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NBFC firm IIFL Finance Ltd on Tuesday said that the base issue of its secured redeemable non-convertible debentures (NCDs) has been fully subscribed within the first half of the opening day.
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Jaipur-headquartered Moustache Group of Hotels on Monday announced its rebranding, aiming to operate 100 more properties by 2030.
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European shares were steady on Tuesday, echoing a cautious tone in global markets as key bilateral talks between ‌the U.S. ⁠and ⁠Iran were underway, while investors scoured for clues on how ​AI disruptions could upend traditional business models.
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Kwality Wall’s shares fell sharply on Tuesday, extending their post-listing slide to 30% after a weak debut. The stock faced heavy selling despite LIC acquiring a 6.62% stake. The demerged ice-cream business from HUL also saw an open offer launched at Rs 21.33 per share by a Dutch promoter entity.
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Aerospace firm Aequs is investing ₹1,900 crore in Tamil Nadu over ten years. This move focuses on advanced engine manufacturing, a high-margin segment. The project aims to build a comprehensive aerospace ecosystem in India. Initial investment will be ₹200-300 crore. Commercial production is expected by FY28. This initiative strengthens India’s aerospace capabilities.
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