The initial public offering (IPO) lane will be busy next week, with four main-line companies, including Leela Palaces Hotels & Resorts operator Schloss Bangalore Ltd and Aegis Vopak Terminals tapping the primary market to raise over Rs 6,600 crore collectively.
Airtel has informed the government and regulator Trai that it has approached Reliance Jio and Vodafone Idea with a proposal for a joint initiative to unite the industry against rising telecom fraud and scams. Photograph: Adnan Abidi/Reuters Airtel has also
1 / 10 The initial public offerings (IPO) market is set for a busy week starting Monday, May 26, with nine IPOs worth over ₹6,900 crore slated to debut on Dalal Street. Of these nine IPOs, five are from the
Leela Hotels IPO: Brookfield-backed Schloss Bangalore Ltd, which owns the hotel chain “The Leela” Palaces, Hotels and Resorts, is set to open its initial public offering (IPO) for public subscription on Monday, 26 May 2025, and is scheduled to close
Movement in the equity market this week will be guided by a host of macroeconomic data announcements, global trends and trading activity of foreign investors, analysts said. Illustration: Dominic Xavier/Rediff Stocks markets concluded the last week on a subdued note,
After the merger of regional rural banks (RRBs) under the “One State, One RRB” policy to improve their efficiency and minimise competition among public-sector banks (PSBs) that sponsor them, the government is planning to list at least five RRBs by
India has become the fourth largest economy in the world, overtaking Japan, NITI Aayog CEO B V R Subrahmanyam said on Saturday. Briefing reporters after the 10th Governing Council meeting of Niti Aayog, Subrahmanyam said overall geopolitical and economic environment
Adani Ports and JSW Infrastructure, India’s leading private port operators, are expanding their logistics services to capture extra cargo while they run integrated transport services. Photograph: Jon Nazca/Reuters “With incrementally less availability of lucrative port assets that can drive cargo
NTPC Ltd reported a 22.6% sequential rise in consolidated net profit for the fourth quarter of FY24 at ₹5,778 crore, falling marginally short of CNBC-TV18’s poll estimate of ₹5,810 crore. Revenue for the quarter stood at ₹43,903.7 crore, up 6%
State-owned power giant NTPC on Saturday reported nearly 22 per cent rise in consolidated net profit to ₹7,897.14 crore for the March quarter, driven by higher operational income. It had reported a net profit of ₹6,490.05 crore in the January-March
