Sansera Engineering Ltd, which makes components for automotive and aerospace companies, received a lukewarm response from retail investors to its initial public offering even though the overall issue sailed through easily. The company’s IPO was

Cigarette maker ITC Ltd, which has diversified across fast-moving consumer goods (FMCG), hospitality, paper and other areas, has been one of the laggards in the stock market rally that has seen benchmark indices hit new highs. Despite being

The Indian government has approved a production-linked incentive (PLI) scheme for the automobile sector to help companies ramp up local manufacturing of cars, bikes and electric vehicles. The government has fixed an outlay of almost Rs 26,000 cror

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

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