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Abtak.com - Business - News Image
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BusinessOct 28, 2025 12:34 PM

Five Companies, Including Milky Mist, Curefoods, Secure IPO Approval from Sebi Amid Market Boom

Five companies, including Milky Mist Dairy Food and Curefoods India, have received Sebi's approval for their IPOs, signaling a robust primary market. These firms aim to raise substantial funds for expansion, debt repayment, and modernization. The approvals come as the Indian market sees a surge in IPO activity. New Delhi, As many as five firms, including dairy products maker Milky Mist Dairy Food, cloud kitchens operator Curefoods India, have secured Sebi's approval to raise funds through initi ...Read More >

The Times of India - Business - News Image
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BusinessOct 28, 2025 01:24 AM

IndianOil to comply with US curbs on Russian oil - The Times of India

NEW DELHI: India's largest oil refiner and fuel retailer, IndianOil, on Monday said it will comply with international sanctions, without referring to the latest US curbs on Rosneft and Lukoil -- two of the largest Russian crude exporters."We will abide by all sanctions imposed by the international community," company chairman Arvinder Singh Sahney said but declined to specify whether IndianOil will stop buying discounted Russian crude.IndianOil is the second Indian refining entity after private ...Read More >

Abtak.com - Business - News Image
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BusinessOct 27, 2025 01:34 PM

Lenskart IPO price band set at Rs 382-402 per share; check issue size, key dates, other details

Eyewear retailer Lenskart is launching its IPO on October 31, aiming to raise Rs 2,150 crore through a fresh issue and an offer for sale. Backed by Radhakishan Damani, the company plans to use the funds for store expansion, technology, and marketing. This IPO is anticipated to be the fourth-largest public issue of 2025. Eyewear retailer Lenskart is set to make its long-awaited market debut, with its initial public offering (IPO) opening for subscription on Friday, October 31, and closing on Tue ...Read More >

Abtak.com - Business - News Image
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BusinessOct 26, 2025 02:34 PM

DMart's Radhakishan Damani invests Rs 90 crore in Lenskart ahead of IPO

Billionaire investor Radhakishan Damani has invested Rs 90 crore in Lenskart. This investment comes before Lenskart's upcoming Rs 2,150 crore initial public offering. The eyewear retailer plans to use the funds for expansion, technology, and marketing. Lenskart operates online and through a large retail network. It also has international presence. The IPO will see promoters and investors selling shares. Billionaire investor Radhakishan Damani, founder of Avenue Supermarts (DMart), has invested ...Read More >

NewsDrum - Business - News Image
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BusinessOct 26, 2025 02:33 PM

Lenskart to launch IPO on Oct 31; aims to raise Rs 2,150-cr via fresh issue

New Delhi, Oct 26 (PTI) Eyewear retailer Lenskart Solutions is gearing up to launch its initial public offering (IPO) on October 31, aiming to raise Rs 2,150 crore through a fresh issue of shares. This marks its much-awaited entry into the public markets. The company's maiden public offering would conclude on November 4, and the bidding for anchor investors would open for a day on October 30, according to the Red Herring Prospectus (RHP). Apart from the fresh issue, there would be an offer-fo ...Read More >

Abtak.com - Business - News Image
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BusinessOct 25, 2025 10:34 PM

Ikea leases 37,000 sq ft store in a Pune mall

Swedish furniture giant Ikea is set to enter Pune. The company has leased a significant space in Phoenix Marketcity mall. The lease agreement is for 59 months. It already has a presence in several Indian cities. MUMBAI: Swedish furniture retailer Ikea is set to enter the Pune market and has signed an agreement to lease 37,000 sq ft space in a mall. Ikea India Private Limited has leased a 37,529 sq ft plot area in the Phoenix Marketcity mall in Lohegaon's Viman Nagar, as per documents accessed ...Read More >

Abtak.com - Business - News Image
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BusinessOct 25, 2025 04:33 PM

IKEA leases retail space in Pune's Viman Nagar for city-centre outlet

IKEA India has leased over 37,250 sq ft of retail space at Pune's Phoenix Marketcity mall for nearly five years. This move is part of IKEA's accelerated expansion strategy in India, aiming to add four to six new customer touchpoints annually. The deal highlights the enduring demand for prime retail locations in established malls. Global furniture retailer IKEA's India arm has picked up over 37,250 sq ft of retail space at Phoenix Marketcity mall in Pune's Viman Nagar locality through a long-ter ...Read More >

The Hans India - Business - News Image
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BusinessOct 24, 2025 10:20 AM

Deal momentum gains pace in consumer, retail sectors

New Delhi: India's consumer and retail sector witnessed robust deal momentum in Q3/2025, recording a total of 132 transactions valued at $3.4 billion, up six per cent in volumes and nine per cent in value compared to Q3/2024, including public market activity, a report showed on Thursday. According to Grant Thornton Bharat's Consumer and Retail Dealtracker, excluding public market deals, mergers and acquisitions (M&As) and private equity (PE) deal activity accounted for 121 deals worth $2.3 bill ...Read More >

