Page 35 - Bs Reporter

Groww IPO subscribed 17.6x on strong demand from institutional investors

The Rs 6,632-crore IPO of digital investment platform Groww drew bids worth Rs 64,000 crore, with robust participation from institutional and retail investors

Piramal Finance hits ₹30,000 cr market cap on debut after PEL merger

Shares of Piramal Finance, which debuted on BSE after its merger with PEL, hit the upper circuit at Rs 1,333.45, valuing the NBFC at over Rs 30,000 crore

Weak IPO listings by Studds and Orkla cast a shadow on market euphoria

Consecutive weak listings by Studds Accessories and Orkla India have dimmed India's IPO frenzy, even as analysts flag valuation concerns and a cooling in grey market sentiment

ReNew secures $331 mn funding from ADB for Andhra renewable energy project

ReNew had, in April 2025, announced a $2.5 billion investment to develop a 2.8 GW hybrid renewable energy complex in Andhra Pradesh - one of India's largest projects at a single location

BirlaNu acquires Clean Coats for ₹120 crore to strengthen portfolio

Move part of strengthening portfolio amid Rs 1300 crore growth outlay

Nasscom says govt's AI guidelines support coordination rather than control

It also proposed enabling a single reporting interface that routes across privacy, cybersecurity, and safety mechanisms, developing clearer conformance pathways for voluntary commitments

CCI approves proposed merger between InsuranceDekho and RenewBuy

The Competition Commission of India has approved the merger of InsuranceDekho and RenewBuy, marking a major consolidation in India's digital insurance marketplace

Tata Capital Healthcare Fund II deploys 95% corpus, impacts 8.3 mn lives

Tata Capital Healthcare Fund II has deployed nearly all of its $130 million corpus, benefiting 8.3 million people and driving job creation and gender diversity across India's healthcare ecosystem

MSCI adds four Indian stocks to flagship index including Paytm, Fortis

MSCI will include Paytm, Fortis Healthcare, GE Vernova T&D India, and Siemens Energy India in its Global Standard Index, triggering over $1.4 billion in passive inflows

P&G Hygiene and Health Care net profit marginally down in Q2 FY26

The FMCG firm reported a 1% drop in net profit to Rs 209.86 crore for Q2 FY26, even as revenue rose 1.32% year-on-year to Rs 1,150.17 crore amid a dynamic market environment

After ₹100 trillion biz, SBI enters $100 billion market capitalisation club

Entering top 10 global banks by m-cap by 2030 next aim, says Chairman Setty

President Murmu visit to Angola to strengthen energy cooperation: MEA

President Droupadi Murmu's six-day tour of Angola and Botswana will focus on energy ties, agriculture collaboration, and deepening India's strategic engagement across Africa

PM Narendra Modi to launch four Vande Bharat Express trains on Saturday

The new Vande Bharat trains will connect Banaras-Khajuraho, Lucknow-Saharanpur, Firozpur-Delhi, and Ernakulam-Bengaluru, cutting travel time and boosting regional connectivity

What are the best health insurance plans for working women in cities?

Here are the best premiums for health insurance policies that are especially tailored for young women working in urban centres

Ajmera Realty to launch projects worth ₹12,000 cr in Mumbai's Wadala

Ajmera Realty plans Rs 12,000 crore project launches in Wadala, including luxury homes and office spaces, as the developer bets big on Mumbai's premium real estate market

Overcapacity in solar manufacturing to impact firms' profitability: ICRA

India's solar module capacity is set to reach 165 GW by March 2027, creating overcapacity that could pressure smaller players' margins, ICRA said in a new report

PhysicsWallah IPO to open Nov 11; SBICAPS names Bhuvaneshwari as MD & CEO

PhysicsWallah's Rs 3,480-crore IPO opens Nov 11, while SBICAP Securities appoints veteran banker Bhuvaneshwari A as managing director and CEO to lead its digital growth strategy

Rakshit Hargave named CEO and executive director of Britannia Industries

Former Birla Opus CEO Rakshit Hargave to take charge of Britannia Industries from December 15, bringing decades of global consumer sector experience

Shriram General Insurance eyes four-fold growth in GWP to ₹10k cr by 2030

The insurer plans to quadruple its premium base by 2030 as it expands its advisor network and motor portfolio while maintaining strong profitability and solvency

P&G Health Q2 results: Profit rises 8% to Rs 89 crore, sales up 3%

The healthcare arm of Procter & Gamble reports steady second-quarter growth driven by brand strength, new product launches, and supply chain gains