IDFC First Bank raised Rs 3,200 crore by selling shares to six insurance companies, including LIC and HDFC Life. The bank allotted more than 39.68 crore shares for Rs 80.63 per scrip.

Emcure Pharmaceuticals, backed by Bain Capital, has raised Rs 583 crore from anchor investors ahead of its IPO. The IPO opens for subscription on July 3 and closes on July 5.

IDFC First Bank's board approves Rs 3,200 crore fundraise through preferential share issue to fuel business growth. The move will see LIC, HDFC Life, and Aditya Birla Sun Life increase their stakes.

Go Digit General Insurance's Rs 2,615 crore IPO opens for subscription. The company raised over Rs 1,176 crore from anchor investors, including Fidelity, Goldman Sachs, and Abu Dhabi Investment...

LIC reported a significant 26.41% increase in total premium collection in March 2024, outperforming other listed insurers. The state-owned insurer holds a 58.87% market share based on premium...

Bandhan Bank has appointed Ratan Kumar Kesh as interim MD & CEO, effective July 10. Kesh, previously COO, will serve for three months or until a new CEO is appointed.

iVP Semiconductor, a fabless semiconductor startup, aims to achieve USD 70-100 million in revenue within 3-4 years, expanding its presence in power, EV, and IoT sectors. The company has secured USD...

Zepto CEO Aadit Palicha forecasts Rs 2.5 lakh crore revenue for the quick commerce unicorn in 5-10 years, fueled by strong growth in grocery & household essentials.

M3M India launches luxury housing project 'M3M Altitude' in Gurugram, expecting Rs 4,000 crore revenue. The 4-acre project offers 350 luxury apartments priced between Rs 10 crore to Rs 30 crore.

BigBloc Construction Ltd will consider a bonus share issue on July 19. The company also plans to launch an SME IPO or preferential issue for its subsidiary. Learn more about this development.

Bandhan Bank has appointed Ratan Kumar Kesh as interim MD & CEO, effective July 10. Kesh, previously COO, will serve for three months or until a new CEO is appointed.

iVP Semiconductor, a fabless semiconductor startup, aims to achieve USD 70-100 million in revenue within 3-4 years, expanding its presence in power, EV, and IoT sectors. The company has secured USD...

Check the latest areca and coconut prices in Mangaluru for Saturday, July 6th. Get details on old and new supari, koka, and coconut quality prices.

Zepto CEO Aadit Palicha forecasts Rs 2.5 lakh crore revenue for the quick commerce unicorn in 5-10 years, fueled by strong growth in grocery & household essentials.

M3M India launches luxury housing project 'M3M Altitude' in Gurugram, expecting Rs 4,000 crore revenue. The 4-acre project offers 350 luxury apartments priced between Rs 10 crore to Rs 30 crore.