Exclusive – iD Fresh Food: Premji Invest looks to pare stake ahead of IPO

iD Fresh Food is in advanced talks to raise ₹500 crore via a secondary share sale, offering an exit to early investors like Premji Invest ahead of its planned FY27 IPO.

iD Fresh Food is in advanced talks to raise ₹500 crore via a secondary share sale, offering an exit to early investors like Premji Invest ahead of its planned FY27 IPO.

According to the draft of electric vehicle (EV) policy 2.0, no CNG autorickshaw registration will be allowed from August 15 this year. The CNG auto permits will not be renewed from August 15, 2025, and all such permits will be…

BlackRock also said that they were increasing allocation to short-term US Treasuries that could benefit in a flight to haven assets.

The IPO, with a face value of ₹2 per equity share, combines a fresh issue of up to ₹885 crore and an offer of sale of up to ₹565 crore by Corporate and Individual Selling Shareholders.

NBCC shares gained 4.6% after bagging ₹120.9 crore in new work orders and signing an MoU with RailTel to jointly develop data centre projects in India and overseas.

Shares of Arkade Developers jumped over 6% after the firm secured cluster redevelopment rights in Borivali, Mumbai, with an estimated gross development value of ₹865 crore.

At the end of the December quarter, the government had an 84.8% stake in Mazagon Dock, and a potential sale of the full 4.8% would mean that they would still be having an 80% stake, which will be higher than…

The public offer comprises a fresh issue of equity shares worth ₹900 crore and an offer for sale by existing shareholders of ₹1,100 crore.

The offering, rolled out by Jio Financial Services’ NBFC arm Jio Finance Limited, allows customers to avail of loans up to ₹1 crore against their existing investments in shares and mutual funds—within just 10 minutes and entirely online.

Gautam Duggad of Motilal Oswal Services flagged direct risks to sectors like autos, chemicals, and pharma from the trade war, but expects second-order effects to spill into other areas as well.