Bharti Telecom, the parent company of India’s second-largest telecom operator Bharti Airtel, has achieved a significant milestone by completing the country’s largest domestic bond issuance of FY26. The company successfully raised ₹10,500 crore through a two-tranche bond offering, marking a record-breaking achievement in India’s corporate debt market. The offering comprised two equal tranches of ₹5,250…
Tata Motors’ shares witnessed a sharp correction on Tuesday, opening at ₹400 apiece in a special pre-open session—about 39.5% lower (₹260.75 per share) than the previous day’s closing price. The decline isn’t a sell-off panic but a technical adjustment due to the company’s ongoing demerger process, which separates its commercial vehicle business into a new…
Waaree Renewable Technologies Limited (WRTL) has reported its highest ever quarterly revenue and profit after tax (PAT) for the quarter ended September 30, 2025 (Q2 FY26). The company’s revenue from operations reached Rs 774.78 crore in Q2 FY26, a growth of 47.73% year-on-year, while PAT surged by 117.40% to Rs 116.34 crore. For the half…
India’s primary market is set for a big comeback in July, with companies planning to raise $2.4 billion through IPOs, according to investment bankers. The surge comes after a strong $2 billion in funding raised in June, led mainly by the blockbuster listing of HDB Financial Services. If realized, July would be the strongest IPO…
The Government of India has kept interest rates on various small savings schemes unchanged for the second quarter of FY 2025-26, which covers the period from July 1 to September 30, 2025. This is the sixth consecutive quarter without any rate revision, according to a notification issued by the Ministry of Finance on Monday, June…
Despite a weak broader market on Monday, shares of RattanIndia Power Limited surged 7.80%, closing at ₹15.52 per share compared to the previous ₹14.40. The stock witnessed a trading volume spike of over three times the average, signaling renewed investor interest. This rally occurred even as benchmark indices ended in the red—Sensex fell 0.54% to…
How to Check Allotment Status 🔗You can check your HDB IPO allotment via BSE, NSE, or the registrar MUFG Intime (formerly Link Intime). Here are direct links and step-by-step instructions: 1. BSE1. Visit the Applications → IPO Allotment page2. Select Equity as the issue type3. Choose HDB Financial Services IPO4. Enter your Application Number or…
The Big StoryIndia’s economy narrowly avoided a major shock last week as geopolitical tensions flared in the Middle East. The Iran-Israel conflict threatened to disrupt global oil supplies and escalate military tensions. Instead, the episode became a catalyst for India to accelerate its defense sector ambitions. A ceasefire was reached on Wednesday between Iran and…
Ajay Shah, EY’s partner and head of Technology, Media, and Telecom (TMT) investment banking, has stepped down and is set to join a financial services platform promoted by veteran stock market investor Madhu Kela, according to multiple industry sources. “The move has been in the works for several months. Shah is expected to take on…
Gujarat-based Torrent Pharmaceuticals has resumed acquisition discussions with private equity firm KKR to buy its 47.84% stake in JB Chemicals & Pharmaceuticals (JB Pharma), according to sources familiar with the matter. A formal agreement is expected to be signed soon. Torrent had previously entered into extended negotiations with KKR last year, but the deal fell…
