India's economic engine is revving up, but navigating the global headwinds requires sharp strategy. The rupee's recent volatility against the dollar underscores the complexities facing Indian businesses, impacting everything from import-export trade to domestic inflation. This week alone, we've seen significant shifts in the IT sector, with major players announcing restructuring and a renewed focus on AI-driven solutions. Meanwhile, the burgeoning startup ecosystem continues to attract substantial funding, despite a cautious global investor sentiment. The government's recent policy announcements on infrastructure development and digitalization are poised to further shape the business landscape, creating both opportunities and challenges for entrepreneurs and established corporations alike. Understanding these market dynamics is crucial for success in today's rapidly evolving Indian economy. Stay informed with Abtak.com for the latest insights and analysis on key sectors including finance, manufacturing, and technology – empowering your business decisions in a dynamic market. Explore the complete business news section now to stay ahead of the curve.
Mumbai: The Securities and Exchange Board of India (Sebi) has kept its observations for the proposed initial public offer of Sterlite Electric in abeyance. The market regulator said in its communication on Monday, though did not specify a reason for this. Sterlite Electric, formerly known as Sterlite Power Transmission, is a specialised capital goods manufacturer in the power transmission and distribution sector. It is majorly-owned by Twin Star Overseas, while Vedanta Ltd held a 1.51% stake in the company as on March 2025. Sterlite Electric filed its draft papers with Sebi earlier this month, and its public issue will be a combination of an offer-for-sale and fresh issue.
New Delhi, Jul 15 (PTI) YouTuber Samay Raina appeared before the National Commission for Women (NCW) in Delhi on Tuesday, months after he was summoned in connection with allegedly offensive and sexist content aired during his show "India's Got Latent", officials said. Raina was also among the five social media influencers who appeared before the Supreme Court in a case seeking action against them for ridiculing persons suffering from disabilities. Raina submitted his statement in response to the allegations to NCW officials. Officials said further steps will be considered after reviewing his ...Read More >
New Delhi, Jul 20 (PTI) Fundraising through initial public offerings (IPOs) rose to ₹45,350 crore in the first half of 2025, marking a 45 per cent increase from a year ago, despite global trade headwinds, geopolitical conflicts, and macroeconomic concerns. However, the number of IPOs declined to 24 during the period under review from 36 in the January-June period of 2024, indicating a rise in the average size of public issues. Going forward, the IPO market is expected to remain cautiously optimistic in the second half of 2025, supported by robust inflows of domestic investment, positive inve ...Read More >
New Delhi, Sep 26 (SocialNews.XYZ) India's primary market experienced its most active month this September in almost 28 years, as 25 companies went public on the mainboard, marking the highest number of listings since January 1997, when 28 were recorded. The SME activity in the primary market also set a record, with 53 IPOs raising Rs 2,309 crore, the highest ever in a single month by both volume and value, as per the stock exchanges data. A total of 25 IPOs raised over Rs 13,300 crore during the month. Meanwhile, SMEs raised Rs 9,129 crore through 207 listings, surpassing previous annual fu ...Read More >
New Delhi [India], September 30: Investing in unlisted companies--essentially buying shares before they are listed on the stock exchange--is gaining significant traction in India. The appeal is clear: investors can potentially earn in two ways, first, by riding valuation gains before listing, and second, by pocketing a listing premium when the company finally goes public. Also Read | Was Sonam Wangchuk Arrested on the Directions of Defence Minister Rajnath Singh Without Any Evidence? PIB Fact Check Debunks Digitally Altered Video of Ladakh DGP SD Singh Jamwal. The Pre-IPO Buzz With India's ...Read More >
WeWork India IPO: The initial public offering (IPO) of the flexible workspace operator, WeWork India Management, will open for bidding on Friday, October 3, 2025. The public issue worth ₹3,000 crore comprises an offer for sale (OFS) of 46.3 million equity shares and no fresh issue component. The three-day subscription window is scheduled to close on Tuesday, October 7, 2025. The basis of allotment of shares is likely to be finalised on Wednesday, October 8, 2025. The stock will be listed on the National Stock Exchange (NSE) and BSE, tentatively on Friday, October 10, 2025. WeWork India IPO i ...Read More >
