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Emmvee Photovoltaic Power Ltd is set to launch its IPO on November 11, aiming to raise Rs 2,900 crore. The company plans to use the funds for loan repayment and general corporate needs. This move comes as India’s solar manufacturing capacity sees significant growth. The IPO will conclude on November 13.Read More

Mindspace Business Parks REIT reported a significant 25.8% year-on-year increase in net operating income to Rs 634 crore for the September quarter, driven by strong leasing and stable occupancy. Revenue from operations grew 24.8% to Rs 778 crore, with distribution rising 16.3% to Rs 355 crore, resulting in a DPU of Rs 5.83.Read More

Wall Street’s major indexes saw a subdued open on Wednesday, recovering slightly from a tech-driven selloff fueled by valuation worries. A robust ADP employment report eased concerns about a weakening labor market, with the Dow Jones Industrial Average showing a modest gain, while the S&P 500 experienced a slight dip and the Nasdaq Composite edged higher.Read More

Saregama, a part of RPSG Group, saw a slight dip in its September quarter performance. Net profit fell 2% year-on-year to Rs 44 crore. Revenue from operations also declined 5% to Rs 230 crore. The company declared an interim dividend of Rs 4.50 per share. Saregama expanded its music portfolio and saw growth in its live events business.Read More

Kennametal India Ltd. reported a significant 28.8% year-on-year increase in profit before tax to Rs 434 crore for its September quarter. This growth was fueled by rising market demand and a strong focus on operational efficiency, with revenue climbing 9.5% to Rs 2,960 crore. The company’s hard metal and machining solutions segments were key drivers of this performance.Read More