The number of rights issues more than doubled and hit a 28-year high in 2025, even as qualified institutional placements (QIPs) shrank amid a broader market correction and the Securities and Exchange Board of India's (Sebi's) revised framework for rights issues.
Assam Chief Minister Himanta Biswa Sarma said on Saturday that lookout notices have been issued against North East India Festival organiser Shyamkanu Mahanta and Zubeen Garg's manager Siddharth Sharma in the singer's death case.
The surge has come alongside a decline in average issue sizes and more muted listing-day returns compared with last year.
The milestone crowns a record year for the domestic primary market where IPO mobilisation is set to cross Rs 1.7 trillion.
While gold continues to provide safety after its strong 2025 rally, well-chosen real estate investments held with a long-term view remain attractive.
Meanwhile, the Uttar Pradesh government has suspended Bareilly City Magistrate Alankar Agnihotri on charges of indiscipline after he resigned from service in protest against government policies.
India's initial public offering (IPO) market is rewriting the rules of sectoral dominance, with a diverse slate of companies entering the stock market arena.
More than a third of 83 mainboard IPOs this year ended their debut sessions in the red, with losses of up to 35 per cent.
An agitated mob attacked a convoy carrying the accused in cultural icon Zubeen Garg's death case in Assam, leading to violence, property damage, and internet shutdowns.
However, Tata Consultancy Services, Infosys, Tech Mahindra, UltraTech Cement, IndusInd Bank, Hindustan Unilever and ICICI Bank were the gainers.
Vijay, despite the loud message from his delayed arrival at the road-show/stampede venue, and more so his continued inaccessibility for fans-turned-cadres after graduating from a super-star to a political party leader with electoral ambitions, refuses to change. Or, so it seems, observes N Sathiya Moorthy.
If the TVK joins the NDA, there is every likelihood of the AIADMK winning an absolute majority in the 234 seat assembly and wanting to form a stand-alone government. In turn, it could mean that the BJP especially and the TVK equally so, will want to restrict the AIADMK's seat share closer to the cut-off figure, if only to ensure that EPS won't get the absolute majority that he desires (if the NDA won, that is) and will have to settle for a coalition government, observes N Sathiya Moorthy.
In response to a report in a section of media, Railway Minister P K Bansal on Tuesday clarified that Ajay Garg, an alleged middleman in the Rs 10 crore bribery case, has no connection with him.
With Rs 17,087 crore raised so far this calendar year, the total is already 2.4 times that of the full year of 2023, which stood at Rs 7,266 crore.
During the first eight months of CY24, 50 IPOs mobilised Rs 53,453 crore.
Most of the MLAs shared their resignation letters on social media and slammed the Aam Aadmi Party over corruption and other issues.
Khoj: Parchaiyon Ke Uss Paar is too pretentious a title for the far-fetched, lightweight thriller that follows, feels Deepa Gahlot.
It was not immediately clear when Garg submitted his voluntary retirement scheme application to the government. It was also not known if the government would accept the application. If he hadn't applied for VRS, he would have retired from government service at the end of October 2020 on attaining of 60 years of age. Garg did not answer phone calls seeking his comments.
Equity fundraising through qualified institutional placements (QIPs) has gained traction, thanks to supportive equity markets and the need for fresh fundraising to meet capital expenditure (capex) requirements.
More than half a dozen companies will hit the market with their initial public offerings (IPOs) between now and the end of next week. The cumulative amount raised from these IPOs is expected to be around Rs 8,000 crore. Stationery products firm DOMS Industries and home financier India Shelter Finance's IPOs - of Rs 1,200 crore each - got off to a flying start on Wednesday (December 13), with the former garnering over six times the subscription and the latter getting 1.5 times subscribed.
Fundraising through qualified institutional placement (QIP) has revived this year, led by commercial banks, after a lacklustre 2022. According to data compiled by Prime Database, Indian companies have raised Rs 53,070 crore in 2023 so far, of which seven banks - Union Bank of India, Indian Bank, Bank of India, Federal Bank, IDFC First Bank, Bank of Maharashtra, and J&K Bank - account for Rs 21,290 crore, or about 40 per cent. If other financial institutions are included, the figure surges to Rs 26,690 crore.
