ED Freezes Rs 30 Cr SAGA Group Ponzi Scam Assets
Enforcement Directorate freezes Rs 30 crore in SAGA Group Ponzi scam assets, including shares and securities, intensifying its probe into financial fraud in India.
Shiprocket IPO Oversubscribed 99x, Eyes 34% Listing Gain
Shiprocket’s ₹1,617 crore IPO saw a massive 99.38x oversubscription. Grey market premium suggests a potential 34% listing gain from its ₹97 issue price.
BSE & PHDCCI Partner for MSME Equity Growth
BSE and PHDCCI forge strategic alliance to boost capital market access and equity financing for India’s MSMEs, enhancing growth opportunities.
NSE IPO Targets Record ₹5.26 Lakh Crore Valuation
National Stock Exchange eyes a record-breaking IPO valuation of up to ₹5.26 lakh crore, potentially India’s largest ever. Shares priced at ₹2,000-₹2,100.
Sigma & Indrajaal Win Rs 155 Cr Anti-Drone Orders
Sigma Advanced Systems and Indrajaal secure Rs 155 Cr in orders for their Indrajaal Ranger mobile anti-drone vehicle from the Indian government, enhancing national security.
India Exposition Mart Files IPO: Rs 75 Lakh Shares for Fresh Issue
India Exposition Mart Ltd files IPO papers with Sebi, planning a fresh issue of 75 lakh equity shares and an OFS to fund infrastructure upgrades.
Abakkus MF Hits ₹10,000 Cr AUM in Record 8 Months
Abakkus Mutual Fund achieves ₹10,000 crore AUM in under 8 months, becoming one of India’s fastest-growing AMCs. Discover their rapid success.
Piramal Pharma Acquires Majority Stake in Yapan Bio
Piramal Pharma strengthens its position by acquiring a majority stake in Yapan Bio, making it a subsidiary and enhancing its large molecule capabilities.
India Boosts Defense: Rs 52,000 Cr Drone Orders Fuel Stocks
India’s defense modernization accelerates with Rs 52,000 crore in drone and counter-drone system orders, significantly impacting listed defense companies like NIBE, Zen Technologies, ideaForge, and Data Patterns.
Mahindra Targets ₹12,500 Cr Business, Aims for 12% Truck Market Share by FY31
SML Mahindra aims for a ₹12,500 crore business by FY31, targeting a doubled truck market share of 12% through strategic investments in new products and technology.
MCX Invests ₹200 Cr in New Coal & Mineral Trading Platforms
MCX commits ₹200 crore to launch dedicated coal and mineral trading platforms, boosting transparency and price discovery in India’s commodity markets. SEBI approval secured.
Molbio Diagnostics IPO: ₹980 Debut, ₹940 Cr Raised for Global Growth
Molbio Diagnostics lists at ₹980 (21% premium), raising ₹940 crore via IPO to fund R&D and global expansion, targeting US markets.
Inox Clean Energy Acquires Vena Energy India for ₹6,000 Cr
Inox Clean Energy finalizes ₹6,000 Cr acquisition of Vena Energy India from GIP, significantly expanding its renewable energy portfolio with 1 GW operational capacity and advanced projects.
Bajaj Finance Raises ₹498 Cr via NCDs at 7.79% Interest
Bajaj Finance approves allotment of secured NCDs worth ₹498.22 crore at 7.79% interest, reinforcing its financial strength alongside robust Q1FY27 profits.
Ceigall India JV Wins ₹2,150 Cr Arunachal Pradesh Road Contracts
Ceigall India JV secures four major road projects worth ₹2,150 crore in Arunachal Pradesh from MoRTH, boosting regional infrastructure development.
Anthropic IPO Buzz: $200B Revenue Target Sparks $2T Valuation
AI leader Anthropic projects $200B revenue by 2028, fueling $2T valuation speculation ahead of its highly anticipated IPO. Rapid growth and profit targets revealed.
Milky Mist IPO Soars 30% on Debut, Valuation Hits S$1.9B
Temasek-backed Milky Mist Dairy Food’s shares surged 30% on its Indian debut, reaching a S$1.9 billion valuation after a successful US$163 million IPO.
Sunshine Pictures IPO Fully Subscribed in 2 Hours
Sunshine Pictures Ltd’s IPO fully subscribed within 2 hours on Aug 18, 2026, despite mixed analyst views. Retail investors showed strong demand.
Top 14 Midcap Stocks to Watch: August 2026 Growth Picks
Discover 14 promising Nifty Midcap 100 stocks for August 2026. Samco’s analysis reveals growth potential, risks, and investment strategies for these dynamic companies.
Piramal Pharma Boosts Stake in Yapan Bio, Shares Climb
Piramal Pharma Ltd. shares rose 2.65% after acquiring a 40.67% stake in Yapan Bio for Rs 76 crore, making it a subsidiary.
India Inc. Q1 Profits Soar 23.7% (Excluding BFSI & Crude)
India Inc. reports a strong Q1FY27 with profits up 23.7% (ex-BFSI, crude) and sales up 17.5%, driven by strategic price hikes and demand resilience.
Spider-Man: Brand New Day Nears ₹500 Cr in India, Tops $2B Globally
Spider-Man: Brand New Day achieves a massive milestone, crossing $2 billion globally and nearing ₹500 crore net in India. Explore its impressive box office performance.
Gaja IPO: Potential 4.38% Listing Gain on August 26
Gaja Alternative Asset Management’s IPO opens Aug 19. Grey Market Premium suggests a 4.38% listing gain, with an estimated listing price of Rs 167.
Biocon’s Yesintek Autoinjector Gets FDA Approval
Biocon achieves a major milestone with U.S. FDA approval for its Yesintek® (ustekinumab-kfce) single-dose prefilled autoinjector, enhancing patient convenience.
Veefin Solutions & NSIA Group Partner for West Africa Fintech Growth
Veefin Solutions partners with NSIA Group to expand Supply Chain Finance across 5 West African banks, enhancing digital working capital access for SMEs.
NSE IPO: India’s Record $55 Billion Stock Exchange Listing
National Stock Exchange of India eyes a record $55B IPO, aiming to raise ₹315B. Delayed to late September, it targets major global investors.
ICICI Bank Surpasses HDFC Bank as Top MF Holding
ICICI Bank overtakes HDFC Bank in July 2026, ending its three-year dominance as the most valued stock in mutual fund portfolios. Explore the market shift.
Ipca Labs: Nomura Hikes Target to ₹2,060 on Strong Q1FY27
Nomura raises Ipca Laboratories’ target price to ₹2,060, maintaining a ‘Buy’ rating after impressive Q1FY27 results with 21% revenue growth and 72% net profit surge.
SEMICON India 2026: 240+ Chip Companies to Converge in Delhi
India hosts SEMICON India 2026, drawing 240+ global chip firms and PM Modi. Explore India’s semiconductor progress and future manufacturing under ISM 1.0.
Manappuram Finance Raises ₹850 Cr via Private NCD Placement
Manappuram Finance successfully raised ₹850 crore through a private placement of rated, unsecured NCDs, set for BSE listing. Details on Series A & B NCDs.