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Student recruitment solution provider Crizac is gearing up to raise ₹1,000 crore through an initial public offering (IPO). The Kolkata-based company refiled its draft red herring prospectus (DRHP) with the Securities and Exchange Board of India (SE
The Securities and Exchange Board of India (SEBI) has issued a cease-and-desist order against four unregistered online platforms. The unregistered online platforms (UOPs) involved are AI Growth Pvt Ltd, the owner of altGraaf; Texterity Pvt Ltd, the o
The IPO market, once a hub of excitement and sky-high demand, is losing its spark. Take November, for instance—big names like Afcons Infrastructure (2.6x), Sagility India (3.2x), Swiggy (3.6x), ACME Solar Holdings (2.8x), and Niva Bupa Health Insur
On November 19, insurance stocks in India witnessed a significant downturn following Finance Minister Nirmala Sitharaman’s comments urging banks to focus on core banking activities and avoid excessive selling of insurance products. The remarks, mad
Online travel company MakeMyTrip has announced its plan to acquire Happay, an expense management platform, from the fintech giant CRED. The deal will see MakeMyTrip enhance its corporate travel and expense management offerings, with an aim to solidif
According to provisional data from the NSE, domestic institutional investors (DIIs) made net purchases of ₹2,331 crore worth of shares on November 18. On the flip side, foreign institutional investors (FIIs) sold shares, recording a net outflow of
Rajputana Biodiesel Limited, a growing player in India’s biofuel industry, is launching its Initial Public Offering (IPO) to raise ₹24.70 crores through a fresh issue of 19 lakh shares. Rajputana Biodiesel IPO aims to support the company’s capi
The government is on track to surpass its direct tax collection target of ₹22.07 lakh crore for FY25, according to Central Board of Direct Taxes (CBDT) Chairman Ravi Agarwal. He announced this during the inauguration of the Taxpayers’ Lounge at t
Finance Minister Nirmala Sitharaman didn’t hold back on Monday when she called out the “stressful” interest rates we’re currently seeing. Speaking at an event hosted by the State Bank of India (SBI), she urged banks to consider making loans m
Godavari Biorefineries' shares dropped 4.42 to ₹293.80 after the company reported a consolidated net loss of ₹74.99 crore in Q2 FY25, compared to a net loss of ₹65.14 crore in Q2 FY24. The company's revenue from operations fell by 33.73 year-
Waaree Energies has announced its financial results for the quarter ended on September 30, 2024. The company reported a 14.7 rise in net profit to ₹361.6 crore, compared to ₹315 crore in the same period last year. Revenue increased slightly by 1
Medplus Health Services kicked off its stock market journey with a bang, rising 3 to ₹726. About 7 of the company’s shares—78.9 lakh in total, worth ₹552 crore—changed hands in a block deal at an average price of ₹700 per share. By 1
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