Sify Infinit Spaces has filed draft papers with market regulator Sebi to launch the country's first data center IPO, aiming to raise Rs 3,700 crore. The company, part of the Sify Group, operates one of India's largest networks of data center colocation facilities. The IPO will include a fresh issue of shares worth Rs 2,500 crore and an offer for sale of shares worth Rs 1,200 crore by existing investors -- Kotak Data Center Fund (Rs 643 crore) and Kotak Special Situations Fund (Rs 557 crore). Th ...Read More >
New Delhi, Mar 31 (PTI) Zetwerk Manufacturing Businesses has filed preliminary papers with markets regulator Sebi through the confidential route for an initial public offering (IPO) to raise between Rs 4,000 crore and Rs 5,000 crore. The proposed offering is expected to comprise a fresh issue of equity shares and an offer for sale (OFS) by existing shareholders, with details on issue size and valuation to be finalised through the book-building process, people familiar with the development said. The manufacturing marketplace counts investors such as Khosla Ventures, Baillie Gifford, Rakesh Ga ...Read More >
C2C Advanced Systems shares made a strong debut on the NSE SME Emerge platform on December 3, listing at a premium of 90 percent at Rs 429.40 against the issue price of Rs 226. The much-anticipated listing came despite an earlier postponement, which saw a setback for the company after over 3.72 lakh applications worth Rs 27 crore were withdrawn following regulatory action by the Securities and Exchange Board of India (SEBI). C2C Advanced Systems, a vertically integrated defence electronics solutions provider, focuses on indigenously developed products for India's defence sector. Track All I ...Read More >
Governance firm InGovern Research has called for investor safeguards, citing market volatility triggered by offshore short-seller reports. This follows Viceroy Research's 9 July report alleging governance issues at Vedanta, which caused an intraday stock plunge of nearly 8 per cent. While acknowledging short-selling as a legitimate, regulated activity that aids market liquidity and price discovery, InGovern emphasised that such reports often serve the financial interests of their authors. "Crit ...Read More >
New Delhi, Jul 20 (PTI) NIRL, the renewable energy arm of state-owned NLC India, is expected to go public in the second quarter of the next financial year to raise around Rs 4,000 crore to part fund its expansion plans, a top official of the company said. In an interview to PTI, Chairman and Managing Director (CMD) of NLC India Ltd (NLCIL) Prasanna Kumar Motupalli said that the public sector enterprise is targeting to ramp up its renewable energy capacity from the current 1.4 GW to 10 GW by 2030 and the company plans to raise Rs 4,000 crore through initial public offering (IPO) route. Also R ...Read More >
New Delhi: Non-banking financial company Tata Capital is set to launch its initial public offering (IPO) on October 6, with people familiar with the matter pegging the issue size at an estimated USD 2 billion (Rs 17,200 crore)."The bid/offer opens on Monday, October 6, 2025, and closes on Wednesday, October 8, 2025. The anchor investor bidding date shall be Friday, October 3, 2025," according to a disclosure made to the stock exchanges. The company is eyeing a valuation of around USD 18 billion, the people cited above said.The proposed IPO of 47.58 crore shares comprises a fresh issue of 21 c ...Read More >
Mumbai: The long legal wait around Vedanta's demerger has finally ended. The Mumbai bench of the National Company Law Tribunal (NCLT) has approved Vedanta Limited's demerger scheme, giving a major boost to the company and its shareholders. With this approval, Vedanta can now move ahead with plans to split its businesses into separate listed companies. All key approvals from shareholders, creditors, and SEBI had already been received earlier. The NCLT clearance was the last major regulatory hurdle. After the news, Vedanta shares moved higher and touched an all-time high, rising from a previous ...Read More >
The Indian Premier League (IPL) 2026 season has barely begun, but it has already delivered its first major controversy. Following Kolkata Knight Riders' (KKR) six-wicket defeat to Mumbai Indians (MI) at the Wankhede Stadium, a pointed remark from captain Ajinkya Rahane has triggered a wider debate - forcing Cricket Australia (CA) to step in with a clarification. At the centre of the storm is Cameron Green, KKR's high-profile signing worth INR 25.20 crore, who did not bowl a single over despite MI's dominant chase of 220. KKR seemed in control after posting a commanding 220/4, but the script ...Read More >
NEW DELHI: After a sluggish start to 2025, the primary market is showing signs of revival with over a dozen companies having lined up their IPOs in the next three to six months buoyed by a stabilising secondary market and easing geopolitical tensions, merchant bankers said.Among the companies preparing to tap the capital markets are HDB Financial Services, a subsidiary of HDFC Bank, National Securities Depository Ltd (NSDL), Kalpataru, Rubicon Research, All Time Plastics, Regreen-Excel EPC India, and Paramesu Biotech, they added.Additionally, Credila, SK Finance, Veritas Finance, Paras Healthc ...Read More >
