KBC Global plans to raise Rs 100 crore through an equity issue to reduce debt. The company's board will meet on October 16 to approve the proposal.

Edelweiss Financial Services has sold a 6.2% stake in Nuvama Wealth Management for Rs 1,481 crore through open market transactions. The shares were offloaded at an average price of Rs 6,702.6 apiece.

KBC Global's subsidiary, KBC International, has signed an agreement with Liberia SEZ Authority for the development of commercial and residential projects worth USD 12.5 million. The project will...

Vraj Iron & Steel has raised over Rs 51 crore from anchor investors ahead of its IPO, which opens for public subscription on June 26. The company plans to use the funds for expansion projects.

D2C dairy startup Sid's Farm secures USD 10 million funding led by Omnivore and Narotam Sekhsaria Family Office. The investment will fuel growth in Hyderabad and Bengaluru.

CCI proposes amendments to its penalty recovery process under the Competition Act, 2002. Public feedback is invited by December 6.

Deutsche Bank honors Ratan Tata's legacy with a commemorative plaque in Mumbai. Also, Nexstem raises USD 3.5 million, Croma appoints new CEO, and Visa elevates Rishi Chhabra.

The Insolvency and Bankruptcy Board of India (IBBI) proposes reforms to streamline the insolvency process for real estate companies and enhance protection for stakeholders.

Trent Ltd, a Tata Group retail firm, reported a 46.9% rise in its consolidated net profit to Rs 335.06 crore for the second quarter ended September 2024. Revenue also jumped significantly.

FSSAI directs state authorities to increase surveillance on e-commerce warehouses and issue SOPs for delivery personnel to ensure safe food. The move aims to enhance food safety standards across...

CCI proposes amendments to its penalty recovery process under the Competition Act, 2002. Public feedback is invited by December 6.

Jagran Prakashan Ltd, publisher of Dainik Jagran, reported a slight rise in Q2 net profit to Rs 41.64 crore, while revenue dipped by 2.66%.

Deutsche Bank honors Ratan Tata's legacy with a commemorative plaque in Mumbai. Also, Nexstem raises USD 3.5 million, Croma appoints new CEO, and Visa elevates Rishi Chhabra.

Bajaj Electricals reports a 52.7% decline in Q2 net profit to Rs 12.9 crore, while revenue rose marginally to Rs 1,118 crore. Consumer products revenue increased, while lighting solutions revenue...

The Insolvency and Bankruptcy Board of India (IBBI) proposes reforms to streamline the insolvency process for real estate companies and enhance protection for stakeholders.