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Netherlands-based firm Prosus sees IPO upside in India as portfolio matures

With $6.5 billion in Indian assets, the Dutch firm eyes near-term returns from listings, including Urban Company and BlueStone, amid sustained tech investment

HDB Financial Services raises ₹3,369 crore through anchor allotment

The prominent institutional investors who participated in the anchor allotment included Life Insurance Corporation, ICICI Prudential Mutual Fund, Nippon Life, and Goldman Sachs Funds, among others

India praises US, Qatar role in Iran-Israel truce, urges stability

India says there is no alternative to diplomacy to resolve conflicts and expresses readiness to support peace efforts following Iran-Israel ceasefire reports

HCLTech, AMD launch innovation labs, training to fast-track enterprise AI

HCLTech and AMD partner to build innovation labs and enterprise training modules that combine AMD chips with HCLTech's expertise in digital transformation and AI

Jeffrey Mark Overly appointed new chairman of auto parts maker Sona Comstar

Overly, an independent director since 2021, brings over four decades of global manufacturing experience to the role following the passing of former chairman Sunjay Kapur

Motilal Oswal Alternates exits all investments from its second realty fund

MO Alternates has exited all 14 investments in its Rs 489 crore IREF II real estate fund, delivering 18.3% IRR despite regulatory and market disruptions

Jaishankar calls India's trade pacts with mature markets 'space to watch'

Jaishankar says India is now focusing on FTAs with mature, rule-bound markets like the UK, EU, and US, moving away from Southeast Asia to ensure balanced, transparent trade partnerships

Arisinfra Solutions subscribed 2.6x; Sambhv Steel prices IPO at ₹77-₹82

Sambhv Steel IPO is a mix of fresh issue of equity shares valued at ₹440 crore and an offer for sale of shares worth ₹100 crore by promoters

TCS expands SDV capabilities with new centres in Germany and Romania

TCS launches automotive delivery centres in Munich and Villingen-Schwenningen and an engineering hub in Romania to support global shift to software-defined vehicles

Rift in Sun family: Dayanidhi sends legal notice to brother Kalanithi

Dayanidhi Maran accuses brother Kalanithi of fraud and demands reversal of shareholding changes in Sun TV Network dating back to 2003

Listed REITs can expand as 47% of office stock is over 10 yrs old: Anarock

Anarock and Colliers reports show only 117.2 million sq. ft. under listed REITs in India with ageing Grade A stock and micro-market concentration offering growth opportunities

Tata to create a new trust to help Air India crash victims: Chandrasekaran

"We are looking at the option to set up an AI171 trust to help the families," Chandrasekaran, who first heard about the crash in his Mumbai office, said

India launches Operation Sindhu to evacuate its citizens from Iran

As part of Operation Sindhu, 110 Indian students were evacuated from northern Iran to Armenia and flown to Delhi; the government continues efforts amid West Asia tensions

IndusInd Bank gains 5% as Nomura upgrades the stock to 'Buy' category

Nomura upgrades IndusInd Bank to 'Buy' citing governance reset, RBI comfort and expected leadership change; sees 1.1x FY27 book value, targets ₹1,050

Banks' supervisory data quality index improved in March 2025, says RBI

RBI reports sDQI for scheduled commercial banks improved to 89.3 in March 2025; small finance banks scored above 90, reflecting higher data accuracy and compliance

OpenAI brings image generation feature for all through ChatGPT on WhatsApp

The free image generation tool from ChatGPT is now available on WhatsApp in all regions where ChatGPT is supported, building on previous AI and memory features

Oswal Pumps IPO subscribed 34 times; QIBs bid 88 times the quota

The ₹1,387-crore IPO saw strong interest from institutional and HNI investors, with proceeds earmarked for expansion, subsidiary investment, and debt repayment

Bata Group names Panos Mytaros global CEO, replacing Sandeep Kataria

Mytaros, former ECCO CEO, to join Bata on 15 September as global chief executive, as Sandeep Kataria steps down after leading the firm through a key transition

Meesho gets NCLT approval to relocate to India, clearing path for IPO

E-commerce company to combine its US unit with its Indian business in a move that may cost $288 million in taxes; part of a growing trend of startups moving back to India before going public

Myntra's End of Reason Sale sees 2X order spike, led by non-metros

Myntra sees order volumes double in EORS 22, with Gen Z, beauty, wearables and shoppers from Tier 2 and 3 cities driving record demand and high regional traction