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Peak XV Partners, other PE funds sell 7.94% in Mamaearth for Rs 1,276 cr

PN Gadgil Jewellers' IPO saw nearly 60 times more bids than shares on offer and attracted bids of more than Rs 48,100 crore

IHCL strengthens presence in Tamil Nadu, adds two more hotels in Chennai

The 100-key Vivanta MWC will offer elegantly designed rooms and suites, an all-day diner and a specialty restaurant featuring a bar

Sebi chair Madhabi Puri Buch skips public address amid Congress allegations

However, Buch did not attend. Instead, Pramod Rao, executive director of Sebi, delivered a speech focusing on green financing and the debt market

Softbank-backed InMobi raises $100 mn via debt financing agreement

The funds will be used to propel InMobi's artificial intelligence (AI) development and deployment efforts forward and fund potential AI-focused acquisitions

BPCL's joint venture with IOC wins production concession in Abu Dhabi

BPCL added that during the exploration phase, the company invested nearly $164 million

FlexiLoans secures Rs 290 crore from global, domestic investors

The firm is targeting to disburse around Rs 5,000 crore in loans in FY25

PM Modi stresses removing hurdles in India's research and innovation

Emphasising the need to set big targets, PM Modi said that research should focus on finding new solutions to existing problems

Tata Power arm starts commercial production at 2GW Tirunelveli unit

The facility is equipped with advanced TOPCon and Mono PERC technology, enabling high-efficiency production of solar cells and modules

Tata Digital's FY24 losses narrow to Rs 1,200 crore, revenue doubles

The company also reported its gross merchandise value (GMV) at Rs 37,355 crore. There are 20.76 million transacting customers this year

Byju's hits back, says BDO's lack of communication with IRP suspicious

Byju's statement further added that they had 'multiple call recordings', where BDO representatives explicitly suggested backdating these documents, which Byju's refused to do

Baazar Style Retail makes market debut; Quant MF joins Rs 1 trn AUM club

Quant Mutual Fund (MF) on Friday announced that its assets under management (AUM) has crossed the Rs 1 trillion mark

Bajaj Housing Finance raises Rs 1,757 crore from anchor investors

At the upper end of this price band, Bajaj Housing is valued at a price-to-book ratio of 3.2 times on a post-money basis

TN govt signs investment deals worth Rs 850 crore with 3 US companies

These initiatives are helping Tamil Nadu progress rapidly in industrial production while keeping pace with fast-growing global technology advancements

Madhya Pradesh bags 'top achiever' status in DPIIT business reforms

The Business Reforms Action Plan (BRAP) assesses the business reforms undertaken by Indian states and union territories (UTs) to facilitate businesses and citizens

Rupee second-worst performing Asian currency against US dollar in Aug

Indian currency has depreciated by 0.6 per cent in this financial year

GIC RE gets bids worth Rs 2,300 cr; demand only half of total issue size

Shares of GIC Re, the country's largest reinsurance company, have rallied over 75 per cent in the past one year. The company is currently valued at Rs 69,825 crore

Shareholder value creation at heart of demerger plan: Gautam Singhania

Singhania said the company's investments in capacity expansion a couple of years ago, which are now coming online, are helping it capitalise on opportunities arising from the challenges in Bangladesh

Premier Energies gains 86% on trading debut; Nifty gains for a 14th day

The benchmark Nifty's winning run continued, with the 50-share index managing to eke out just a 1.15-point gain on Tuesday to end at 25,280

BigEndian Semiconductors raises $3 mn in funding led by Vertex Ventures

India's semiconductor sector, despite being home to 20-25 per cent of the global design talent, has historically lacked a significant presence in the global market