ICICI Prudential Conglomerate Fund: Some of India’s biggest business groups operate across sectors/industries — from energy and infrastructure to telecom, retail and finance*. These are conglomerates: promoter-led entities with multiple listed companies under a single umbrella, which are diversified. As markets evolve, these groups are well-positioned to manage…
LG Electronics IPO Details IPO Date October 7, 2025 to October 9, 2025 Listing Date [.] Face Value ₹10 per share Issue Price Band ₹1080 to ₹1140 per share Lot Size 13 Shares Sale Type Offer For Sale Total Issue Size 10,18,15,859 shares (aggregating up to ₹11,607.01 Cr) Employee Discount ₹108.00 Issue…
Adani Green Energy Ltd (AGEL) has commissioned 408.1 MW of renewable energy projects at Khavda, Gujarat, further expanding its operational capacity. The new projects, declared operational on September 30, 2025, include solar, wind, and hybrid generation assets. Project Breakdown Solar Project: 87.5 MW Wind Project: 124.8 MW Hybrid…
Tata Power has signed a Power Purchase Agreement (PPA) with Tata Power Mumbai Distribution to develop an 80 MW firm and dispatchable renewable energy project, marking a major milestone in the company’s renewable energy expansion strategy. Project Details Capacity: 80 MW firm and dispatchable renewable energy plant Expected…
Hexaware Technologies Ltd, India’s tenth-largest IT services company, is facing one of the biggest patent lawsuits filed against an Indian IT firm. US-based Natsoft Corp. has sued Hexaware in an Illinois district court, seeking $500 million in damages for alleged breach of contract and patent infringement. The lawsuit,…
TBO Tek Limited, a global travel distribution platform, has acquired 100% ownership of Classic Vacations, LLC for $125 million through its subsidiary TBO LLC, in a move that strengthens its position in the US luxury travel market. The deal was financed via inter-corporate loans, internal accruals, and credit…
Nestle India Limited, the leading FMCG giant, has announced a major expansion of its Maggi Noodles production capacity at its Sanand Factory in Gujarat, reinforcing its confidence in India’s growing instant noodles market. Expansion Highlights Investment: ₹85 crore, funded via internal accruals. New Capacity: Additional 20,600 tons per…
New Delhi-based PC Jeweller Ltd has reported a strong performance in the second quarter of FY2025-26, driven by robust festive demand for gold jewellery and significant progress on its debt reduction strategy. Q2 Financial Highlights Revenue: Rose 63% YoY to ₹808 crore in July–September 2025, up from ₹496…
Ashoka Buildcon Limited has strengthened its infrastructure portfolio by acquiring a majority 61.17% stake in Jaora-Nayagaon Toll Road Company Private Limited (JTCL). The acquisition was executed through its subsidiary, Viva Highways Limited, which purchased 7,46,20,000 equity shares from Macquarie SBI Infrastructure Investments Pte Limited and SBI Macquarie Infrastructure…
CSB Bank has reported a strong performance in its September quarter provisional business update, with robust growth across both deposits and advances. The lender’s total deposits rose 25% year-on-year to ₹39,651 crore, while gross advances surged 29% to ₹34,730 crore, underscoring its steady momentum in credit expansion. Key…
