Mumbai, March 30 The net sales growth of select non-government, non-financial (NGNF) public limited companies edged up to 7.8 per cent during 2024-25 from 6.3 per cent in the previous year, the RBI said on Monday.The sales growth of the manufacturing and services sector increased to 6.3 per...
New Delhi, March 28 Rentomojo Ltd, an online platform for renting and subscribing to home furniture and appliances, has filed preliminary documents with the capital markets regulator, Sebi, to raise funds through an initial public offering (IPO).The proposed IPO involves the issuance of up to...
appliance market
corporate finance
debt repayment
direct-to-consumer (d2c)
financialperformance
furniture market
home appliance rental
home furniture rental
india
initial public offering
ipo
securities and exchange board of india (sebi)
subscriber growth
warehouse network
New Delhi, March 27 According to a Deloitte report, the median compensation for non-promoter or professional CEOs rose 5 per cent year-on-year to ₹10.5 crore in FY26.The survey further noted that the median CEO compensation of ₹10.5 crore represents the slowest growth since the COVID-19...
Mumbai, March 27 Ratings agency ICRA revised its outlook on the Indian aviation industry to negative from stable on Friday, citing disruptions in international airspace following the escalation of geopolitical tensions in West Asia.The revision in outlook is also due to a sharp depreciation of...
air passenger traffic
airfares
airlines
currency depreciation
dgca airfare caps
financialperformance
flight cancellations
fuel surcharges
geopolitical tensions
icra ratings
indian aviation industry
industry outlook
jet fuel prices
rupee depreciation
west asia
New Delhi, March 26 State-run BSNL will add another 50,000-60,000 mobile towers to build a robust network, and the company's operating profit is expected to grow in double digits in the current fiscal, Union telecom minister Jyotiraditya Scindia said on Thursday.Scindia said that BSNL has made...
4g network
5g technology
bharat sanchar nigam limited
bsnl
capital expenditure
ebitda
financialperformance
fiscal year 2025
india
mobile towers
network expansion
operating profit
subscriber growth
telecom industry
union minister
New Delhi, March 26 Bharat PET Ltd, a provider of integrated packaging solutions, has filed its draft papers with the markets regulator, Sebi, to raise ₹760 crore through an initial public offering (IPO).The proposed IPO includes a fresh issuance of equity shares worth up to ₹120 crore and an...
agrochemical industry
bharat pet ltd
book running lead managers
debt repayment
equity capital
equity shares
financialperformance
india
initial public offering
ipo
manufacturing facilities
market share
packaging solutions
pet bottles
profit after tax
revenue
New Delhi, March 25 A parliamentary panel on Wednesday recommended the Department of Space to take proactive and concerted steps to enhance resource mobilization by Antrix Corporation Limited and New Space India Limited (NSIL).In a report tabled in both Houses of Parliament, the...
antrix corporation limited
commercialization
department of space
financialperformance
government company
india
india space research organisation
launch services
marketing strategies
new space india limited (nsil)
parliamentary panel
revenue
satellite services
space economy
space industry
Chennai, March 25 Sundaram Home Finance aims to set up five branches under its emerging business segment in South Tamil Nadu, as it aims to generate Rs 200 crore in disbursements in the region next year.The Chennai-based company recently inaugurated two new branches in the emerging business...
ambasamudram
branch expansion
business segment
disbursements
emerging business
financialperformance
home finance
madurai
md d lakshminarayanan
sankaran koil
south tamil nadu
sundaram home finance
tamil nadu
tier 4 towns
tier 5 towns
Kolkata, March 24 – The BJP on Tuesday dismissed the claims made by the Trinamool Congress regarding the state of affairs of companies registered and active in West Bengal.Citing a figure presented by the Union Ministry of Corporate Affairs to the Rajya Sabha on the same day, Amit Malviya, the...
bengal business
bjp
companies
company deregistration
company liquidation
company registration
corporate affairs
financialperformance
industrial activity
political statements
tmc
union ministry of corporate affairs
west bengal
New Delhi, March 24 Temasek-backed hospital chain Manipal Health Enterprises has filed preliminary papers with the capital markets regulator, Sebi, to raise funds through an initial public offering (IPO), involving a fresh issuance of shares worth Rs 8,000 crore.Besides the fresh issuance...
capital markets
financialperformance
healthcare
hospital beds
hospitals
india
initial public offering (ipo)
investment
manipal health enterprises
net profit
patient volume
revenue
sebi
shares
temasek
New Delhi, March 23 – The government is not currently considering any proposals regarding the merger or consolidation of public sector banks (PSBs), according to Finance Minister Pankaj Chaudhary.Chaudhary stated in a written reply to the Lok Sabha that the amalgamation of PSBs has led to the...
