Denmark’s Carlsberg is exploring a potential IPO for its Indian arm, Moneycontrol has learned. The company has begun early talks with investment banks including Citi, JP Morgan, BofA Securities, Deutsche Bank, and Morgan Stanley. Carlsberg India, which entered the market…
Flipkart India’s consolidated losses widened to ₹5,189 crore in FY25 despite a 17% revenue rise to ₹82,787 crore, driven by higher stock-in-trade costs. Meanwhile, Flipkart Internet, which runs the marketplace, narrowed its losses to ₹1,494 crore as revenues grew 14%…
Vedanta remains India’s highest dividend-yielding private company, but despite generous payouts, its stock has been range-bound for a year, weighed down by demerger delays and concerns over capital allocation.
Alphabet has joined the $3 trillion market capitalisation club, lifted by a lighter-than-expected US antitrust ruling earlier in September. Shares surged over 4% on Monday.
Hero Motors plans to raise ₹1,200 crore through a combination of fresh issue and OFS. The IPO, with a face value of ₹10 per equity share, will allocate 50% of the issue to qualified institutional buyers (QIBs), 15% to non-institutional…
JSW Infrastructure has signed a 30-year concession agreement with Syama Prasad Mookerjee Port Authority, Kolkata, to reconstruct and mechanise berths 7 and 8 at Netaji Subhash Dock under the PPP model. Shares of the company ended lower on Monday (September…
Zydus Lifesciences’ subsidiary ZyVet Animal Health has launched FDA-approved generics for urinary incontinence (phenylpropanolamine hydrochloride) and heart failure management (furosemide) in pets. Shares of Zydus Lifesciences Ltd ended lower on Monday (September 15) by 0.84 % at ₹1,036 on the…
Canara HSBC Life Insurance, a Canara Bank subsidiary, has received SEBI approval to file its updated DRHP, moving ahead with its IPO.
Nifty is expected to remain in consolidation mode, tracking cues from the US Federal Reserve’s policy outcome. The Fed’s two-day policy meeting begins on September 16, with global markets widely anticipating a 25-basis-point rate cut amid weak employment data and…
Asahi India Glass has launched a qualified institutional placement, setting the floor price at ₹844.79 per share. The issue price will be finalised in consultation with lead managers.