Abtak.com - Business - News Image
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BusinessOct 23, 2025 06:34 PM

Netcore Cloud Strengthens Global Leadership with Strategic Hires in Strategy, Sales, and Marketing

Netcore Cloud Strengthens Global Leadership with Strategic Hires in Strategy, Sales, and Marketing Netcore Cloud Logo 3 min read Last Updated : Oct 23 2025 | 1:00 PM IST PRNewswire Mumbai (Maharashtra) [India], October 23: Netcore Cloud, a leading agentic marketing platform, today announced three strategic appointments to accelerate its international growth and strengthen its leadership in Agentic Marketing. The company has named Vassil Mladjov as SVP, Agentic AI and Strategy, Deepthi Nagar ...Read More >

mint - Business - News Image
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BusinessOct 23, 2025 05:50 AM

GST cuts, festivals an inflection point for sustained sales growth, say carmakers

New Delhi: Demand at India's top carmakers saw a sharp spike after cuts in goods and services tax (GST) rates late in September coincided with the Navratri to Diwali festive season sales when companies recorded double-digit growth. The good news for the industry now is that there are early signs that the momentum will likely remain strong in the months and quarters ahead, top carmakers and industry veterans said. Tata Motors Passenger Vehicles Ltd expects 7-8% growth in the industry's sales be ...Read More >

Abtak.com - Technology - News Image
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TechnologyOct 22, 2025 03:32 AM

Walmart to Be First US Retailer to Sell Abbott's Continuous Glucose Monitor

(Reuters) -Walmart will become the first U.S. retailer to sell Abbott Laboratories' over-the-counter continuous glucose monitor Lingo in physical stores, an Abbott spokesperson said on Tuesday. Abbott's device, which was previously available only at HelloLingo.com and Amazon, will now be sold in Walmart's 3,500 stores across the U.S. Continuous glucose monitor makers such as Abbott, Dexcom and Medtronic are riding a surge in demand as diabetes awareness rises, insurance coverage expands and pa ...Read More >

Abtak.com - Business - News Image
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BusinessOct 21, 2025 11:34 PM

Record Diwali Sales in India Reach Rs 5.40 Lakh Crore Fueled by GST Reforms and Consumer Demand

India's Diwali sales hit a record high of Rs 5.40 lakh crore in goods and Rs 65,000 crore in services. This represents a 25 percent increase over last year. GST reforms and strong consumer demand fueled this growth. Brick-and-mortar stores saw a significant revival. Rural and semi-urban areas contributed substantially to the sales surge. Buoyed by GST reforms and strong consumer demand, India saw Diwali sales reach Rs 5.40 lakh crore in goods and about Rs 65,000 crore in services across the cou ...Read More >

NewsBTC - Business - News Image
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BusinessOct 21, 2025 12:36 AM

Analyst Uses AI To Show How The XRP Price Could Rally To $1,700

Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio. XRP's price has stabilized after its recent crash and is now making a slow recovery to $2.50 with early signs of renewed strength. The cryptocurrency is now under close observation by traders waiting for the next decisive move. One such observation is an ambitious forecast that has surfaced online, projecting an astronomical rally for XRP. A crypto commentator known as Remi Relie ...Read More >

Abtak.com - Business - News Image
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BusinessOct 20, 2025 03:28 AM

Indian retail REIT can become a Rs 60,000-Rs 80,000 crore market by 2030: Anarock

Indian retail REITs are poised for significant growth, projected to reach Rs 60,000-Rs 80,000 crore by 2030, forming a substantial portion of the overall REIT market. As Grade A malls mature into stable assets, 2-3 new retail REITs are expected to launch, mirroring global trends where retail REITs are a key market component. Indian retail Real Estate Investment Trusts (REITs) could become a Rs 60,000-Rs 80,000 crore market by 2030, roughly 30-40% of India's overall REIT market, which is project ...Read More >

Rising Kashmir - Business - News Image
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BusinessOct 20, 2025 01:01 AM

Auto industry gears up for record festive deliveries as GST 2.0

New Delhi, Oct 19: India's auto industry is witnessing a significant surge in festive sales this Dhanteras, with major automakers like Maruti Suzuki, Tata Motors, and Hyundai Motor India reporting robust customer demand, bolstered by positive market sentiment and the impact of GST 2.0 reforms. With the auspicious Dhanteras period spread over two days this year -- starting from 12:18 PM on Saturday and extending until 1:51 PM on Sunday -- automakers are capitalising on the extended delivery wind ...Read More >

LatestLY - Business - News Image
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BusinessOct 19, 2025 02:08 PM

Business News | Auto Industry Gears Up for Record Festive Deliveries as GST 2.0, Festive Spirit Fuel...

