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New Delhi, Oct 16 (PTI) The initial public offer of Midwest Ltd got subscribed 11.72 times on the second day of bidding on Thursday. The three-day IPO received 3,65,44,382 shares against 31,17,460 shares on offer, as per NSE data. The quota for non-institutional investors garnered 33.19 times subscription while the category for Retail Individual Investors (RIIs) got subscribed 8.19 times. The portion for Qualified Institutional Buyers (QIBs) received 1.84 times subscription. The initial publi ...Read More >
Kolkata: The pollution watchdog may have raised the permissible noise limit for crackers from the earlier 90 decibels (dB) to 125 dB but retailers believe the leeway will not lead to a switch from display fireworks to sound crackers owing to the change in revellers' preference over the past three decades.Until 1997, the noise limit for firecrackers across the country was set at 125 dB. But that year, the Calcutta High Court reduced the maximum permissible noise limit for crackers to 90 dB, disqu ...Read More >
Avenue Supermarts, which operates the retail chain DMart, reported its financial results for the September quarter on Saturday, October 11. The company posted year-on-year growth across key parameters, with steady improvement in profitability and operating performance. The company's net profit stood at Rs 685 crore, compared to Rs 659 crore in the same quarter last year -- an increase of 3.9% year-on-year (YoY). Earnings Before Interest, Tax, Depreciation and Amortisation (EBITDA) rose 11% to ...Read More >
New Delhi, Oct 10 (SocialNews.XYZ) The mutual fund industry maintained its growth momentum in September, with total assets rising to Rs 75.61 lakh crore despite temporary outflows linked to advance tax payments, Venkat N Chalasani, Chief Executive, the Association of Mutual Funds in India (AMFI) said on Friday. Equity funds witnessed positive inflows for the 55th consecutive month, reflecting investors' confidence in equities as a long-term asset class. "SIPs reached a new milestone with recor ...Read More >
Mumbai (Maharashtra) [India], October 9: Art of Time, India's leading omnichannel luxury watch retailer, has successfully closed its Series B fundraise of INR 175 crore (~USD 20 million). The round was led by Mithun Sacheti, Siddhartha Sacheti, Plutus Wealth Management, and Girish Mathrubootham, reflecting strong investor confidence in the brand's vision. Also Read | 2021 Lakhimpur Kheri Violence Case: SC Allows Former Union Minister's Son Ashish Mishra To Visit Family on Diwali, UP Police Lodg ...Read More >
India's office leasing market achieved a record performance in the first nine months of 2025, with the absorption hitting 59.6 million square feet, a report said on Monday. Technology companies held the highest share in office leasing between January and September, said the report from real estate consultancy CBRE South Asia Pvt. Ltd. "As occupiers seek future-ready spaces, sustained preference for flight-to-quality assets continues to anchor this momentum. The sustained leasing in premium ass ...Read More >
Mumbai (Maharashtra) [India] October 7(ANI): The Reserve Bank of India (RBI) on Monday announced the auction of two Government of India (GoI) securities with a total notified amount of Rs 28,000 crore.According to the RBI notification, the auction will include the re-issue of 6.68 per cent GS 2040 worth Rs 16,000 crore and 6.90 per cent GS 2065 worth Rs 12,000 crore. The auction is scheduled for Friday, October 10, and the settlement will take place on Monday, October 13.As per the notification, ...Read More >
New Delhi: The primary market is buzzing this week as LG Electronics India and Tata Capital prepare to launch their much-awaited initial public offerings (IPOs). Both issues are among the most anticipated of the season, with investors watching their grey market premiums (GMPs) and key subscription trends closely. These IPOs come at a time when the market is witnessing strong investor interest and robust participation across large-cap and mid-cap offerings. The LG IPO is drawing attention due to ...Read More >
Mumbai, Oct 7 (SocialNews.XYZ) Workspace solutions provider WeWork India Management Limited is facing a muted investor response for its Rs 3,000-crore initial public offering (IPO), amid concerns raised by governance advisory firm InGovern Research Services Private over its weak financials, legal troubles involving promoters, and heavy reliance on the WeWork Global brand. According to NSE data, the IPO -- which closes for subscription today -- has been subscribed only 16 per cent while writing ...Read More >
