Fintech startup Navi, co-founded by Sachin Bansal, is planning to file draft IPO papers in the March quarter of FY27 to raise about Rs 3,000 crore. The IPO is likely to include a mix of fresh equity and an offer for sale, with the final structure yet to be decided. Kotak Investment Banking has been…

Disclaimer: The content of this post is sourced from external sites and is for informational purposes only. All rights and…

Disclaimer: The content of this post is sourced from external sites and is for informational purposes only. All rights and…

Disclaimer: The content of this post is sourced from external sites and is for informational purposes only. All rights and…

Disclaimer: The content of this post is sourced from external sites and is for informational purposes only. All rights and…

Disclaimer: The content of this post is sourced from external sites and is for informational purposes only. All rights and…

Vedanta Power share price dipped 3% despite a significant 38% year-on-year surge in power sales for the June quarter, driven by Meenakshi Energy’s expansion and Talwandi Sabo’s consistent output. While Meenakshi Energy saw a 245% jump, Sakti Thermal Plant faced a shutdown due to a boiler blast. Brokerages remain divided on the company’s valuation, with…

Yes Bank shares climbed 2% following a robust Q1 FY27 business update. The private lender reported an 18.4% year-on-year surge in loans and advances, reaching Rs 2.85 lakh crore. Deposits also saw a healthy 14% YoY increase to Rs 3.15 lakh crore. The bank’s Liquidity Coverage Ratio improved significantly, indicating strong financial health. These positive…

Nykaa share price gained 3% following a robust quarterly business update. The company anticipates nearly 30% year-on-year growth in consolidated net revenue for the June quarter. This surge is largely attributed to a significant turnaround in its fashion segment, projecting around 55% net sales value growth, alongside continued strength in its core beauty business.

Kotak Mahindra Bank’s shares dipped over 3% following its Q1 FY27 business update. While net advances saw a healthy 15% year-on-year jump to Rs 5.12 lakh crore, and total deposits grew nearly 12%, a sequential slowdown in deposit growth and a dip in current and savings account deposits may have concerned investors. The bank also…