Milky Mist files DRHP for Rs 2,035crore IPO
Milky Mist Dairy Food has filed for an IPO to raise Rs 2,035 crore, including a fresh issue for debt repayment and facility expansion. The company, known for its paneer production, will use IPO funds to capitalize on the rising demand for premium dairy products.
IREDA plans to raise Rs 2,500-3,000 cr through QIP this fiscal
IREDA plans to raise Rs 2,500-3,000 crore via QIP this fiscal, diluting another 3.76% of government stake after a successful IPO. The company aims to boost its lending power to Rs 30,000 crore. IREDA’s loan book surged to Rs 79,941 crore, with significant growth in renewable energy projects, and net worth rose by 36% to […]
Astronomer CEO’s ‘kiss cam’ controversy sparked over $7 million in prediction markets bets on his ouster
The controversy triggered $2.4 million in total trading volumes on Kalshi, marking one of the most traded cultural events on prediction markets.
JPMorgan Chase overhauls quantum computing leadership, poaches State Street executive
Quantum computing has the potential for huge advances over traditional computing and may have applications in finance, drug development and materials science.
Stocks making the biggest moves midday: Block, SolarEdge, Cleveland-Cliffs, Verizon & more
These are the stocks posting the largest moves midday.
Stocks making the biggest moves premarket: Block, Pinterest, Verizon and more
These are the stocks posting the largest moves in premarket trading.
Corporate loan growth slows as firms prefer capital markets over banks
Indian banks face challenges in attracting large corporations back to traditional lending. Companies are increasingly favouring capital markets for funding. Bond and equity markets offer competitive rates. HDFC Bank and ICICI Bank have reported slower corporate loan growth.
NLC India arm NIRL to go public in Q2 of FY27; to raise ₹4,000 cr to part fund expansion: CMD
NIRL, the renewable energy arm of state-owned NLC India, is expected to go public in the second quarter of the next financial year to raise around ₹4,000 crore to part fund its expansion plans, a top official of the company said.
IPO fundraising up 45% to Rs 45,350 cr in Jan-Jun despite global trade headwinds
Despite global economic headwinds, Indian IPO fundraising surged to Rs 45,350 crore in the first half of 2025, a 45% increase year-over-year, driven by strong domestic investment and positive investor sentiment. While the number of IPOs decreased, the average issue size rose, with manufacturing and infrastructure sectors leading the way.
If Apple makes a foldable phone, analysts say this stock will benefit
U.S. hedge fund magnate Steve Cohen has also jumped in to buy the stock, according to filings with the Hong Kong stock exchange.