Flipkart Investments Private Limited is set to sell up to 6% of its stake in Aditya Birla Fashion and Retail Ltd (ABFRL) through a block deal, in a move aimed at portfolio rebalancing and strategic rationalisation, according to CNBC-TV18. Transaction Details Stake for Sale: Up to 6% of…
The Maharashtra government has rolled out a digital ‘e-bond’ system for import and export transactions, replacing the traditional stamp paper bonds. With this initiative, Maharashtra becomes the 16th state in India to adopt e-bonds, aimed at simplifying trade, reducing paperwork, and enhancing operational efficiency. Key Features of the…
The National Stock Exchange of India (NSE) has announced a ₹380 crore healthcare initiative under its corporate social responsibility (CSR) program, funding a state-of-the-art cancer treatment facility at Tata Memorial Hospital’s ACTREC campus, Navi Mumbai. The move comes amid NSE’s preparations for its upcoming initial public offering (IPO).…
The National Stock Exchange (NSE) has announced a reduction in lot sizes for key index derivatives, including Nifty 50, Nifty Bank, Nifty Financial Services, and Nifty Midcap Select, aiming to make trading more accessible by lowering contract values and margin requirements. Key Changes in Lot Sizes Nifty 50:…
Canara Robeco IPO Details IPO Date October 9, 2025 to October 13, 2025 Listing Date [.] Face Value ₹10 per share Issue Price Band ₹253 to ₹266 per share Lot Size 56 Shares Sale Type Offer For Sale Total Issue Size 4,98,54,357 shares (aggregating up to ₹1,326.13 Cr) Issue Type Bookbuilding IPO Listing…
Rubicon Research IPO Details IPO Date October 9, 2025 to October 13, 2025 Listing Date [.] Face Value ₹1 per share Issue Price Band ₹461 to ₹485 per share Lot Size 30 Shares Sale Type Fresh Capital-cum-Offer for Sale Total Issue Size 2,84,02,040 shares (aggregating up to ₹1,377.50 Cr) Fresh Issue 1,03,09,278 shares…
Shares of Avenue Supermarts Ltd (DMart) fell following a cut in price target by Goldman Sachs after the company reported its Q2 FY26 standalone results. Q2 Performance Revenue: ₹16,218 crore (+15.4% YoY), slightly below the three-year CAGR of 15.8%. Store Additions: 8 new stores in Q2, taking the…
Dhanlaxmi Bank Ltd reported a robust growth in its total business for Q2 FY26, with the figure rising 17.5% year-on-year to ₹30,147 crore. The surge was driven by healthy increases in both deposits and advances. Quarterly Performance Total Deposits: ₹17,103 crore (+17% YoY) Gross Advances: ₹13,044 crore (+18%…
Lupin Ltd, a leading Indian pharmaceutical company, has launched Liraglutide injection in the United States, marking a significant expansion of its complex injectables portfolio. The injectable is aimed at improving blood sugar control in adults and children aged 10 years and above with Type 2 Diabetes, in combination…
The Securities and Exchange Board of India (SEBI) has finally approved IHH Healthcare Berhad’s long-delayed open offer for a 26.1% stake in Fortis Healthcare and its subsidiary, Fortis Malar Hospitals, nearly seven years after the Malaysian firm initially acquired a 31.1% stake in the Indian hospital chain. Background…