Owing to Finance Minister Nirmala Sitharaman being new to her role, a number of crucial announcements in the Budget bore Garg's imprint, especially the decision to borrow in overseas markets, reduce the fiscal deficit as a percentage of gross domestic product, and resort to off-Budget borrowing to meet that target, says Arup Roychoudury.
Diwali fireworks are expected to continue on Dalal Street next week, with four companies collectively seeking to mobilise over Rs 6,600 crore through initial public offerings (IPOs). In terms of the amount raised, this is poised to be the busiest week of calendar year 2023. Tata Technologies (Tata Tech), a subsidiary of Tata Motors, could lead the charge with an IPO projected to be over Rs 2,900 crore. This will mark the first maiden share sale by a Tata Group firm in nearly two decades.
Ajay Garg, a close aide of Union Railway Minister P K Bansal's nephew and an alleged middleman in the Rs 10 crore bribery case, was arrested on Tuesday after he surrendered before a Delhi court, which remanded him in the Central Bureau of Investigation custody till May 9.
With the Nifty50 surging past the 20,000 mark, the markets are experiencing a spate of initial public offerings (IPOs) with four issues set to raise over Rs 4,673 crore this week. Another quartet, cumulatively worth Rs 3,000 crore, is expected to launch next week. Companies like RR Kabel, SAMHI Hotels, Zaggle Prepaid Ocean Services, and Yatra Online are set to hit the primary market this week, while Signature Global, Updater Services, Sai Silks (Kalamandir), and Vaibhav Jewellers are slated for next week. This flurry of activity is driven by multiple factors including buoyant market conditions, increased demand for IPOs, and specific rule on the disclosure of quarterly financials.
Despite this setback, Pandey emphasised that discussions regarding ticket distribution are ongoing and solutions will be found through timely communication.
Bypolls to 10 assembly seats in Uttar Pradesh will be a litmus test for the Indian National Developmental Inclusive Alliance (INDIA)'s unity after the group's success in the recent Lok Sabha polls when they won more than 40 seats, significantly contributing to the Bharatiya Janata Party's failure to win a simple majority in parliament.
The Central Bureau of Investigation on Sunday arrested one more accused in the railway bribery scandal involving Railway Minister Pawan Kumar Bansal's nephew and a board member, taking the total number of those apprehended to nine.
Companies, which missed out on listing earlier, are giving it another shot but with significantly-reduced issue sizes. In the recent past, companies such as TVS Supply Chain Solutions, Suraj Estate Developers, and ESAF Small Finance Bank have re-filed their draft red herring prospectuses (DRHPs) with the Securities and Exchange Board of India (Sebi). This came after they slashed their issue sizes by 20-60 per cent.
In a suspected case of road rage, two judges and the driver of the car they were travelling in were attacked by unidentified motorcyclists in south Delhi on Thursday evening.
Presenting the best food pics shared by our readers this week. You can share yours too! Simply click on this link #RediffFoodies.
...But sales of domestic passenger vehicles dropped 2% to 3% year-on-year in August owing to low demand.
A round-up of the Ranji Trophy matches played on Saturday.
A Delhi court on Monday granted bail to one of the alleged middlemen in the Rs 10-crore railway bribery case while reserving its order on the bail plea of Vijay Singla, nephew of former Railway Minister Pawan Bansal.
The Bharatiya Janata Party on Sunday declared 13 candidates from Uttar Pradesh for the Lok Sabha polls including actor Arun Govil, who played Lord Ram in popular TV serial Ramayan, from Meerut, while replacing sitting MP Varun Gandhi from Pilibhit with state minister Jitin Prasada.
The Samajwadi Party and Congress have announced that they will contest together under the INDIA bloc.
'The decrease in the popularity of white cars and the rise in preference for darker colours like black, grey, and blue over the past three years reflect changing consumer attitudes.'
A round-up of the Ranji Trophy matches played on Monday.
Amazon Prime Video has announced 69 assorted Web series and movies, and the slate sure looks interesting.