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Track key corporate news, quarterly earnings summaries, startup funding updates, executive movements, and major company announcements across leading industries.
Reliance Industries’ move to structure the proposed Jio Platforms IPO as a fresh issue of up to 27 crore shares, rather than a largely offer-for-sale (OFS), could make the issue more attractive to investors. Unlike many recent mega IPOs that mainly allowed existing shareholders to cash out, a fresh issue would raise capital for Jio…
Jaipur’s Advit Jewels is experiencing a robust IPO debut, with investor demand surging on day one, leading to a 6.75 times subscription. The handcrafted jewellery firm’s public issue is attracting significant interest from retail and non-institutional investors, bolstered by a strong grey market premium. Proceeds will bolster working capital and reduce debt, aiming for enhanced…
According to the DRHP, NSE and Nuvama Wealth Finance filed a civil suit before the Delhi High Court against Kashmiri Lal Rana and NSDL in May 2025, alleging that 5,000 NSE shares were mistakenly transferred to Rana’s demat account on December 28, 2023, despite no corresponding purchase request or consideration being paid.
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Reliance Industries is charting a new course to boost its stock for 44 lakh investors, moving beyond a potential Jio IPO. Billionaire Mukesh Ambani has unveiled five key growth drivers, including revitalizing the O2C business, scaling up new energy ventures, building India’s AI backbone, expanding FMCG operations to a Rs 1 lakh crore target, and…
While Reliance Industries remains firmly in control with a 66.43% stake, the shareholder register reads like a who’s who of global technology, private equity and sovereign wealth investors, including Meta, Google, Saudi Arabia’s Public Investment Fund, KKR, Vista Equity Partners, Mubadala, General Atlantic, ADIA and TPG.
The BSE SME issue closed on June 25, while the shares are scheduled to list on July 1. The IPO is priced at Rs 196 per share and comprises a combination of a fresh issue worth Rs 26.65 crore and an offer for sale (OFS) of Rs 5.34 crore, taking the total issue size to…
In a post on X, formerly Twitter, Kamath described NSE as a “cash generation and distribution machine”, noting that the exchange earned more than Rs 10,300 crore in profit in FY26 and distributed about Rs 8,660 crore as dividends, translating into a payout ratio of 84%.
Sebi made significant progress in May by resolving over 5,500 investor complaints through its upgraded SCORES platform, significantly decreasing the backlog. The regulator faced nearly 5,000 new grievances, with entities responding in an impressive average of five days. With the introduction of SCORES 2.0, multiple review levels are now in place to ensure swift investor…
Foreign institutional investors (FIIs) reversed their selling trend in six select Indian stocks, turning them into multibaggers. Bajaj Consumer Care led the pack with a 265% surge after FIIs significantly increased their stake. Other beneficiaries include Acutaas Chemicals, SML Mahindra, Dee Development Engineers, United Foodbrands, and RateGain Travel Technologies, all witnessing substantial gains following FII…