2025 could be a record year for IPOs in India, says Bank of America

In the next 12-18 months, the market may see an IPO pipeline exceeding $25 billion, says Debasish Purohit, Co-Head of India Investment Banking at Bank of America.

In the next 12-18 months, the market may see an IPO pipeline exceeding $25 billion, says Debasish Purohit, Co-Head of India Investment Banking at Bank of America.

The complete exit from HDFC Bank highlights a strategic shift by Quant Mutual Fund. This move aligns with the fund’s approach to actively manage and adjust its portfolio to maximise returns and mitigate risk.

Collaborating with Infosys will allow Metro Bank to enhance its digital capabilities, improve automation, refine data, and embed further AI capabilities.

EasyMyTrip Share Price | Last month, the company’s co-founder Prashant Pitti told CNBC-TV18 that the company plans to keep prioritising profit growth, with a stronger focus on expanding into non-air travel services and international markets.

As many as 55 lakh shares or 1.3% of the overall equity changed hands in the block deal, according to data available on the exchanges.

The shift is evident from the nearly four-fold increase in inflows into largecap funds in August.

The outstanding order book for the company now stands at ₹3,979 crore with total order inflow for fiscal 2025 of ₹1,016 crore.

Bajaj Auto emerged as a top gainer in the Nifty following the launch of new Triumph variants. Hero MotoCorp hit a record high, climbing more than 3%.

Jupiter Wagons will increase this capacity through the construction of a new state-of-the-art production facility for forged wheelsets in Odisha.

In August this year when Zydus acquired a 50% stake in Sterling Biotech Ltd (SBL), the company negotiated for the right to acquire the ‘Target Business’ of SBL at a pre-defined value.