Adani to exit consumer goods venture Adani Wilmar in $2 bn deal

Billionaire Gautam Adani’s group on Monday announced its exit from FMCG joint venture Adani Wilmar by selling its entire stake to the Singaporean partner and in the open market for an estimated over $2 billion in a first major deal

Sebi board decides to tighten SME IPO norms and more

Sebi has decided to make electronic payments mandatory for demat account holders to ensure quicker transactions. Photograph: Francis Mascarenhas/Reuters The Sebi board on Wednesday approved a series of measures, including stricter regulatory norms for SME IPOs, a comprehensive overhaul of

Five main-board, 6 SMEs to hit the markets to raise Rs 18,500 cr

The IPO market is set to be bustling next week, with 11 companies like Vishal Mega Mart, TPG Capital-backed Sai Life Sciences and fintech firm One Mobikwik Systems gearing up to launch their initial share sales, collectively aiming to raise