ITC Infotech Acquires 22.1% of Happiest Minds for ₹1,330 Cr
ITC Infotech to acquire 22.1% of Happiest Minds for ₹1,330 Cr, paving the way for amalgamation. Deal details and merger structure outlined.
Expired Maggi, Lay’s Seized in Navi Mumbai Food Labelling Racket
Maharashtra FDA busts major food labelling racket in Navi Mumbai, seizing expired Maggi, Lay’s, and more worth over Rs 75 lakh. Consumers misled by tampered dates and info.
Norfund-Backed Green Energy Firm Raises Capital, IPO Lingers
A Norfund-backed green energy company secures fresh capital, adjusting strategy as its IPO plans remain on hold amid market volatility.
Paras Healthcare IPO: SEBI Nod for Rs 1,800 Cr Fundraise
Paras Healthcare secures SEBI approval for its Rs 1,800 crore IPO, comprising a fresh issue and OFS, to fund debt repayment and corporate needs.
Hanuman Ansh Box Office: Rs 41.19 Crore Net Collection
Spiritual drama ‘Hanuman Ansh’ defies slow start, achieving a remarkable Rs 41.19 crore net at the Indian box office through strong audience engagement.
IHCL Opens New Jim Corbett Resort, Expanding Uttarakhand Presence
Indian Hotels Company (IHCL) expands its Uttarakhand footprint with the launch of Corbett Hideaway, an IHCL SeleQtions resort in Jim Corbett National Park.
India’s IPO Market Surges: Record Listings & Fundraising
India’s primary market witnesses unprecedented growth with 999 IPOs raising over Rs 9.83 lakh crore since 2002, driven by record-breaking years in 2024 and 2025.
Axis Mutual Fund Launches Shagun SIP for Gold & Silver
Axis Mutual Fund introduces Shagun SIP, a digital feature to invest in gold and silver by grams, making precious metal accumulation easier and secure.
Coal India Eyes FY27 for SECL, MCL IPOs Amid Divestment Plans
Coal India Limited aims to launch IPOs for subsidiaries SECL and MCL by FY27, planning to divest up to 25% equity and raise significant capital.
Zomato Bans Analogue Dairy: New Zero-Tolerance Policy
Zomato enforces a zero-tolerance policy on analogue dairy, delisting non-compliant items to ensure food quality and transparency for consumers.
NIIF Raises ₹19,000 Cr for Second Infrastructure Fund
National Investment and Infrastructure Fund (NIIF) secures ₹19,000 crore for its second infrastructure fund, surpassing 60% of its target with strong global and domestic investor backing.
Rays of Belief IPO: Rs 125 Cr Raise Opens Sept 2026
Social enterprise Rays of Belief aims to raise Rs 125 crore via IPO starting September 1, 2026. Offering 52.3 lakh shares for neurodevelopmental disorder interventions.
GHCL Starts Vacuum Salt Production in Gujarat
GHCL launches food-grade Vacuum Salt production at its Gujarat plant, targeting domestic and international markets from August 31, 2026.
Tata AIA Funds Beat S&P BSE 200: Morningstar Ratings
Tata AIA Life Insurance funds consistently outperform S&P BSE 200 over 1 & 5 years. Over 96% of assets rated 4-5 stars by Morningstar.
Maruti Suzuki Invests ₹77,500 Cr by FY31 for Growth
Maruti Suzuki India announces a massive ₹77,500 crore capital expenditure plan by FY31, focusing on capacity expansion, new models, and sustainability.
Toxic Box Office Dips: Rs 2.19 Cr Net on Monday
‘Toxic: A Fairy Tale for Grown-Ups’ box office collection drops sharply to Rs 2.19 crore net on Monday, following a strong opening weekend. Cumulative collection reaches Rs 216.29 crore.
Park Medi World Forms SPV for Prayagraj Hospital Project
Park Medi World approves forming a wholly-owned subsidiary, Park Medicity Prayagraj Limited, to develop and operate a 550-bed multi-specialty hospital in Prayagraj.
LIC MF AMC Appoints Dhaval Sangoi, Revises Fund Management
LIC Mutual Fund AMC announces Dhaval Sangoi’s appointment and key fund manager revisions across schemes, effective August/September 2026. Details inside.
Karur Vysya Bank Opens 16 New Branches, Expanding Network to 919
Karur Vysya Bank inaugurates 16 new branches in South India & Delhi NCR, boosting its nationwide network to 919 locations. Enhancing customer accessibility.
Paras Healthcare IPO: SEBI Approves Rs 1,800 Crore Public Offering
Paras Healthcare receives SEBI approval for its Rs 1,800 crore IPO. Funds to be used for debt repayment and corporate purposes. Shares to list on BSE and NSE.
Karur Vysya Bank Shares Rise on 16 New Branch Expansion
Karur Vysya Bank’s stock gained 0.97% after opening 16 new branches, expanding its network to 919 across South India and Delhi NCR.
India’s Energy Paradox: Hydropower Falls, Coal Rises
India’s energy sector faces a paradox: declining hydropower and El Niño impacts force continued coal reliance despite renewable energy growth.
Tatva Chintan: Stable Promoter Control Amidst High Valuation
Tatva Chintan Pharma Chem retains strong promoter control (72.02%) as of June 2026. Shares trade at ₹1,630 with a P/E of 74.5, indicating a high valuation.
Zee Entertainment Shares Plunge 14% on Lender Repayment Challenge
Zee Entertainment stock drops 14.3% as Canara Bank, Union Bank, and LIC Housing Finance challenge NCLT-approved repayment plan for founder Subhash Chandra.
Kotak Flexi Debt Fund Halts New Investments: What It Means
Kotak Flexi Debt Fund Plan A-IDCW Daily is no longer accepting new investments. Discover the implications of this portfolio shift and what it means for investors.
Fly-Hi Maritime IPO: ₹52.63 Cr Launch on Sept 1
Fly-Hi Maritime Travels sets September 1, 2026, for its ₹52.63 Crore IPO on the BSE SME Platform, focusing on crew travel arrangements and global expansion.
Pernia’s Pop-Up Shop IPO: Rs 680 Cr Launch Amidst Concerns
Pernia’s Pop-Up Shop eyes a Rs 680 Cr IPO via Purple Style Labs. Religare Broking assigns ‘Neutral’ rating, citing profitability concerns. Learn more.
Jio IPO Gets Sebi Nod, Boosting Reliance Industries Stock
Reliance Industries shares rebound as Jio Platforms receives Sebi’s observation letter for its IPO, signaling positive market sentiment despite broader weakness.
Leela Palaces Shares Hit 52-Week High on Jefferies Coverage
Leela Palaces Hotels & Resorts shares surged to a 52-week high of ₹582.85 after Jefferies initiated coverage, projecting strong 19-20% EBITDA/PAT growth.
Parth Jindal Appointed JSW MG Motor India Chairman for EV Push
Parth Jindal named Chairman of JSW MG Motor India, accelerating the company’s electric vehicle expansion and commitment to sustainable mobility in India.