPIs incessant selling continues; withdraw Rs 64,000 cr from equities in January
The overall trend indicates a cautious approach by foreign investors, who scaled back investments in Indian equities significantly in 2024, with net inflows of just Rs 427 crore.
LIC Mutual Fund launches multi asset allocation fund
The New Fund Offer (NFO) opened on January 24 and will conclude on February 7. The scheme will reopen for continuous sale and repurchase on February 18, the company said in a statement
KFin Technologies Q3 profit rises 35% to Rs 90 crore
KFin Technologies Earnings: For the nine months of FY25, the company's PAT stood at Rs 247.57 crore, marking a 44.3 percent year-on-year increase.
Alchemy Capital launches smart alpha 250 AIF
The AIF will predominately focus on listed large and mid-cap investments, the company said in a statement.
EPack Prefab Technologies files IPO papers; aims to raise Rs 300-cr via fresh issue
EPack Prefab Technologies IPO | The IPO comprises fresh issues of shares worth Rs 300 crore and an offer-for-sale (OFS) of 1 crore shares by promoters.
Netweb Technologies Q3 profit rises 16% to Rs 30.3 crore
Netweb Technologies has an order book of Rs 360 crore as of December 2024.
Capital Infra Trust InvIT makes flat market debut; ends almost unchanged
Capital Infra Trust's market valuation stood at Rs 2,726.74 crore.
Avendus clinches first close of Rs 850 crore for its Future Leaders Fund III
Avendus Future Leaders Fund III | Leading domestic family offices and Indian institutions participated in this 'first close'.
JM Financial appoints Ankur Jhaveri as MD & CEO of institutional equities business
With nearly two decades of experience in institutional equities and derivatives, Jhaveri joins from Axis Capital, where he served as Managing Director.
Himadri Speciality Chemical reports 31% jump in profit to Rs 141.94 crore
Himadri Speciality Chemical reported a 7.53 percent growth in revenue to Rs 1,131.81 crore in Q3FY25, as compared to Rs 1,052.51 crore in Q3FY24.
Standard Glass Lining shares close nearly 17% higher in market debut trade
Standard Glass Lining Technology's market valuation stood at Rs 3,258.70 crore.
