The initial public offering of LG Electronics India Ltd received 54.02 times subscription on the final day of bidding on Thursday, driven by overwhelming participation from institutional buyers. Photograph: Kim Hong-Ji/Reuters The Rs 11,607-crore IPO received bids for 3,85,33,26,672 shares
Prime Minister Narendra Modi on Thursday said the India-UK free trade pact will boost MSMEs and create jobs, and exuded confidence that the target of doubling bilateral trade will be achieved ahead of 2030 deadline. IMAGE: Prime Minister Narendra Modi
Between January and August 2025, over 65,000 units of the Bolero were sold, making it the third-highest contributor to Mahindra’s overall SUV sales. Bolero annually achieves sales of over 1 lakh units. IMAGE: Nalinikanth Gollagunta, chief executive officer, Automotive Division,
Indian information-technology (IT) service providers are likely to report another quarter (July-September) of low, single-digit growth owing to macro uncertainties, chiefly emanating from America, with no respite in sight even in the second half of the year. Illustration: Dominic Xavier/Rediff
Markets regulator Sebi on Wednesday overhauled the block deal framework for stock exchanges, by setting a minimum trade size limit of Rs 25 crore and introducing two trading windows with tighter price limits and enhanced disclosure norms. Photograph: Francis Mascarenhas/Reuters
Credit quality of Indian corporate is expected to be stable in the second half of the current financial year (H2FY26), supported by easing monetary cycle, and declining inflation, coupled with income-tax relief and rationalisation of the goods and service tax
The initial public offering of non-banking financial company Tata Capital Ltd got fully subscribed on the final day of bidding on Wednesday. Illustration: Uttam Ghosh The company’s Rs 15,512 crore share sale received bids for 45,84,78,044 shares against 33,34,36,996 shares
The bumper rise is due to the rising demand for the drug and patients’ gradual shift towards its higher dosage. Photograph: Kind courtesy Raimond Spekking/CC BY-SA 4.0/wikipedia.org/Creative Commons US drugmaker Eli Lilly’s weight loss drug Mounjaro (tirzepatide) recorded Rs
Finance Minister Nirmala Sitharaman on Tuesday asked fintech firms to focus on risk management at a time when criminals are using AI to mimic voices, clone identities and create lifelike videos to manipulate people. Photograph: ANI Photo Speaking at the
Tata Trusts, which exerts decisive influence over India’s most valuable conglomerate through its about 66 per cent stake of Tata Sons, finds itself in the midst of infighting among its trustees over board appointment and governance issues. IMAGE: Bombay House,
