SpiceJet raised Rs 3,000 crore through a Qualified Institutional Placement (QIP), oversubscribed by investors, indicating strong confidence in the company's growth prospects.

Schloss Bangalore, operator of Leela Palaces Hotels & Resorts, files IPO papers with Sebi, aiming to raise Rs 5,000 crore. The IPO includes a fresh issue and an offer for sale.

iBUS Network and Infrastructure, backed by NIIF, secures Rs 280 crore from IFC for international expansion. The investment will support organic and inorganic growth initiatives.

Peak XV Partners, Fireside Ventures, Sofina, Stellaris, and Sequoia Capital Global Growth Fund III sold a 10% stake in Honasa Consumer, which owns Mamaearth brand, for Rs 1,601 crore. ICICI...

Vedanta Resources has raised $900 million in a five-year bond offering, its first US dollar bond issue since 2021. The company plans to use the proceeds to prepay existing debt, reflecting investor...

AICPDF warns FMCG companies about predatory pricing and deep discounting by quick commerce platforms, urging them to protect brand value and ensure fair practices.

India to establish shipbuilding and ship repair clusters in 5 states, aiming for 40 million TEUs container handling by 2028. Minister Sonowal highlights key initiatives.

Gold loans by banks and NBFCs are set to reach Rs 10 lakh crore by FY25-end, driven by rising gold prices and strong demand. Icra expects further growth in the coming years.

Tech Mahindra and the University of Auckland collaborate to drive research and innovation in AI, ML, and quantum computing, enhancing employability and fostering industry-academia partnerships.

UBS Group has acquired 30.72 lakh shares of HDFC Bank for over Rs 543 crore through an open market transaction. The deal was executed at an average price of Rs 1,768.05 per share. Meanwhile,...

AICPDF warns FMCG companies about predatory pricing and deep discounting by quick commerce platforms, urging them to protect brand value and ensure fair practices.

Small Industries Development Bank of India (Sidbi) reported a 20% jump in its FY24 net profit to a record Rs 4,026 crore, driven by strong income growth and loan portfolio expansion.

India to establish shipbuilding and ship repair clusters in 5 states, aiming for 40 million TEUs container handling by 2028. Minister Sonowal highlights key initiatives.

Gold loans by banks and NBFCs are set to reach Rs 10 lakh crore by FY25-end, driven by rising gold prices and strong demand. Icra expects further growth in the coming years.

Tech Mahindra and the University of Auckland collaborate to drive research and innovation in AI, ML, and quantum computing, enhancing employability and fostering industry-academia partnerships.