IPO approval to 8 firms including defense company SMPP, Brigade Hotel

IPO approval to 8 firms including defense company SMPP, Brigade Hotel

Eight firms, including the defense equipment manufacturer SMPP, Brigade Hotel and PVC Blend -based construction materials, Kumar Arch Tech, have been jointly approved by SEBI to raise more than Rs 6,500 crore through the initial public issue (IPO) through the initial public issue (IPO). . Other companies that SEBI have approved to introduce IPOs include … Read more

DII close to FPI in companies’ stake case

DII close to FPI in companies' stake case

The investment distance between foreign portfolio investors (FPIs) and domestic institutional investors (DIIs) in terms of companies’ stake is very low. At the end of December 2024, the difference in ownership control of these two decreased to 33 base points. This is the lowest difference between the two after 2009. People who monitor the market … Read more

Information will be shared to the private sector

Information will be shared to the private sector

The government can share data and information based on questions raised by the private sector instead of giving access to the speed power national master plan. Amardeep Singh Bhatia, Secretary, Department of Industry Promotion and Internal Trade (DPIIT), said that DPIIT will soon implement data sharing criteria of speed power national masterplan with the private … Read more

New schemes will come for small exporters, government in complete prepared; Know details

New schemes will come for small exporters, government in complete prepared; Know details

The government is especially creating new schemes to help small exporters to provide them loans without any bars. This will help them meet the needs of non-fee measures applicable in developed countries. It will be considered, among other things, promoting the vacant means of finance through cross -border factoring support and providing assistance for risky … Read more

Half our companies will be listed in 5 years

'Half our companies will be listed in 5 years'

Michael Mo, the founder partner and Chief Affairs Officer of GSV Ventures, hopes that the firm’s portfolio companies in India will be listed in the stock market in the next five years. GSV Ventures has invested in Indian Edtech companies such as physics, emeritus, admitcard, apna, brightchamps. In a conversation with Udisha Srivastava, he expressed … Read more

Companies are turning to mutual funds to raise the amount of acquisition deals

Companies are turning to mutual funds to raise the amount of acquisition deals

Companies are faster towards mutual funds with the aim of raising money for their merger-acquired deal as banks have to face all the restrictions in lending for such deals. According to market participants, mutual funds have helped in providing funds for all deals such as Mainkind Pharma acquisition of Bharat Serums and Vaccines, acquisition of … Read more

23% decline in benefits of Asian Paints, 49% increase in profits of Infibeim Avenuse

23% decline in benefits of Asian Paints, 49% increase in profits of Infibeim Avenuse

The net profit of Asian Paints has declined by 23.3 percent during the quarter ended December. The profit of the country’s largest paint manufacturer company declined to Rs 1,110 crore. However, its decorative paint business (India) volume increased by 1.6 percent. The company said in its release that its net sales were Rs 8,522 crore … Read more