Zetwerk, a fast-growing manufacturing technology platform, has reportedly initiated the process for a public listing by confidentially filing draft papers for an Initial Public Offering (IPO). The company is aiming to raise approximately ₹4,200 crore (around $450 million), positioning itself at an estimated valuation of nearly $3 billion.…
Flipkart, the Walmart-backed e-commerce major, is undertaking a large-scale transformation of its technology ecosystem through a new initiative called OneTech. The move is aimed at modernising its digital infrastructure and strengthening operational readiness as the company explores a potential Initial Public Offering (IPO), possibly as early as…
India’s export sector continues to demonstrate resilience, with total exports (merchandise and services combined) reaching ₹67.01 lakh crore (US$ 714.73 billion) during April–January FY26. The growth comes despite ongoing global economic uncertainties, supply chain disruptions, and fluctuating commodity prices. Consistent Growth in FY26 The latest figures indicate a…
Shares of TVS Motor Company are in focus after the company announced an interim dividend for FY26, reinforcing its commitment to shareholder returns alongside strong operational performance. Interim Dividend Announcement The Board of Directors of TVS Motor Company approved an interim dividend of ₹12 per equity share (1,200%)…
Key Stocks Witnessing Reduced MF Participation Among the notable names, LTIMindtree Limited (formerly LTM) saw a decline in mutual fund scheme participation, with the number of schemes falling to 220 in February from 240 in January. The total holding value stood at ₹5,824 crore, while the stock has…
G R Infraprojects Limited has been awarded a major highway development project by the National Highways Authority of India (NHAI). The company received the Letter of Award on March 23, 2026, marking a significant addition to its order book. Project Overview The contract, valued at approximately ₹2,440.87 crore,…
Stock Split Details Under the approved subdivision, each existing equity share with a face value of ₹10 will be split into 10 equity shares with a face value of ₹1 each. This means shareholders will receive 10 shares for every 1 share held. While the number of shares…
Public sector banks have transferred a cumulative ₹60,518 crore of unclaimed deposits to the Reserve Bank of India’s Depositor Education and Awareness (DEA) Fund as of January 2026, highlighting the scale of inactive financial assets within the banking system. Unclaimed Funds: Key Details The transfer of unclaimed funds…
Indian Railways has introduced a series of reforms aimed at strengthening construction quality, improving contractor accountability, and reducing project delays. The revised framework focuses on stricter eligibility checks, enhanced execution oversight, and operational improvements across both infrastructure and passenger services. Stricter Contractor Evaluation for Large Projects Under the…
Laxyo Infrastructure has filed its Draft Red Herring Prospectus (DRHP) with the Securities and Exchange Board of India (SEBI), signalling its intent to raise ₹150 crore through an initial public offering (IPO). The issue is structured entirely as a fresh equity offering, with no offer-for-sale component. IPO Structure…
