View on market: Volatility persists, eagerly searching for growth: Asian stocks moved higher on Tuesday, taking positive signals from Wall Street, where hopes of a coming Federal Reserve rate cut boosted investor confidence. Shares in Japan and South Korea gained, while Australian markets edged lower. US futures were…
Shringar House of Mangalsutra Limited IPO Company Profile: Shringar House of Mangalsutra Ltd is one a leading and specialized designer and manufacturer of Mangalsutras in India. The company is engaged in the design, manufacturing, and marketing of an extensive range of Mangalsutras, incorporating stones such as American diamonds,…
Tata Communications Limited, a leading global communications technology provider, has entered a strategic partnership with Cisco to enhance enterprise IoT connectivity and eSIM management. The collaboration aims to simplify and scale IoT deployments, allowing organisations to manage large fleets of connected devices more efficiently and cost-effectively. Partnership Overview…
MOS Utility Limited, a leading Indian fintech innovator, has expanded its strategic partnership with Indonesia-based DigiAsia Corp. to accelerate financial inclusion through branchless banking and AI-powered tools in both India and Indonesia. Partnership Overview Expansion Beyond Payments: The collaboration aims to address a financial inclusion opportunity valued at…
Prosus-backed PayU, a leading digital payments company in India, is preparing a fundraising round of up to $300 million through a minority stake sale, with HSBC appointed as its banking partner. This move is aimed at gauging investor interest and establishing a valuation benchmark ahead of its anticipated…
HFCL Limited, a leading Indian telecom infrastructure and technology solutions provider, has announced fresh international orders worth $40.65 million (₹358.38 crore) for the supply of optical fibre cables (OFC) customized to meet specific client requirements. The company will execute these orders through its wholly owned overseas subsidiary, with…
South Korean consumer electronics giant LG Electronics is set to launch a ₹15,000 crore initial public offering (IPO) in October 2025, marking the largest IPO in India in 2025. The company will offload 10.2 crore shares, representing a 15% stake in its Indian unit, through a pure Offer…
Maruti Suzuki expects a 10% increase in small car sales following the rollout of GST 2.0, which reduces GST rates on small cars from 28–31% to 18%. This tax reduction is anticipated to revive demand in the mass-market segment, where Maruti holds a dominant position. Impact of GST…
On the fourth anniversary of India’s Account Aggregator (AA) ecosystem, the government announced that over 11 crore (112 million) users have linked their financial information through AAs. This digital framework enables secure, consent-based sharing of financial data, allowing seamless access to financial services while maintaining user privacy. Key…
Oravel Stays, the parent company of OYO, has officially rebranded as Prism, signaling a strategic step to consolidate its diverse businesses under a single corporate umbrella. The announcement comes as the company prepares for its initial public offering (IPO) and aims to streamline operations and communication across its…