In a strategic move to enhance its capital base and fund inorganic growth, Zaggle Prepaid, a leading fintech firm, has announced a Qualified Institutional Placement (QIP) with an issue size of ₹450 crore and an upsize option of up to ₹750 crore.

ABB India has finalized an agreement to acquire the power electronics business of Gamesa Electric in Spain, a division of Siemens Gamesa. This strategic move enhances ABB’s capabilities in high-powered renewable power conversion technology. I

Punjab & Sind Bank has successfully secured ₹3,000 crore through the issuance of its inaugural infrastructure bonds, significantly enhancing its capacity for infrastructure lending. Invest in Indian Markets and Unlock Future Potential Wit

Lupin, the Mumbai-based pharmaceutical giant, has announced that it has received approval from the United States Food and Drug Administration (U.S. FDA) for its Abbreviated New Drug Application (ANDA) for Emtricitabine and Tenofovir Alafenamide Table

The Securities and Exchange Board of India (SEBI) approved several significant measures in its latest board meeting to strengthen investor protection and improve market transparency. These include stricter rules for small and medium enterprise (SME)

Mamata Machinery Limited's initial public offering (IPO) has garnered significant interest ahead of its listing. The company, known for manufacturing packaging machinery and extrusion coating lamination equipment, opened its IPO for subscription rece

Shriram Finance announced on Wednesday that it has successfully raised $1.27 billion through a syndicated external commercial borrowing (ECB) facility in multiple currencies. This marks the largest ECB loan ever secured by a private non-banking finan

Asian Paints shares took a sharp hit on Thursday, December 19, plunging around 3.4% to reach a 52-week low of ₹2,266.0 per share on the Bombay Stock Exchange (BSE). This drop in share price followed the resignation of two key executives, sparking a

The Indian IT sector witnessed a sharp decline on December 19 as a hawkish outlook from the US Federal Reserve dampened hopes for robust demand recovery. Shares of major IT firms like LTIMindtree, Wipro, and L&T Technology Services fell bet

Shares of Bank of Baroda fell during early trade on Thursday following the lender’s announcement to raise ₹10,000 crore through long-term bonds. The funds will be used to finance infrastructure and affordable housing projects, as per the bank’s

In an exclusive conversation with Moneycontrol, HSBC India CEO Hitendra Dave shared insights into the bank's trajectory and future ambitions. Highlighting the importance of wealth management alongside international and corporate banking propositions,

The Indian stock market faced a steep decline on Thursday, December 19, with the Sensex tumbling nearly 1,200 points and the Nifty slipping below the 24,000 mark. The downturn came after the US Federal Reserve indicated a slower pace of interest rate