Mangal Compusolution Limited, established in April 2011 and specializing in IT hardware rental solutions and services, made its market debut on Thursday, 21st November 2024, with its shares listing on the BSE SME platform. The company provides compre
ICL Fincorp is a non-deposit-taking, base-layer Non-Banking Financial Company (NBFC) specializing in gold loans, where money is lent against the pledge of household gold ornaments. The company operates primarily in Kerala, Tamil Nadu, Andhra Pradesh,
KLM Axiva Finvest Limited, established in 1997, is a non-deposit-taking systemically important NBFC (Middle Layer) primarily catering to low- and middle-income individuals and businesses. The company has announced the issuance of Secured Non-Converti
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
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