Hyderabad: Motorola has launched the Moto G06 Power in India. It comes with a 120Hz HD+ LCD display, MediaTek Helio G81 Extreme SoC, 4GB of RAM, 64GB of storage, a 50MP rear camera setup, and a 7,000mAh battery with 18W fast charging support. The handset runs HelloUI based on Android 15. It also features Moto Gestures, which allow users to use the Twist gesture to open the camera or use Chop Chop action to turn on the flashlight. The Moto G06 Power was initially unveiled at the IFA 2025, alongs ...Read More >
New Delhi, Oct 6 (PTI) The initial public offer of co-working space operator WeWork India Management Ltd got subscribed 13 per cent on the second day of share sale on Monday. The company's IPO received bids for 34,23,780 shares against 2,54,89,748 shares on offer, as per NSE data. Among investors category, Retail Individual Investors (RIIs) portion got subscribed 37 per cent. The category for Qualified Institutional Buyers (QIBs) received 9 per cent subscription and non-institutional investors ...Read More >
WeWork India IPO: The stock's grey market premium has dropped sharply, now at only 0.77% above the issue price compared with 2.76% earlier. Though GMP provides a rough hint of potential listing performance, it remains unofficial and highly volatile. WeWork India's Rs 3,000-crore Initial Public Offering (IPO) has entered its second day of subscription on Monday. By the end of Day 1, the IPO saw a subdued response, with just 4% of the total issue subscribed. Bids were received for 11.12 lakh shar ...Read More >
India's office real estate market reported strong Q3 2025, with net absorption up 35% year-on-year to 16.3 msf, putting it on track to surpass last year's record. Global Capability Centres significantly drove leasing, while vacancy declined and rentals rose across major cities, signaling a sustained structural growth cycle. India's office real estate market has reported 16.3 million square feet (msf) of net absorption across the top 8 cities during Q3 2025, growth of 35% year-on-year. Accordin ...Read More >
New Delhi, Oct 1 (PTI) LG Electronics India Ltd, the Indian arm of South Korea's LG conglomerate, on Wednesday announced that its much-awaited Rs 11,607 crore initial public offering (IPO) will open for subscription on October 7, giving the valuation of around Rs 77,400 crore (USD 8.7 billion) The company's maiden public offering will be available for subscription until October 9 in the price range of Rs 1,080-1,140 per share. The bidding for anchor investors is scheduled for October 6, the comp ...Read More >
New Delhi: LG Electronics India Ltd, the Indian arm of South Korea's LG conglomerate, on Wednesday set the price band at Rs 1,080-1,140 per share for its much-awaited Rs 11,607 crore initial public offering (IPO).At the upper end, the company is valued at around Rs 77,400 crore.The IPO will open for subscription on October 7 and close on October 9, with anchor investor bidding scheduled for October 6, the company said in a public announcement. This will be the second South Korean company to tap ...Read More >
New Delhi: The Reserve Bank of India (RBI), on Wednesday, announced several measures to help exporters tide over challenges posed by the imposition of 50% tariffs by the US. These include reduced paperwork and compliance burden for small exporters and importers. "The export sector is a vital part of India's economy," RBI governor Sanjay Malhotra said while announcing steps to further strengthen the sector and enhance ease of doing business for traders. Extension of the time period for repatria ...Read More >
Tata Capital, financial services arm of Tata group, has set the price band for its ₹15,512-crore initial public offering (IPO) -- the largest in 2025 -- at ₹310-326 per share. Tata Capital, financial services arm of Tata group, has set the price band for its ₹15,512-crore initial public offering (IPO) -- the largest in 2025 -- at ₹310-326 per share. That translates into a steep discount to the stock's last traded unlisted market price of ₹735 apiece. The pricing has dealt a blow to sc ...Read More >
Amazon India has expanded its Amazon Fresh grocery service to more than 270 cities across the country during the Amazon Great Indian Festival 2025. The service, which includes delivery of fresh produce, groceries and household items, has been extended to smaller cities such as Gorakhpur, Dehradun, Jalandhar and Coimbatore. The Amazon Fresh platform connects 13,000 registered farmers directly with consumers through a farm-to-home delivery system. Products undergo a four-step quality assurance ...Read More >
New Delhi, Sep 30 (PTI) The initial public offer of Om Freight Forwarders Ltd, a logistics and freight forwarding company, received 2.23 times subscription on the second day of share sale on Tuesday. The Rs 122.3-crore initial share sale received bids for 1,76,82,522 shares against 79,16,945 shares on offer, according to details available with the NSE. The component meant for non-institutional investors fetched 4.70 times subscription, while the category for Qualified Institutional Buyers (QIB ...Read More >