New Delhi [India], October 19 (ANI): India's auto industry is witnessing a significant surge in festive sales this Dhanteras, with major automakers like Maruti Suzuki, Tata Motors, and Hyundai Motor India reporting robust customer demand, bolstered by positive market sentiment and the impact of GST 2.0 reforms. With the auspicious Dhanteras period spread over two days this year -- starting from 12:18 PM on Saturday and extending until 1:51 PM on Sunday -- automakers are capitalising on the exte ...Read More >

Abtak.com - Business - News Image
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BusinessOct 19, 2025 01:34 PM

BPCL Unveils 'Zero Ka Dum' Certification Drive, Setting New Benchmarks in Operational Excellence

BPCL Unveils 'Zero Ka Dum' Certification Drive, Setting New Benchmarks in Operational Excellence Sanjay Khanna, C & MD and Director (Refineries), BPCL 5 min read Last Updated : Oct 18 2025 | 7:20 PM IST NewsVoir Mumbai (Maharashtra) [India], October 18: Bharat Petroleum Corporation Limited (BPCL), a Fortune Global 500 company and one of India's leading integrated energy enterprises, has achieved a significant milestone in its LPG business with the nationwide expansion of the 'Zero Ka Dum' (Z ...Read More >

Asian News International (ANI) - Business - News Image
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BusinessOct 19, 2025 01:27 PM

"RAM is focus area for our bank," says PNB ED M Paramasivam

New Delhi [India], October 19 (ANI): M Paramasivam, Executive Director of Punjab National Bank (PNB), stated on Sunday that the bank is focusing on strengthening its core segments -- retail, agriculture, and MSME loans and deposits -- as part of its growth strategy. In banking, RAM is a common acronym for the Retail, Agriculture, and MSME loan and deposit segments. Banks focus on this sector because it represents a significant portion of their business and is often a key driver for growth. Spe ...Read More >

The Times of India - Entertainment - News Image
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EntertainmentOct 19, 2025 04:58 AM

Clinging to the thrill of crackle & sparkle | Hyderabad News - The Times of India

Hyderabad: Despite the govt's push for eco-friendly celebrations, Hyderabad's festive markets are buzzing with familiar sights and sounds. Green crackers, marketed as cleaner, safer alternatives, are seeing an uptick in sales, but traditional fireworks continue to dominate as customers cling to nostalgia and the thrill of noise and sparkle."At least 60%-70% of my customers ask for the old favourites -- rockets, atom bombs, and chakris," said Ramesh Gupta, a fireworks dealer at Begum Bazar. "Peop ...Read More >

Abtak.com - Business - News Image
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BusinessOct 18, 2025 08:33 AM

Midwest IPO opens today: Check GMP, subscription, price band and other details

Midwest, a natural stone exporter, is launching its Rs 451-crore IPO on October 15. The offering includes fresh shares and existing shareholder sales. The price band is set between Rs 1,014 and Rs 1,065. Midwest mines granite in Telangana and Andhra Pradesh and exports to 17 countries. The company plans to use IPO funds for expansion and sustainability initiatives. Midwest, a natural stone mining and exporting player, will open its Rs 451-crore initial public offering (IPO) for subscription on ...Read More >

Abtak.com - Business - News Image
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BusinessOct 18, 2025 02:33 AM

9-carat gold catching up in some regions of India, says Jewelbox founder

Recently, the Indian government authenticated the hallmarking of nine-carat jewellery Nine-carat gold jewellery is catching up in some regions of India, such as Bengaluru, among Gen Zees and Millennials, while people down further South in Tamil Nadu are still focused on gold purity, according to Vidita Kochar, founder of Jewelbox. "Down South, we have three stores -- two in Bengaluru and one in Chennai. And within that, all three stores cater to very different target audiences. So what we've r ...Read More >

NewsDrum - Business - News Image
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BusinessOct 17, 2025 08:23 PM

Reliance Q2 net profit rises 9.6 pc YoY, slips sequentially on inventory losses

Mumbai, Oct 17 (PTI) Reliance Industries Ltd (RIL) on Friday reported a 9.6 per cent year-on-year rise in net profit for the September quarter, driven by strong performance in its consumer-facing retail and telecom businesses and a recovery in its core oil-to-chemicals segment. However, higher inventory losses weighed on overall earnings, leading to a sequential decline compared to the previous quarter. The oil-to-retail conglomerate posted a consolidated net profit of Rs 18,165 crore in July- ...Read More >

Abtak.com - Business - News Image
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BusinessOct 17, 2025 07:29 PM

