Ecos India Mobility, a chauffeur-driven mobility provider, raised Rs 180.36 crore from anchor investors ahead of its IPO. The IPO, priced at Rs 318-334 per share, opens on Wednesday.

SBI Mutual Fund and 3 others acquired a 2.97% stake in Rolex Rings for Rs 196.14 crore through open market transactions. The deal involved 8.09 lakh shares purchased at a price range of Rs...

Promoters of Electronics Mart India, Pavan Kumar Bajaj and Karan Bajaj, have sold a 7.8% stake for Rs 689 crore via open market transactions. Norway's Government Pension Fund Global and SBI MF...

Unicommerce eSolutions, a SoftBank-backed SaaS platform, has raised Rs 124 crore from anchor investors ahead of its IPO. The IPO will open for subscription between August 6 and 8.

Meesho, the Softbank-backed e-commerce firm, has appointed Jubilant Bhartia Group founder Hari S Bhartia, former JP Morgan Chairman Kalpana Morparia, and PhonePe non-executive Chairman Rohit Bhagat...

Life Insurance Corporation of India (LIC) plans to finalize a stake purchase in a standalone health insurer this fiscal year. LIC's MD and CEO, Siddhartha Mohanty, revealed that the company is...

Fortis Healthcare's consolidated net profit increased by 5% to Rs 193 crore in Q2 FY25, driven by strong hospital performance. Revenue also grew to Rs 1,988 crore.

Indian industry bodies have presented their wishlists for the upcoming Union Budget 2025-26, seeking an amnesty scheme for customs, tax rate reductions, simplified compliance and more.

India's Labour Minister announces successful pilot run of the Centralized Pension Payments System (CPPS) for Employees' Pension Scheme 1995, aiming to streamline pension disbursement.

The Reserve Bank of India has expanded forex reporting requirements to include spot deals, aiming for complete transaction data in the trade repository. This will apply to authorized dealers...

GE Vernova T&D India's profit after tax jumped to Rs 144.6 crore in the September 2024 quarter, driven by higher revenue and strong order bookings. Read more.

Life Insurance Corporation of India (LIC) plans to finalize a stake purchase in a standalone health insurer this fiscal year. LIC's MD and CEO, Siddhartha Mohanty, revealed that the company is...

Rajasthan government signs MoUs worth Rs 63,463 crore in the mines and petroleum sector, attracting investments for industrial development and job creation.

Suzlon's CEO - New Business, Ishwar Chand Mangal, has resigned after 28 years with the company to pursue new opportunities. Read more about his departure and his legacy.

Shipping Corporation of India (SCI) reported a multi-fold rise in its net profit for the second quarter ended September 2024, reaching Rs 291.44 crore. The company's total income also...