Northern Arc Capital's IPO received strong investor interest, getting subscribed 9.98 times on Day 2. The share sale received bids for 21,43,97,349 shares against 2,14,78,290 shares on offer.

PMEA Solar Tech Solutions has filed IPO papers with Sebi, aiming to raise Rs 600 crore via fresh issue and an offer for sale (OFS). The company plans to use the proceeds for manufacturing expansion...

Northern Arc Capital's IPO received 2.86 times subscription on Day 1, with strong demand from retail and non-institutional investors. The IPO, which aims to raise Rs 777 crore, will conclude on...

Northern Arc Capital, a non-bank financial institution, has raised Rs 229 crore from anchor investors ahead of its IPO, which is scheduled to open on September 16. The IPO will be a combination of...

Northern Arc Capital, a non-bank financial institution, has fixed a price band of Rs 249-263 per share for its Rs 777 crore IPO, opening on September 16. The IPO comprises a fresh issue and an...

Aurobindo Pharma Ltd will acquire the remaining 49% stake in GLS Pharma Ltd for Rs 22.5 crore, making it a wholly-owned subsidiary. The deal is expected to be completed by December 31, 2024.

Indian stock markets closed lower on Wednesday, dragged by IT stocks ahead of the US Fed's interest rate decision. Sensex dropped 131.43 points to 82,948.23, while Nifty declined 41 points to...

India participates in IFTM Top Resa 2024 in Paris to boost inbound tourism, showcasing its diverse offerings and attracting visitors from France and beyond.

Tata Power Renewable Energy Ltd (TPREL) plans to invest Rs 75,000 crore to reach 20GW of operational solar capacity by 2030, aiming to meet the target ahead of schedule.

Godrej Capital, the financial services arm of Godrej Group, is entering the affordable housing loan segment, aiming for Rs 17,000 crore AUM by December 2024. The company also plans to expand its...

Schmooze, an AI-powered meme-based dating platform, has raised USD 4 million from Elevation Capital and other investors. The funding will be used to scale user acquisition efforts.

Hitachi Payment Services partners with AbhiBus to provide digital ticketing services for Himachal Road Transport Corporation (HRTC) buses, including online bookings, real-time seat availability,...

D2C design and lifestyle brand DailyObjects secures USD 10 million in Series B funding led by 360 ONE Asset, to expand distribution, product innovation, and manufacturing capacity.

Aurobindo Pharma Ltd will acquire the remaining 49% stake in GLS Pharma Ltd for Rs 22.5 crore, making it a wholly-owned subsidiary. The deal is expected to be completed by December 31, 2024.

Indian stock markets closed lower on Wednesday, dragged by IT stocks ahead of the US Fed's interest rate decision. Sensex dropped 131.43 points to 82,948.23, while Nifty declined 41 points to...