Exclusive

Publication

Byline

Milky Mist IPO subscribed 42.29 times so far on closing day, QIBs lead demand

New Delhi, Aug. 13 -- Milky Mist Dairy Food IPO received a strong response on the closing day, with the issue subscribed 42.29 times as of 3.12 pm. Qualified institutional buyers led the demand, with... Read More


Milky Mist IPO fully subscribed on Day 2, retail portion booked 1.26 times

New Delhi, Aug. 12 -- Milky Mist Dairy Food's Rs.1,553-crore IPO was fully subscribed by 10.36 am on Day 2 of the issue. The retail portion was subscribed 1.26 times, while the non-institutional inve... Read More


Ola Electric gets two-year cell PLI extension, Rs.7,240-crore incentive window through 2031

New Delhi, Aug. 12 -- EV-maker Ola Electric has received revised timelines for its advanced chemistry cell (ACC) production-linked incentive (PLI) scheme from the Ministry of Heavy Industries (MHI), e... Read More


TD Power Systems stock rallies 19% after strong Q1 results

New Delhi, Aug. 12 -- TD Power Systems stock rallied 19 per cent to hit a fresh 52-week high on Wednesday after the company reported strong Q1 results. At 10.30 am, the stock traded 15 per cent highe... Read More


Ardee Industries shares trades at Rs.69 level after nearly 40% premium listing

New Delhi, Aug. 12 -- Ardee Industries shares made a strong stock market debut on Wednesday, listing at nearly 40 per cent premium over the IPO price of Rs.53. The stock debuted at Rs.72 on the NSE, ... Read More


Finolex Cables shares jump 14% to 52-week high, Jefferies lift target to Rs.1,410

New Delhi, Aug. 12 -- Finolex Cables shares zoomed close to 14 per cent to hit a fresh 52-week high of Rs.1,374 on the NSE, following strong Q1 results. The stock has rallied 29.6 per cent in the last... Read More


Manappuram Finance shares erase gains despite Q1 profit rise

New Delhi, Aug. 12 -- Manappuram Finance shares erased their early gains despite a 41 per cent year-on-year (y-o-y) jump in first-quarter standalone net profit to Rs.552 crore. The stock opened 2.7 p... Read More


Uber expands to 225 cities across India, steps up bike-taxi and cab services

New Delhi, Aug. 12 -- Ride-hailing platform Uber has expanded its footprint to 100 more cities, taking its presence to 225 cities across the country, as competition in the bike-taxi segment intensifie... Read More


Dhoot Transmission, Molbio Diagnostics IPOs see over 70 times subscription on closing day

New Delhi, Aug. 12 -- Dhoot Transmission and Molbio Diagnostics IPOs received strong demand on the final day of bidding, with the two mainboard issues subscribed 74.21 times and 70.26 times, respectiv... Read More


Indian semicon startups raised $206 million since 2022 as investors back mature bets: Report

New Delhi, Aug. 12 -- Indian semiconductor startups have raised approximately $206 million across 51 funding rounds since 2022, according to the Indian Semiconductor Startup Landscape 2026, released b... Read More