New Delhi, Sep 30 (PTI) The initial public offer of agrochemical firm Advance Agrolife Ltd got subscribed 42 per cent on the first day of share sale on Tuesday. The IPO received bids for 57,06,000 shares against 1,35,09,004 shares on offer, according to NSE data. The quota for non-institutional investors got subscribed 61 per cent while that of Retail Individual Investors (RIIs) received 58 per cent subscription. Advance Agrolife Ltd on Thursday last week announced a price band of Rs 95-100 p ...Read More >
Mumbai (Maharashtra) [India], September 30: Lumina Datamatics, a strategic partner to global publishers and eCommerce retailers, is delighted to announce that it has been recognized as one of the Most Preferred Workplaces for Women 2025-26 by Marksmen Daily at the 2nd Edition of the Most Preferred Workplaces in IT, ITES & Women Awards 2025-26. The award ceremony was held on September 26, 2025, at Novotel Mumbai. Also Read | Will Lionel Messi Play Tonight in Inter Miami vs Chicago Fire MLS 2025 ...Read More >
Mumbai (Maharashtra) [India], September 30: Patel Retail Limited (BSE: 544487 | NSE: PATELRMART) a diversified retail and food processing company, today announced the opening of its 46th store - Patel's R Mart - in Kalyan. Located in the Yogi Dham area, this marks the company's 7th store in Kalyan, further consolidating its presence in one of the region's fastest-growing suburban markets. Also Read | Bihar SIR Final Electoral Roll Released on voters.eci.gov.in; Know How To Check Your Name in Vo ...Read More >
Mumbai (Maharashtra) [India], September 30: Patel Retail Limited (BSE: 544487 | NSE: PATELRMART) a diversified retail and food processing company, today announced the opening of its 46th store - Patel R Mart - in Kalyan. Located in the Yogi Dham area, this marks the company 7th store in Kalyan, further consolidating its presence in one of the region fastest-growing suburban markets. The Kalyan store is designed to serve the rapidly growing residential communities in and around Yogi Dham, the ou ...Read More >
Generative AI Spotlight Series: accounts payable automation Manual invoice processing can slow down AP teams and limit scalability. Built with generative AI on AWS, the Agentic Solution for Accounts Payable reduces manual effort across every stage of the workflow -- from capturing invoice data to managing exceptions and triggering payments -- while strengthening financial control. The solution includes a set of pre-built AI agents, each designed to handle a key task, working together to deliver ...Read More >
New Delhi, Sep 30: LG Electronics India Ltd, the local subsidiary of South Korean conglomerate LG, is preparing to launch its Initial Public Offering (IPO) on October 7. The share sale will remain open for subscription until October 9, while the bidding for anchor investors will open on October 6, the company said in its Red Herring Prospectus (RHP) filed on Tuesday. Second South Korean firm to list after Hyundai Motors India This will be the second South Korean company to tap the Indian stoc ...Read More >
New Delhi, Sep 30 (PTI) LG Electronics India Ltd, the local subsidiary of South Korean conglomerate LG, is preparing to launch its Initial Public Offering (IPO) on October 7. The share sale will remain open for subscription until October 9, while the bidding for anchor investors will open on October 6, the company said in its Red Herring Prospectus (RHP) filed on Tuesday. This will be the second South Korean company to tap the Indian stock market following the listing of Hyundai Motors India L ...Read More >
PNN 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. The Pre-IPO Buzz With India's IPO market buzzing, unlisted shares have seen a surge in demand. Big names like NCDEX ha ...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 C ...Read More >
MUMBAI: Tata Capital's Rs 15,511-crore IPO -- Tata Group's biggest-ever and the largest by any NBFC -- will be open between Oct 6-8, with anchor bids on Oct 3. Priced at Rs 310-326 a share, the offer values the firm at Rs 1.32-1.38 lakh crore. Investors must bid for at least 46 shares.At the floor, pricing matches Tata Sons' rights issue earlier this year -- well below the grey-market frenzy that once saw trades over Rs 1,000 before Trump's tariff tantrums roiled equities.The 47.6-crore-share is ...Read More >
Mumbai: Tata Capital, among the top three diversified financial services companies owned by India's largest conglomerate, will consider a fresh round of dilution in equity only after two-and-a-half to three years, a top official at the Tata Group entity said. The proposed ₹15,512-crore IPO, which will open for subscription early next week, will result in an 11.21% dilution in the promoter's stake. Tata Group owns 95.8% in the company, and of this Tata Sons holds 88% stake. The proposed IPO is t ...Read More >
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