Credent Connect N Care IPO opens, GMP signals strong listing
Credent Connect N Care IPO opened for subscription on 13 August, with a price band of Rs 179 to Rs 189 per share. The company aims to raise Rs 94 crore through…
Business & Economy186- Page
Indian business, markets, economy, and finance news in brief: RBI, SEBI, corporate India, and the numbers that matter.
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Active funds beat passive ones only in some categories, study shows
Active mutual funds beat their benchmarks in only 30-52% of rolling periods for large-cap, mid-cap and large & mid-cap categories, according to a study by Apurv Gupta of Otto Money. The analysis…
Rs 10,000 SIP likely to beat Rs 10 lakh FD in 15-year wealth race
A Rs 10,000 monthly systematic investment plan (SIP) could generate a far larger corpus than a Rs 10 lakh fixed deposit (FD) over 15 years, according to a projection by Livemint. Assuming…
Sunshine Pictures fixes Rs 360 cap for Rs 282 crore IPO on August 18
Mumbai-based film production company Sunshine Pictures will open its initial public offering on August 18, with a price band of Rs 342 to Rs 360 per share. The subscription window closes on…
Mirae Asset Venture closes first tranche of second India fund at Rs 1,125 crore
Mirae Asset Venture Investments (MAVI India), the Indian arm of South Korea's Mirae Asset Financial Group, has marked the first close of its latest fund, Mirae Asset Venture Opportunity Fund II (MAVOF…
3M India shifts from factory hub to global GCC with 400 staff
3M India is transforming from a local manufacturing base into a global innovation and capability centre, with its Bengaluru Global Capability Centre (GCC) now employing over 400 people, up from fewer than…
Minor fire at ONGC’s Kalol field extinguished, no injuries
A minor fire broke out on Wednesday morning at an ONGC installation in the Kalol field, Gujarat, according to the company. The fire was quickly extinguished by ONGC’s emergency response teams. No…
Tata Motors PV profit plunges 80% in Q1 on JLR weakness
Tata Motors Passenger Vehicles reported an 80% drop in consolidated net profit for the April-June quarter, hurt by weak performance at Jaguar Land Rover and rising commodity costs. The company's India passenger…
Supertails targets 100 dark stores, 100 clinics, Rs 1,000 crore revenue
Petcare platform Supertails plans to open 100-plus dark stores and an equal number of clinics across seven cities in three years, aiming to become a Rs 1,000 crore player. Co-founder Vineet Khanna…
Swiggy’s 99 Store now makes one in seven food orders
Swiggy’s budget segment, 99 Store, now accounts for one in every seven orders on the platform one year after its July 2025 launch. The outlet, offering curated meals at Rs 49, Rs…