bank amalgamation
consolidated business growth
ease reform agenda
easerise framework
excellence
financialperformance
foreign exchange intervention
india
indian banks association (iba)
innovation
public sector banks
reserve bank of india (rbi)
risk & resilience
rupee exchange rate
socio-economic impact
vikshit bharat 2047
New Delhi, March 22 Dredging Corporation of India aims to more than double its revenue to Rs 3,000 crore in the next five years, the company's MD & CEO, Capt S Divakar, said, adding that the company is looking to explore new markets and areas to achieve this goal.Dredging Corporation of India...
business strategy
company growth
corporate goals
dcil
dredging corporation of india
dredging operations
financialperformance
india
industry
inland waterways
maritime infrastructure
market expansion
revenue
revenue targets
visakhapatnam
New Delhi, March 20 Integrated power infrastructure EPC company, Polite Powertech Ltd, has filed its Draft Red Herring Prospectus (DRHP) with the market regulator, SEBI, to raise funds through an Initial Public Offering (IPO).The IPO comprises a fresh issue of 1 crore equity shares and an...
book-running lead managers
bse
draft red herring prospectus (drhp)
engineering procurement construction
epc
equity shares
financialperformance
initial public offering (ipo)
nse
polite powertech ltd
power infrastructure
renewable energy projects
revenue
sebi
working capital
New Delhi, March 19 Singer India, a leading player in the sewing machine industry, made its market debut on the NSE on Thursday.Shares of the company started trading at ₹74.75 on the NSE, and finally closed at ₹70.42.The company is already listed on BSE, and the additional listing...
capital markets
consumer appliances
financialperformance
india
make in india
manufacturing
nse listing
profitability
revenue growth
sewing machines
singer india
zig-zag sewing machines
Chandigarh, March 19 – Haryana’s urban transit system continues to experience strong growth, with Metro ridership registering a robust 13.55 per cent increase in 2025-26, reflecting rising commuter confidence and a clear shift towards public transport.The progress was reviewed in the 64th...
chandigarh
financialperformance
gurugram
haryana government
haryana mass rapid transport corporation
metro connectivity
metro ridership
metro transit
project execution
public transport
rapid metro
regional transit
revenue growth
station development
transit strategy
New Delhi, March 19 Basmati rice exporter Amir Chand Jagdish Kumar (Exports) Ltd has fixed a price band of Rs 201-212 per share for its upcoming Initial Public Offering (IPO), valuing the company at Rs 2,200 crore.In a public announcement on Thursday, the company said its Rs 440 crore maiden...
amir chand jagdish kumar (exports) ltd
basmati rice
equity shares
financialperformance
fmcg products
india
initial public offering (ipo)
investment
krbl ltd
lt foods
pre-ipo round
revenue
rice export
sarveshwar foods
securities and exchange board of india (sebi)
working capital
New Delhi, March 17 The Railways has saved ₹6,000 crore by switching from diesel to electric energy to operate trains, Railway Minister Ashwini Vaishnaw informed the Lok Sabha on Tuesday.Responding to a debate on the demands for grants of the Railway Ministry, he also said that the national...
cargo transport
diesel locomotives
electric locomotives
energy efficiency
financialperformance
government expenditure
government policy
india
indian railways
infrastructure investment
lok sabha
project implementation
public transport
railway budget
railway minister
transport infrastructure
New Delhi, March 17 Global cybersecurity major Kaspersky is set to significantly increase its investments in India, citing stronger-than-expected financial performance and plans to use the country as a hub for regional services, according to a senior company official.In an interview with
New Delhi, March 16 The Central Mine Planning and Design Institute (CMPDIL), a subsidiary of state-owned Coal India, announced on Monday that its initial public offering (IPO), worth Rs 1,842 crore, will open for subscription on March 20.The price band has been set at Rs 163 to Rs 172 per...
central mine planning and design institute
cmpdil
coal india
consultancy services
financialperformance
initial public offering
ipo
mine planning
mineral exploration
net profit
offer for sale
ofs
public issue
revenue
stock market
New Delhi, March 16 Gaming and esports firm NODWIN Gaming announced on Monday that it has officially launched a pre-IPO fundraising round and strengthened its leadership with the appointment of Arnd Benninghoff to its board of directors.The fundraising round will consist of a mix of primary...