Punjab-based Behari Lal Engineering opens its Rs 301.62 crore IPO, blending growth prospects with sector cyclicality, as it aims to fund expansion and debt repayment amidst strong investor demand. Behari Lal Engineering has opened a ₹301.62 crore initial public offering…
V-Guard Industries reports a 76% year-on-year increase in net profit in Q1 FY27, driven by margin improvements and diversified growth, prompting analysts to maintain a buy rating and target price of ₹404 amid positive market response. V-Guard Industries has made…
Ambala-based Sham Foam Ltd has launched a Rs. 40.48 crore IPO on the BSE SME platform, targeting capacity expansion and financial strengthening as its recent earnings show significant improvement. Sham Foam Ltd has opened its initial public offering on the…
With assets nearing ₹82.22 lakh crore and a focus on sustainable growth, Invesco’s Saurabh Nanavati highlights the opportunities and obstacles that define India’s evolving mutual fund market, emphasising process-driven strategies and geographic expansion amid rising investor participation. India’s mutual fund…
Senco Gold posts its strongest revenue growth in years, but profits slip due to mounting costs, gold price swings, and margin erosion, highlighting the complex outlook for India’s jewellery sector. Senco Gold’s latest quarter showed a familiar market paradox: sales…
As Indian finance teams grapple with mounting pressure to refine TDS processes, automated systems are emerging as crucial tools to ensure timely deposits, accurate filings, and minimise costly errors, especially amid growing transaction volumes and data complexities. Finance teams in…
India announces a significant boost to its energy storage sector through a ₹5,400 crore Viability Gap Funding scheme, transmission relief, and relaxed approvals, aiming to accelerate renewable integration and grid stability. India has stepped up its push for energy storage…
Small steel producers in India have the potential to cut electricity bills by up to 34% and sharply reduce emissions by transitioning to renewable power, boosted by the country’s expanding clean-energy infrastructure. Smaller steelmakers in India could trim electricity bills…
Power Finance Corporation and REC Limited have approved a merger that will create India’s largest government-backed power financing platform, potentially transforming sector finance and operational efficiency, pending regulatory and shareholder approvals. Power Finance Corporation and REC Limited have cleared a…
Vodafone Idea is close to obtaining a crucial bank-backed funding package aimed at a ₹45,000 crore network overhaul, amidst cautious lender interest and strategic efforts to compete with Reliance Jio and Bharti Airtel. Vodafone Idea is edging closer to a…