New Delhi: Chief minister Rekha Gupta on Sunday said authorities cannot go against demolition orders issued by courts and stressed that displaced residents have been provided accommodation.Her words came in the wake of the recent Madrasi Camp demolition for which the opposition Aam Aadmi Party (AAP) has criticised her. AAP has targeted Gupta, and alleged that the displaced Madrasi Camp residents were provided homes in faraway Narela, and those lack basic amenities.Attending an event to mark the construction of a Jan Sewa camp at a slum cluster in the Haiderpur area, Gupta told reporters: "In t ...Read More >
Bangalore Gold Rate Today: Shattering all hopes of retail jewellery buyers of some relief amid the ongoing Navratri festival, gold rates in Bangalore, and other Indian cities broke another record on Monday, September 29. The price of gold in Bangalore, aka Bengaluru, witnessed a sharp surge bringing 24 karat gold Rs 16,000 above the historic Rs 1 lakh mark. The gold price rally in Karnataka capital mirrored the surge in gold rate in India and across the world. The sharp rally in precious metal is on its path to beat the record-rally of 1979. Multiple factors like US Fed rate cut, trade becau ...Read More >
New Delhi, Sep 29 (PTI) Homegrown Premier Energies on Monday announced securing multiple solar contract worth USD 19.95 million (around Rs 177 crore) Republic of Benin, West Africa. These projects are part of a national initiative by the Government of Benin to expand access to reliable, sustainable clean energy, Premier Energies said in a statement. Implementation will be carried out by Premier Energies in collaboration with the General Directorate of Energy Planning and Rural Electrification, under the Ministry of Energy, Water and Mines, Republic of Benin. The scope of the contracts cover ...Read More >
Mumbai, Oct 25 (UNI) Spices and condiments-making brand, Orkla India, is set to open its ₹1,667-crore Initial Public Offering (IPO) for public subscription on October 29, at a fixed price band of ₹695-730 per share. The company, formerly known as MTR Foods, sells its products under the brands, MTR and Eastern. It is aiming for a valuation of around ₹10,000 crore at the upper end, the company said. Its IPO public subscription will conclude on October 31, according to a public announcement. Anchor investors can submit their bids on October 28 A discount of ₹ 69 per Equity Share is being offe ...Read More >
New Delhi, Apr 1 (PTI) More than two dozen companies filed preliminary papers with capital markets regulator Sebi to raise funds through initial public offerings (IPOs) in the last two days of FY26, reflecting sustained primary market momentum. Among those that filed draft papers are Sadbhav Futuretech, TC Terrytex, Monomark Engineering (India) Ltd, Adroit Industries (India), Punjab Carbonic, Nityas Gems and Jewellery, Expression 360 Services India Ltd, Absolute Project (India) Ltd, Bvishal Oil and Energy, and Kay Jay Forgings. Meanwhile, Rediff.com India Ltd, a subsidiary of AvenuesAI Ltd, ...Read More >
New Delhi: The death sentence of Kerala nurse Nimisha Priya, who was sentenced to death in Yemen, has been postponed for the time being. She was to be executed by shooting today, July 16. According to media reports, activist groups and influential religious leaders intervened in the matter, after which the death sentence of Nimisha Priya was postponed. Earlier, many efforts were also made at the diplomatic level to save Nimisha from the death penalty. There is also news that the victim's family has not yet agreed to clemency or blood money. As a last-ditch effort to save her, Kanthapuram A. ...Read More >
Mumbai, Sep 28 (SocialNews.XYZ) Spirit maker Alcobrew Distilleries India Limited has reported a slight decline in revenue from operations in FY2025, down 1.52 per cent to Rs 1,615 crore from Rs 1,640 crore in FY2024, according to the draft red herring prospectus (DRHP) filed with the Securities and Exchange Board of India (SEBI). Despite the revenue dip, the company's profit after tax (PAT) grew to Rs 69.45 crore in FY2025, up from Rs 62.55 crore in the previous year. Alcobrew has filed the draft papers with the market regulator seeking approval to raise funds through an initial public offer ...Read More >
Mumbai: After a quiet start to 2025, India's primary market is finally showing signs of recovery. Over 12 companies are getting ready to launch their Initial Public Offerings (IPOs) in the next 3 to 6 months, according to merchant bankers. This comes as the stock market stabilizes and global tensions ease, making investors more confident. Big Names Preparing to Launch IPOs Some of the major companies planning IPOs include: Other names like Credila, SK Finance, Veritas Finance, Paras Healthcare, CIEL HR Services, Avanse Financial Services, Drof-Ketal Chemicals India, Brigade Hotel Ventures, ...Read More >
