As India’s Covid-19 vaccination count nears the 85-crore mark, and the country looks set to put a series of disruptive lockdowns behind, its economic trajectory could finally be looking up, bankers say. Top bankers are upbeat on the prospe

Aditya Birla Sun Life Asset Management Co Ltd will open its initial public offering for subscription next week, seeking to become the fourth mutual fund house in India to list its shares on stock exchanges. The company said the red herring prospec

Foreign institutional investors and foreign portfolio investors have historically dictated the movement of Indian stock markets. However, with the rising flow of domestic money in the local bourses, especially after the 2016 demonetisation drive and

Sansera Engineering Ltd, which makes components for automotive and aerospace companies, made a positive stock market debut on Friday as its shares listed at a 9 premium to its initial public offering (IPO) price. The company’s shares listed on

Consumer durables and electronics retail chain Electronics Mart India Ltd has filed its draft red herring prospectus (DRHP) with the Securities and Exchange Board of India for an initial public offering. The Hyderabad-based company aims to raise R

India was always known for its great hospitality and cuisine, but never really for its hotels, at latest not in the budget segment. Eight years ago, a startup disrupted and effectively transformed the face of the Indian hotel landscape, thou

Indian software-as-a-service company Freshworks Inc made a spectacular debut on the Nasdaq stock market in the US with its shares clocking a gain of 32 on the first day of trading. The company’s shares listed at $43.5 apiece, up almost 21 from

Data Patterns (India) Ltd, a Chennai-based supplier of electronic systems to defence and aerospace sectors, has filed its draft red herring prospectus (DRHP) with the Securities and Exchange Board of India to raise funds through an initial public off

The Indian stock market’s rapid rise to record highs has made several foreign institutional investors (FIIs) more cautious over the past couple of months. As a result, there has been a rush of money towards large-cap counters as investors look for

Real estate developer Puranik Builders Ltd has filed its draft red herring prospectus (DRHP) with the Securities and Exchange Board of India to raise funds through an initial public offering (IPO). The IPO comprises a fresh issue of shares worth R

India may have just got its biggest entertainment deal yet. The beleaguered Zee Entertainment Enterprises Ltd has got a saviour, with the Indian subsidiary of the Japanese media and electronics giant Sony Corp agreeing to merge the company with itsel

The initial public offering (IPO) of Paras Defence and Space Technologies Ltd made a strong start on Tuesday with the issue getting subscribed more than eight times within the first three hours. The offering of 71.4 lakh shares, excluding anchor a