Business

Citius TransNet InvIT raises Rs 497 crore from anchor investors ahead of IPO

Citius TransNet Investment Trust IPO | The price band has been fixed at Rs 99 to Rs 100 per unit.

PropShare Celestia IPO subscribed 1.33 times on final day, listing likely next week

PropShare Celestia IPO | The public issue has received bids for 3,090 units in last four days since April 10, against the offer size of 2,323 units. Non-institutional investors provided the biggest support to the public issue, bidding 4.81 times their allotted quota, while the portion set aside for institutional investors was subscribed 17 percent. PropShare Celestia, the third scheme set up by Property Share Investment Trust in December 2025, reserved 75 percent of the offer size for institutional investors and the remaining 25 percent for non-institutional investors.

Wipro to stay away from campus hiring for now amid AI shift

Meanwhile, Wipro’s total headcount rose marginally by 135 employees, the Bengaluru-headquartered firm now employs 242,156.

HDFC Life Q4 Results: PAT rises 4% Rs 496 cr, VNB up 7%; insurer declares Rs 2.1 dividend

Renewal premium grew 15 percent year-on-year to Rs 43,290 crore, driven by a growing backbook and improving persistency trends

Wipro board approves Rs 15,000-crore share buyback via tender offer at 19% premium

The share buyback price reflects a premium of 19 percent over Thursday's closing price of Rs 210.15 per share on NSE.

SG Finserve shares rise 12% as Q4 net profit jumps 29% QoQ

SG Finserve is part of the APL Apollo Group and focuses on specialised supply chain financing for dealers, distributors, and logistics partners

Maruti Suzuki loses grip on India’s car market, share sinks to a 13-year low in FY26

Having once commanded about half of India’s car market, the company's share has declined by nearly 12 percentage points since FY20

Wipro Q4 Results 2026 Highlights: Net profit rises 12% QoQ to Rs 3,502 crore, Rs 15,000-crore share buyback announced

The company's revenue from operations rose 7.6 percent to Rs 24,236.3 crore in the fourth quarter of FY26.

Piper Serica deploys Rs 210 crore in 33 startups; to invest remaining Rs 63 crore in 2-3 months

Piper Serica's current portfolio includes startups like Alt Mobility, Sensesemi, Pantherun, Freed, Coratia Technologies, and Six Sense Mobility.

PropShare Celestia IPO garners 98% subscription, offer to remain open till tomorrow

PropShare Celestia IPO | The Rs 245-crore public issue will remain open till April 16.

HDB Financial Q4 results: Net profit rises 41% to Rs 751 crore, NBFC declares Rs 2 dividend

The firm's interest income rose 13% to Rs 4,081 crore in Q4FY26 as against Rs 3,623 crore in the year-ago period

Rubicon Research bets on India’s CNS market with Arinna Lifesciences buyout

The Mumbai‑based drugmaker said it will acquire 85 percent equity in Arinna Lifesciences Ltd., valuing the CNS‑focused company at an enterprise value of Rs.200 crore on a cash‑ and debt‑free basis.

Indian pharma sites see fewer USFDA official actions in FY26 even as surprise inspections expand

The decline has unfolded alongside the agency’s move to expand unannounced foreign inspections, a policy intended to tighten oversight and eliminate inspection‑day compliance fixes.

Moneycontrol Pro Panorama | EVs to create new set of winners and losers

In today’s edition of Pro Panorama: Star power in AMC, Bosch’s margin game, guardrails for SIP, war cloud over steel prices, India’s energy maths, and much more

War, geopolitics, trade tensions reshape the corporate strategy playbook

Geopolitics is no longer background noise for business — It's moved to the boardroom

360 ONE Asset secures Rs 2,000 crore in commitments for PIPE strategy

360 ONE Asset | The PIPE strategy aims to provide investors access to select high-potential opportunities by combining the flexibility of private capital with the liquidity advantages of public markets.

Haryana-based Jindal Supreme refiles IPO papers with SEBI

Jindal Supreme IPO | The public issue comprises of fresh issuance of 1.07 crore equity shares, and an offer-for-sale of 26.86 lakh shares by promoter entity VVJ Enterprise.

PropShare Celestia IPO sees 79% subscription on day 2, non-institutional investors lead

PropShare Celestia IPO | The Rs 245-crore offer will remain open till April 16, with price band of Rs 10 lakh-10.5 lakh per unit.

Om Power Transmission IPO closes with 3.33x subscription on day 3; check allotment, listing dates

Om Power Transmission IPO | The offer comprises fresh issue of 75.75 lakh shares worth Rs 132.56 crore, and an offer-for-sale of 10 lakh shares worth Rs 17.5 crore by promoters.

Motherson says no material impact on operations amid Noida protests; rumours fuel unrest

The protests affected Motherson facilities located in Sector 62 and Sector 84, key industrial zones in Noida. The company did not clarify whether its own workers participated in the protests

ICICI Pru AMC revenue jumps 23% YoY in Q4, profit at Rs 763 crore

ICICI Prudential AMC reported strong FY2026 results, with revenue up 23% YoY to Rs 5,765 crore and profit rising 24% to Rs 3,298 crore.

Mounjaro-maker Lilly eyes India rollout for oral obesity drug orforglipron

'India is an important market for Lilly and we are committed to making orforglipron available to patients globally, including in India, subject to regulatory approvals,' says Winselow Tucker, President and General Manager, Eli Lilly and Company (India)