ICICI Prudential Asset Management Company witnessed an overwhelming response to its initial public offering, attracting bids worth nearly ₹3 lakh crore against an issue size of ₹10,600 crore. The public issue closed on December 16 with an overall subscription of 39.17 times, placing it as the fourth most-subscribed…
Tata Consultancy Services (TCS) has announced an expansion of its long-standing collaboration with Aviva, a major insurance, wealth and retirement services provider in the United Kingdom. Under the enhanced agreement, comprehensive policy administration services will now extend to more than 6.5 million policies. These services will be delivered…
The Securities and Exchange Board of India (SEBI) has granted approval for the proposed initial public offering of LEAP India on December 5, 2025. The approval remains valid for a period of 12 months, allowing the company to proceed with its listing plans subject to prevailing market conditions…
The National Stock Exchange of India (NSE) announced on December 18, 2025, that futures and options contracts will be introduced for four companies—Swiggy, Waaree Energies, Premier Energies, and Bajaj Holdings and Investment Securities. These contracts will be available starting with the January derivatives series after the stocks met…
Can Fin Homes Limited has announced an interim dividend of ₹7 per equity share, which is scheduled to be paid on or before January 13, 2026. The company has fixed December 19, 2025, as the record date to identify shareholders eligible to receive the dividend. In a regulatory…
Niraj Cement StructuralsReceived an order worth ₹322.27 crore. GPT InfraBagged a ₹1,804 crore flyover contract from MCGM. BioconReceived Establishment Inspection Report (EIR) with Voluntary Action Indicated from US FDA for its New Jersey facility. Mishra Dhatu NigamSecured an order worth ₹121.75 crore; current order book stands at…
Delhi is set to welcome Bharat Taxi, India’s first cooperative-based taxi service, offering an alternative to existing app-based cab aggregators. Launched by the Central Government, the platform aims to provide fair pricing, improved driver welfare, and reliable urban mobility. Service Features and Passenger Experience Operated by Sahakar Taxi…
according to Group Chairman Anil Agarwal. Business Restructuring and Capital Allocation Vedanta has received approval from the National Company Law Tribunal for its demerger, resulting in the creation of four independent entities: Entity Focus Vedanta Aluminium Aluminium production and greenfield projects Vedanta Oil & Gas Onshore, offshore, and…
withdrawn their IPO plans. Significance of SEBI Observation Letter An observation letter from SEBI is a critical step in the IPO process. Once received, companies are permitted to launch their IPO within 12 months. For firms filing draft papers through the confidential route, this timeline extends to 18…
The proposed investment could value OpenAI at over $500 billion. Amazon’s investment is expected to be around $10 billion, though the exact size and structure of the deal may change. In October, OpenAI completed a $6.6 billion secondary share sale, allowing employees and former staff to sell shares…