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…
Tata Motors, one of India’s largest automobile manufacturers, has announced significant price cuts across its passenger vehicle lineup, following the government’s recent Goods and Services Tax (GST) reduction on passenger cars. The new prices, effective September 22, 2025, will make Tata’s hatchbacks, sedans, and SUVs more affordable, further…
NTPC Green Energy Limited (NGEL) has signed a Memorandum of Understanding (MoU) with the V.O. Chidambaranar Port Authority (VOCPA) to advance green energy technologies and promote decarbonisation in port operations. Under this agreement, NGEL will establish a green hydrogen fuelling station at VOC Port, complemented by the deployment…
RBL Bank Ltd has announced a final dividend of ₹1 per equity share (10% on face value of ₹10 each), subject to shareholder approval at its upcoming Annual General Meeting (AGM). The bank has fixed September 9, 2025, as the record date to determine shareholder eligibility for this…
Hyundai Motor India Limited (HMIL) has announced substantial price reductions across its passenger vehicle lineup after the implementation of the revised Goods and Services Tax (GST) structure. The new prices, effective September 22, 2025, will lower costs by up to ₹2.4 lakh, bringing welcome relief for car buyers…
