Shiprocket IPO opens Aug 12, GMP signals 27% listing gain
Shiprocket’s initial public offering opens for subscription on August 12 and closes on August 14. The book-build issue aims to raise Rs 1,617 crore, with a price band of Rs 92 to…
Business & Economy225- Page
Indian business, markets, economy, and finance news in brief: RBI, SEBI, corporate India, and the numbers that matter.
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Closing credit card with EMI does not erase repayment duty
Closing a credit card does not end your repayment obligations, experts say, even if the card has an outstanding EMI. The repayment continues until the full amount is cleared, subject to the…
Dhoot Transmission IPO subscribed 36% on day one
Dhoot Transmission's IPO was subscribed 0.61 times by 4:36 pm on day one, according to Livemint, though NSE data cited by The Hindu BusinessLine showed 0.36 times at 3:22 pm. Retail bids…
Sarla Aviation gets DGCA nod for electric air taxi production
Bengaluru-based Sarla Aviation has received Design Organisation Approval from the DGCA, a key step towards commercial production of its indigenous electric air taxi. Union Civil Aviation Minister K Rammohan Naidu handed over…
CLFMA to host symposium on animal agriculture in Mumbai in September
The Compound Livestock Feed Manufacturers Association (CLFMA) of India will hold its 59th Annual General Meeting and 67th National Symposium on September 11-12, 2026, at The Leela Mumbai. The two-day event, themed…
HDFC Bank cuts MCLR by 5 bps; EMI relief depends on loan type
HDFC Bank has reduced its MCLR by 5 basis points across six of seven loan tenures, effective August 7, 2026. The one-year MCLR fell from 8.45 per cent to 8.40 per cent,…
HDFC Life, HDFC Bank leaders debate insurance as asset
Times Now reports that HDFC Life has released a new episode of its Life Sessions series, featuring Vineet Arora from HDFC Bank and Lavneesh Gupta from HDFC Life. They discuss whether life…
Amara Raja Net Profit Up 16% to Rs 190.9 Cr in Q1
Amara Raja Energy & Mobility reported a 16 per cent year-on-year rise in consolidated net profit to Rs 190.9 crore for Q1 FY27, compared with Rs 164.8 crore a year ago. Revenue…
Sister’s piggy bank savings help brother start clothes shop in MP
Mohammad Sohail Ansari of Burhanpur, Madhya Pradesh, now earns Rs 3, 4 lakh a year from a clothes shop, five years after his sister gave him her piggy bank savings to start…
Bitcoin Holds Near $65,000 on Weak US Jobs Data
Bitcoin hovered around $65,000 (about Rs 62 lakh) this week after weaker-than-expected US employment data revived expectations of a Federal Reserve rate cut. Crypto analysts said thin trading volumes and cautious spot…
