Page 38 - Bs Reporter

Pine Labs gains 14% on debut after ₹3,900-crore IPO despite weak demand

Fintech firm Pine Labs made a strong market debut with a 14 per cent rise over its issue price, even as subscription levels were modest

Religare's board inducts three Burman family members, Jimeet Modi

Religare Enterprises has approved the induction of three Burman family members and Samco Group founder Jimeet Modi to its board, marking a key step in the company's leadership transition

Modi to review Mumbai-Ahmedabad bullet train progress on Saturday

PM Modi will inspect the under-construction Surat station and review progress on the 508-km Mumbai-Ahmedabad high-speed rail project, with major civil works & Surat-Bilimora section nearing completion

Adani Group plans to invest ₹63,000 crore in energy projects in Assam

Adani Power Ltd (APL) would invest around Rs 48,000 crore to set up a greenfield power plant while Adani Green Energy Ltd (AGEL) would put in approximately Rs 15,000 crore for the two PSPs

Kotak Mahindra Bank to split stock after 15 years; board meet on Nov 21

The last time the private-sector lender undertook a stock split was in September 2010

Dharmendra Pradhan launches incubation centre to boost AI in schools

Technologies to be available in the centre include Google Cloud's unified AI platforms like Vertex AI and Gemini Enterprise

Banking system credit grows 11.3% in October 31 fortnight: RBI data

According to the data, banking system credit stood at Rs 193.9 trillion, while deposits stood at Rs 241.7 trillion during this period

Foreign investment in India's life insurance sector stands at 29%

The Irdai chairman has noted that the industry requires significantly more capital and that foreign investment alone cannot meet these needs

SBI aiming to modernise its core banking infrastructure in next 2 years

India's largest lender is overhauling its IT backbone for agility, scale, and AI-led efficiency

Infomerics settles case with Sebi; NSE investor accounts cross 240 mn

The National Stock Exchange (NSE) has crossed 240 million unique investor accounts in November, just a year after breaching the 200-million mark

Ericsson sets up new R&D unit in Bengaluru to develop 5G RAN software

Ericsson has opened a new RAN software R&D unit in Bengaluru - the first in India to develop 5G RAN software - strengthening the firm's local engineering base

PhysicsWallah IPO subscribed 1.8 times on final day of the issue

PhysicsWallah's Rs 3,480 crore IPO closed with 1.8x subscription, boosted by strong institutional and employee interest as the edtech platform expands its online, offline, and hybrid learning network

Hero Future Energies inks ₹30K cr MoU with Andhra for 4 GW renewables

Hero Future Energies will invest ₹30,000 crore to develop 4 GW of renewable capacity in Andhra Pradesh, with state support for clearances and phased project execution across three districts

Sebi proposes IPO rule tweaks with lock-in fix, simpler disclosure format

Sebi has proposed amendments to tackle lock-in issues for pledged pre-IPO shares and replace the abridged prospectus with simpler offer document summary to help retail investors make informed decision

9 in 10 Indian SMBs investing in or planning AI adoption: LinkedIn study

A new LinkedIn study shows AI has shifted from experiment to essential for SMBs, with businesses across metros and smaller cities using automation, analytics, and skills-first hiring to fuel growth

What are the best FD rates available for senior citizens from lenders?

Senior citizens typically get a marginally higher rate of interest for fixed deposits, which are a low-risk, but lower-return, investment vehicle

DWS Group to acquire 40% stake in Nippon Life India's alternatives arm

The partnership will expand NIAIF's $1 bn alternatives platform, leveraging DWS's global network to attract offshore investors

NaBFID raises ₹4,120 cr from long-term bond sale at coupon rates of 6.86%

The infra lender mobilised funds through 5- and 15-year bonds, marking continued investor interest in long-term infrastructure financing instruments

Axis My India exit poll predicts tight NDA win in Bihar elections

Axis My India's exit poll projects a narrow National Democratic Alliance victory in Bihar, with the RJD as the single largest party and the NDA expected to cross the majority mark