A91 Partners, Catamaran Ventures, and Xponentia-backed Sedemac Mechatronics has filed its DRHP with SEBI for a full OFS IPO of 80.43 lakh shares. The company, a leading ECU and genset controller maker, posted strong revenue and profit growth in FY25.Read More
Sebi’s conflict-of-interest rules are deemed inadequate, lacking legal teeth and consistency. A high-level committee found existing codes voluntary, unlike enforceable employee regulations. Recommendations include a new, legally binding framework for all officials, standardizing definitions, enhancing disclosures, and strengthening post-employment restrictions to bolster public trust.Read More
Asian Paints shares hit a fresh 52-week high of Rs 2,838.70 on Wednesday, closing up 6.6% at Rs 2,832 on the NSE. The rally came after the company reported a 43% YoY rise in Q2 consolidated net profit to Rs 994 crore, with revenue up 6% to Rs 8,514 crore.Read More
Benchmark indices extended their winning streak on Wednesday as IT and auto stocks led gains. Key movers included Groww, Asian Paints, Adani Enterprises, BLS International, and Reliance Infra.Read More
Tata Steel Q2 Results: Tata Steel on Wednesday reported a 272% jump in its consolidated Q2 net profit at Rs 3,102 crore versus Rs 833 crore in the year ago period. The profit after tax (PAT) is attributable to the owners of the company.Read More
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