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Goldman Sachs Sells Eternal Shares Via A Rs.169 Cr Block Deal

India, Oct. 16 -- Financial service giant Goldman Sachs has sold 53.4 Lakh shares of foodtech giant Eternal in a major block deal worth Rs.168.7 Cr. According to NSE data, the investment bank, via it... Read More


Enterprise AI Startup RapidCanvas Nets $29 Mn To Expand GTM Teams

India, Oct. 16 -- Enterprise AI startup RapidCanvas has raised $29 Mn (about Rs.280 Cr) in its Series B funding round led by Vertex Ventures SEA & India. The round also saw participation from new vent... Read More


Inside SEBI's 10 Key Proposed Changes To SME IPO Rules

India, Oct. 16 -- The Securities and Exchange Board of India (SEBI) has proposed sweeping changes to the rules governing initial public offerings (IPOs) of small and medium enterprises (SMEs). In a c... Read More


Tonbo Imaging IPO Oversubscribed Nearly 7X On Day 2 So Far

India, Oct. 16 -- Defence tech company Tonbo Imaging's Rs.852.1 Cr IPO continued to receive healthy investor interest on the second day of bidding. Investors have placed bids for about 5.93 Cr shares ... Read More


Zetwerk IPO Subscribed 27% On Day 2 So Far, QIB & Retail Portions Booked 32% Each

India, Oct. 16 -- B2B manufacturing company Zetwerk's Rs.5,012.3 Cr IPO was subscribed 27% on the second day of bidding today. Investors placed bids for 4.95 Cr shares against 18.51 Cr shares on offer... Read More


E2E Networks Swings To Rs.73 Cr Profit In Q2, Revenue Jumps 411% YoY

India, Oct. 16 -- Cloud infrastructure company E2E Networks' operating revenue jumped 411% to Rs.223.8 Cr in the second quarter of FY27 from Rs.43.8 Cr in the year-ago quarter. The company posted a c... Read More


Tonbo Imaging IPO Gets A Strong Start, But Does Growth Justify Its Valuation?

India, Oct. 16 -- From the Iran war to rising geopolitical tensions across the globe, conflicts are driving demand for advanced defence technologies, from thermal imaging and missile guidance to syste... Read More


Flipkart Group FY26: Revenue Nears Rs.1.5 Lakh Cr, Loss Narrows To Rs.8,468 Cr

India, Oct. 16 -- Flipkart Group reported an 18.2% jump in consolidated revenue from operations to Rs.1.45 Lakh Cr in the fiscal year 2025-26 (FY26), up from Rs.1.23 Lakh Cr in the year ago fiscal. M... Read More


Origin Bags $20 Mn To Build Autonomous Construction Robots

India, Oct. 16 -- Emerging out of stealth mode, robotics startup Origin has raised $20 Mn (around Rs.189 Cr) in a funding round co-led by Accel and Zacua Ventures. The round also saw participation fr... Read More


'Have Never Feared Competition': Reliance Responds To Elon Musk's Starlink Allegations

India, Oct. 16 -- Reliance Industries Ltd (RIL) has responded to Elon Musk's allegations that Indian business interests are blocking Starlink's entry into the country, saying it has "never feared comp... Read More