Aditya Birla fashion unit to open Galeries Lafayette stores in Mumbai, Delhi

French luxury retailer Galeries Lafayette is set to open its first Indian store in Mumbai. Aditya Birla Fashion and Retail announced the partnership. Plans are underway for a second store in Delhi. The company aims to open stores in at least four major Indian cities within three years. An online platform for Galeries Lafayette is also planned for India. Aditya Birla Fashion and Retail said on Wednesday that French luxury retailer Galeries Lafayette will open its first Indian flagship store in M ...Read More >

Asian News International (ANI) - Business - News Image
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BusinessOct 17, 2025 05:33 PM

Reliance Digital unveils its newly launched store in D.V.C. MORE, BURDWAN

VMPL New Delhi [India], October 17: With exclusive inaugural offers and the widest range of the latest tech, customers are in for an enhanced shopping experience here. Reliance Digital grand launch on 16th Oct 2025: Reliance Digital has launched its second store at Burdwan at Reliance Digital, Parasmani Appartment, Kanainatshal North, GT Road, DVC More, PO: Chotonilpur, Burdwan, WB, Pin-713103 This tech destination offers the widest range of latest electronics at best prices along with an Exp ...Read More >

Abtak.com - Business - News Image
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BusinessOct 17, 2025 11:34 AM

Lenskart to launch Rs 8,000-crore IPO in early November

Mumbai: Eyewear retailer Lenskart is looking to launch its ₹8,000-crore initial public offering (IPO) in early November, according to bankers. This will be the fourth-largest issue in 2025 so far after Tata Capital, HDB Financial Services and LG Electronics. Bankers said the company is looking to capitalise on the continued investor appetite for large public issues. "Lenskart may announce the price band by the end of October and launch the IPO in the first week of November," said a banker. Br ...Read More >

Abtak.com - Business Technology - News Image
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BusinessTechnologyOct 17, 2025 01:32 AM

Exclusive: Apple lobbies India to change tax law seen hindering its expansion, sources say

NEW DELHI, Oct 15 (Reuters) - Apple is lobbying India's government to modify its income tax law to ensure the company is not taxed for ownership of high-end iPhone machinery it provides to its contract manufacturers, an issue seen as a hurdle to its future expansion, sources say. The push coincides with Apple's growing India presence as it diversifies beyond China. Counterpoint Research says iPhone's share in the Indian market has doubled to 8% since 2022. And while China still accounts for 75% ...Read More >

The Times of India - Business - News Image
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BusinessOct 17, 2025 12:24 AM

Corporate gifting orders drop as companies cut budgets | Hyderabad News - The Times of India

Hyderabad: Gifting stores across the city have seen a sharp drop in corporate Diwali orders this year, with companies slashing budgets and scaling down on festive spending. Retailers report that while the season remains busy, the mood is far more restrained compared to previous years.Traditional favourites such as sweets, diyas, and dry fruits continue to find a place in corporate hampers, but in smaller quantities. Silver coins, once a Diwali staple in bulk orders, almost disappeared this year. ...Read More >

Ommcom News - Business - News Image
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BusinessOct 16, 2025 09:57 PM

India's Capital Markets Remain Resilient In H1 FY26: NSE | Business

Mumbai: Despite global geo-political headwinds, India's capital markets continued to show strong resilience in the first half of the current fiscal (H1 FY26), mobilising Rs 9.7 lakh crore through equity and debt -- up 13 per cent year-on-year (YoY), the National Stock Exchange has said. In its market pulse report, the NSE highlighted that equity fundraising during the period stood at Rs 2 lakh crore, including Rs 64,363 crore from initial public offerings (IPOs). In H1 FY26, 122 companies -- 5 ...Read More >

News Nation English - Business - News Image
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BusinessOct 16, 2025 06:55 PM

A Conglomerate's Strategy to Keep Vietnam's Growth in Its Own Hands

Gurugram (Haryana) [India], October 16: When Vingroup, the largest private conglomerate in Vietnam, launched VinMetal in September 2025, it made clear that this was about more than steel. The company is investing about 380 million dollars to produce construction steel and high-strength alloys. Its first customers will be within the group itself, supplying projects for Vinhomes and VinFast. Over time, VinMetal will also target major infrastructure works and exports. VinMetal is not just a steel p ...Read More >

Asian News International (ANI) - Business - News Image
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BusinessOct 16, 2025 06:49 PM

A Conglomerate's Strategy to Keep Vietnam's Growth in Its Own Hands

NewsVoir Gurugram (Haryana) [India], October 16: When Vingroup, the largest private conglomerate in Vietnam, launched VinMetal in September 2025, it made clear that this was about more than steel. The company is investing about 380 million dollars to produce construction steel and high-strength alloys. Its first customers will be within the group itself, supplying projects for Vinhomes and VinFast. Over time, VinMetal will also target major infrastructure works and exports. "VinMetal is not jus ...Read More >

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