Kusumgar IPO Day 2: GMP at 38%, Rs 650-crore issue sees strong investor interest

In a significant move, the BJP has filed a writ petition in the Bombay High Court, contesting the Ulhasnagar Municipal Corporation mayor’s pause on appointing nominated corporators. Rajesh Vadharya spearheaded the petition, urging the process to continue as planned. The civic administration had previously arranged a general meeting for this purpose. The Shiv Sena faction…

A rain-hit Day 2 in Galle turned into a frantic 90 minutes as Sri Lanka’s bowlers struck in quick succession, dismissing India’s overnight batters and bringing the hosts back into the contest. Devdutt Padikkal’s 167 and a crucial lower-order stand kept India in control, but the pitch is beginning to offer the turn and bounce…

Lightspeed India expects about $500 million in cash returns by year-end as private secondaries, M&As, block deals and IPOs broaden exit options for venture investors.