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Shree Ram Twistex IPO: Issue receives tepid response on Day 01, subscribed 0.11 times; GMP indicates muted listing

New Delhi, Feb. 23 -- Shree Ram Twistex IPO in focus: The initial public offering (IPO) of Shree Ram Twistex, a manufacturer of cotton yarns, which opened for subscription today, February 23, received... Read More


Behind the Rs.590-crore alleged fraud at IDFC First Bank's branch in Haryana

New Delhi, Feb. 23 -- IDFC First Bank is investigating if the documents at the centre of an alleged Rs.590 crore fraud at its Chandigarh branch were genuine or forged, two people familiar with the mat... Read More


Nifty may scale new peaks in 12-18 months as valuations turn attractive: Nuvama AMC's Nikhil Ranka

New Delhi, Feb. 23 -- The Nifty 50 could touch fresh highs over the next 12-18 months as valuations hover below long-term averages and foreign selling shows signs of easing, said Nikhil Ranka, chief i... Read More


Dispute in Lilavati trust: HC issues notice to ex-CP, trustee calls his challenge to removal 'mockery' of law

India, Feb. 23 -- The Bombay High Court on Friday issued a notice to former Mumbai police commissioner Param Bir Singh for allegedly making defamatory statements against the Lilavati Kirtilal Mehta Me... Read More


Gaudium IVF and Women Health IPO subscribed 3 times

Mumbai, Feb. 23 -- The initial public offer (IPO) of Gaudium IVF and Women Health received bids for 4,38,24,186 shares as against 1,46,20,340 shares on offer, according to stock exchange data at 17:00... Read More


Belimo Holding Full-year Profit, Revenue Rise; Provides Outlook

India, Feb. 23 -- Belimo Holding AG (BEAN.SW), an actuator solutions provider, on Monday reported higher earnings for fiscal 2025, supported by revenue growth. The company also provided an upbeat outl... Read More


SIA Engineering Q3 Net Profit Rises; Revenue Up 8.7%

India, Feb. 23 -- SIA Engineering (O3H.F) recorded third quarter net profit of S$41.9 million, compared to S$38.2 million, prior year. Basic earnings per share in the third quarter was 3.74 cents comp... Read More


'Too soon to comment': Nirmala Sitharaman reacts as Trump hikes global tariffs

India, Feb. 23 -- Union Finance Minister Nirmala Sitharaman on Monday said it was "too soon" to assess the impact of the recent tariff changes announced by the US government on the Indian economy. Sp... Read More


Exclusive: Practo In Talks To Raise $100 Mn In Pre-IPO Round

India, Feb. 23 -- IPO-bound healthtech startup Practo is in advanced discussions to raise $100 Mn to $125 Mn in a pre-IPO round, which will be a mix of equity and debt, sources told Inc42. A global P... Read More


"What action did the government take?": Hooda slams Saini government over IDFC First Bank fraud case

Chandigarh, Feb. 23 -- Congress leader Bhupinder Singh Hooda has questioned the state government over the Rs 590 crore fraud in one of IDFC First Bank branches in Chandigarh and asked what action it h... Read More