India's startup IPO engine is back in high gear. Over the last few weeks, a dozen new-age companies -- including Meesho, Groww, PhysicsWallah, Pine Labs, Urban Company and Wakefit -- have filed draft red herring prospectuses (DRHPs) with the Securities and Exchange Board of India (SEBI), collectively looking to raise almost Rs 20,000 crore in primary capital. The filings signal more than just a busy pipeline. They reflect a shift in tone: founders and their investors are no longer waiting for perfect market conditions or chasing euphoric valuations. This time, they're coming to the public mar ...Read More >
New Delhi: Ace investor and founder of retail giant DMart, Radhakishan Damani stands to benefit greatly from his calculated investment in the National Stock Exchange (NSE), which is getting closer to its much anticipated IPO. According to the latest shareholding disclosures, Damani holds a 1.58% stake in NSE, owning 3.91 crore shares. His shareholding is worth an astounding Rs 9,300 crore at the current unlisted market price of Rs 2,389 per share. The NSE holding is currently Damani's second-largest investment by value and is only behind Avenue Supermarts (DMart) he established. In recent yea ...Read More >
WeWork India's public issue is back on track. The Securities and Exchange Board of India (SEBI) has removed the coworking major's draft IPO papers from its abeyance list and is now actively re-evaluating the company's DRHP, according to an update on SEBI's website. This development comes more than three months after the regulator had put the listing bid on hold. In SEBI parlance, keeping a DRHP "in abeyance" typically signals a pause pending further clarification, investigation, or regulatory action. Speaking exclusively to CNBC-TV18, Jitu Virwani, Chairman of Embassy Group -- WeWork India's ...Read More >
Mumbai, Dec 18 (PTI) Equity benchmark indices Sensex and Nifty stayed on the back foot for the third straight session on Wednesday as investors offloaded utility, capital goods and metal stocks amid foreign fund outflows. Besides, investor sentiment remained subdued ahead of the outcome of the US Federal Reserve's policy meeting, scheduled for Wednesday, traders said. The 30-share BSE benchmark tumbled 502.25 points or 0.62 per cent to settle at 80,182.20, taking its downtrend to the third day. During the day, it tanked 634.38 points or 0.78 per cent to 80,050.07. As many as 2,563 stocks de ...Read More >
Mumbai: State-run Bank of Maharashtra aims to raise at least ₹2,000 crore by selling shares through a qualified institutional placement (QIP) or an offer for sale this financial year to reduce the government's stake in the lender to 75% and meet the market regulator's minimum public shareholding norm. "We will work it out, because as per the current prices, to comply with the Sebi norms, even at the current price, around ₹2,000 crore should suffice," managing director and chief executive officer (CEO) Nidhu Saxena said on the sidelines of the Ficci-IBA banking conference in Mumbai on Monday. ...Read More >
New Delhi: The Delhi High Court on Monday dismissed a petition challenging the no-objection certificate (NOC) given by the market regulator for the proposed IPO of the National Stock Exchange (NSE). The decision removes an important legal hurdle in NSE's long-pending plan to go public. The court observed that the petition appeared to be aimed at stopping or delaying the IPO process of the country's largest stock exchange. What the Petition Argued? The plea challenged the NOC issued on January 30, which allows NSE to restart its IPO process. With this approval, NSE can appoint merchant banke ...Read More >
Mumbai, June 29 (SocialNews.XYZ) The foreign institutional investors' (FIIs) buying, through the exchange and primary market and others category, stood at Rs 8,915 crore this month (till June 27), analysts said on Sunday. Ceasefire between Israel and Iran and the sharp decline in crude triggered a risk-on in global equity markets. Along with this favourable investment scenario, dollar continued to decline and the dollar index dipped to sub-97 level. "Declining dollar is always a positive for emerging market equity; this encouraged FIIs to buy in India," said Dr. VK Vijayakumar, Chief Investm ...Read More >
New Delhi: Softbank-backed e-commerce company Meesho has filed draft documents for an IPO with the market regulator SEBI, using a confidential process, Moneycontrol reported. Size of the IPO is still not very clear as the route is confidential, but many reputed websites claim that Size of IPO can range from some where around Rs 4,250crore to Rs 8,500 crore, with listing probably around September- October. By choosing the confidential pre-filing route, Meesho does not have to share details about its IPO with the public right away. These details will only be made public at a later stage. Conf ...Read More >