Travelstack Tech, backed by Goldman Sachs and Anupam Mittal, has filed DRHP for an IPO combining a Rs 250 crore fresh issue and offer for sale, with proceeds funding working capital, debt repayment and growth as corporate travel demand expands in India.Read More

Promoter Bhavish Aggarwal on Thursday sold 2.83 crore shares of Ola Electric through a bulk deal, marking the third consecutive day of stake offloading. The shares were sold at Rs 31.60 apiece, taking the total transaction value to Rs 90.27 crore, exchange data showed.Read More

The Bank of England has cut interest rates to 3.75% following a narrow 5-4 vote, with Governor Andrew Bailey shifting his stance. While signalling a gradual downward path for borrowing costs, policymakers expressed concerns about persistent inflation, which remains the highest among G7 economies. The central bank also revised its growth forecast downwards, anticipating stagnation...Read More

Seven NSE largecap companies, including HDFC Bank and Bajaj Finance, posted their highest quarterly profits in 10 quarters, reflecting strong growth and robust financial performance.Read More

Nasdaq anticipates a surge in company listings next year. Several major startups are preparing to go public in the US. This signals growing confidence in the market for new offerings. Companies and investors are looking beyond recent market fluctuations. This trend suggests a strong start to the year for IPOs, with optimism for the latter...Read More

Six BSE 200 stocks, including United Breweries and PFC, slid to fresh 52-week lows as market weakness dragged shares down by up to 11% over the past month.Read More

Indian markets closed marginally lower as select stocks like TCS, Meesho and Crompton Greaves gained on positive triggers, while Ola Electric, Hitachi Energy and Sun Pharma declined amid company-specific concerns.Read More

Short sellers in newly listed Meesho were caught off guard as a sharp 100%+ post-listing rally pushed over one crore shares into the exchange auction. With just 6% free float and limited supply, bears failed to deliver stock on settlement—underscoring the growing risks of shorting momentum-driven, low-float IPOs.Read More

Accenture has surpassed revenue forecasts for the first quarter. Strong demand for its artificial intelligence IT services fueled this growth. The company’s AI strategy is showing positive results. Enterprises are increasingly adopting AI for cost reduction and productivity gains. New bookings also saw a significant rise. However, demand from public sector clients remains mixed.Read More

Mahindra Lifespace Developers Ltd is aiming for approximately Rs 1,900 crore in revenue from its newly launched housing project, ‘Mahindra Blossom,’ in Bengaluru’s Whitefield. This project contributes to the company’s extensive portfolio of residential and integrated developments across India.Read More