Kolkata-based infrastructure and equipment financier SREI Infrastructure Finance Ltd has sought a faster green signal from its lenders to recast its debt pile and parallelly asked for regulatory approval to bring new investors on board. SREI Infra

Gaurav Gupta, co-founder and head of supply at Zomato Ltd, has decided to leave the food delivery company after a six-year stint and barely two months after the firm’s initial public offering. “I am taking a new turn in my life and will be sta

Hyderabad-based pathology chain Vijaya Diagnostic Centre Ltd made a tepid trading debut on Tuesday as its shares listed at a premium of barely 2 to the initial public offering (IPO) price but stretched the gains in the first hour. The company’s

Speciality chemicals maker Ami Organics made a spectacular stock market debut on Tuesday as its shares listed at a 48 premium to its initial public offering (IPO) price. The Surat-based company’s shares listed on the BSE at Rs 902 apiece, up fr

As Indian stock market participants debate on whether it is over-valued or not, there are some indicators we may look at or better understanding. Nifty price-to-earnings (PE) ratio is one such indicator even though there are multiple actors to b

Indian stock indices, which have scaled new highs and are now consolidating near their peak levels, have seen a rush of money towards large cap counters as investors—anticipating a correction from these levels—are looking at some comfort factor r

Kolkata-based ethnic wear company Vedant Fashions Pvt Ltd, the owner of the Manyavar brand, has filed its draft red herring prospectus (DRHP) with capital markets regulator SEBI to launch an initial public offering (IPO). According to the DRHP, th

The Indian government has approved the production-linked incentive (PLI) scheme for the textile sector for almost a dozen categories in a move that would boost domestic manufacturing and help local producers with an enhanced incentive structure. T

The Narendra Modi government has ambitious plans of raising Rs 1.75 trillion via disinvestment during the current financial year, and is banking on generating a lion’s share of this money from the Life Insurance Corp (LIC) of India. The governme

India’s stock markets remain buoyant on the eve of Ganesh Chaturthi and are trading near record highs. Since the festival last year, benchmark indices have jumped more than 50 and many individual stocks have gained far more. Also Read: These Ni

Even as India gets ready to celebrate the upcoming festive season, with Ganesh Chaturthi just around the corner, the benchmark stock market indices have been zooming ahead. While the 30-stock BSE Sensex has breached the 58,000 mark, the Nati

India1 Payments Ltd has filed its draft red herring prospectus with the Securities and Exchange Board of India to launch its initial public offering (IPO), joining a long list of companies going public amid bullish investor sentiment. The white-la