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Sembcorp Green Infra files for Rs.3,750 crore IPO to cut debt

New Delhi, Aug. 27 -- Sembcorp Green Infra Ltd (SGIL), one of India's top 10 renewable independent power producers, has filed a draft red herring prospectus for an initial public offering to raise up ... Read More


Prudential offloads 2% stake in ICICI Prudential AMC; stock slides 3.8% in bulk deal

New Delhi, Aug. 27 -- Shares of ICICI Prudential Asset Management Company Ltd were trading sharply lower on Thursday, down Rs.123.10 or 3.82 per cent at Rs.3,099.70 as of 2.49 PM, after promoter Prude... Read More


Why Manappuram Finance shares have fallen 5% despite high gold prices?

New Delhi, Aug. 27 -- Shares of Manappuram Finance were trading 5.17 per cent lower at Rs.346.50 on the NSE on Thursday afternoon, touching an intraday low of Rs.346, even as gold prices remained near... Read More


MuscleBlaze, Keventers partner to launch protein milkshakes with up to 30g protein

New Delhi, Aug. 27 -- As protein consumption expands beyond traditional fitness, MuscleBlaze and Keventers have partnered to introduce a range of protein milkshakes designed to bring protein into a fa... Read More


Hindalco commissions 30,000-tonne specialty alumina plant in Karnataka

New Delhi, Aug. 27 -- Hindalco Industries, an Aditya Birla Group company, has commissioned a greenfield Superfine PPT ATH (Precipitated Aluminium Trihydrate) manufacturing plant in Karnataka, bringing... Read More


India Inc turns to M&As as stronger balance sheets fuel growth push

New Delhi, Aug. 26 -- India Inc is increasingly turning to mergers and acquisitions to drive growth, with deal volumes more than doubling since FY17 as companies use acquisitions to build scale, enter... Read More


Varun Beverages drops 3.8% as alcobev pivot, Tunisia JV fail to lift sentiment

New Delhi, Aug. 26 -- Shares of Varun Beverages closed sharply lower on Wednesday, falling Rs.16.75 or 3.82 per cent to Rs.421.25, even as the PepsiCo bottler announced a sweeping strategic expansion ... Read More


Jio Financial Services to roll out "a personal CFO for every Indian" on its app

New Delhi, Aug. 26 -- Jio Financial Services Ltd (JFSL) will roll out two new features on its JioFinance app-- a personal CFO for every Indian, which will offer advisory and actionable recommendations... Read More


Bank of Baroda launches UPI Global QR Payments

New Delhi, Aug. 26 -- The Bank of Baroda (BoB) launched "UPI Global QR Payments" (UPI Global Reverse Acceptance) on Wednesday for international tourists, overseas Indians, and foreign wallet/payment a... Read More


Avaada Electro files IPO papers with SEBI, eyes Rs.7,600 crore

New Delhi, Aug. 26 -- Avaada Electro Ltd, a vertically integrated solar photovoltaic manufacturer, has filed its Updated Draft Red Herring Prospectus (UDRHP) with the Securities and Exchange Board of ... Read More