Capillary Technologies is set to launch an Initial Public Offering to raise funds for cloud infrastructure and research. The company aims to secure up to ₹532 crore through an offer for sale and ₹345 crore via a fresh issue. Promoter stake will reduce post-IPO. Investors with a high risk appetite may consider this long-term opportunity.Read More

Warburg Pincus-backed Fusion Finance anticipates profitability in the second half of the current fiscal year, marking a turnaround after six consecutive quarters of net losses. The company plans to call for the second tranche of ₹400 crore from investors and aims to increase monthly loan disbursals to ₹550-600 crore from January onwards.Read More

Asian Paints stock surged over 8% in two trading sessions, driven by a strong second-quarter performance and the exit of a rival CEO. The company’s net profit jumped 43%, exceeding expectations and prompting price target upgrades from analysts. Despite renewed investor interest, some analysts remain cautious about a sustained rally, citing capped upsides after the...Read More

German firm DWS Group is acquiring a 40% stake in Nippon Life India Asset Management’s alternatives business. This partnership aims to expand operations in alternatives, active, and passive assets. The companies will also jointly launch passive products. A global distribution arrangement is planned for India-focused mutual funds. The alternatives sector in India is poised for...Read More

The Securities and Exchange Board of India (Sebi) is proposing a separate, concise offer document summary to improve retail investor engagement in IPOs. This initiative aims to make key disclosures more accessible, reducing reliance on unregulated information sources. Sebi is also streamlining the process for pre-IPO pledged shares.Read More

Mahindra & Mahindra is entering the life insurance sector through a 50:50 joint venture with Canada’s Manulife, committing up to ₹3,600 crore each. Operations are expected to launch within 15-18 months of regulatory approval, with a focus on underpenetrated rural and semi-urban markets. The venture aims for break-even around the tenth year.Read More

Hero MotoCorp announced a strong performance for the September quarter. The company’s net profit increased by 16 percent, reaching Rs 1,393 crore. This growth was driven by robust sales volumes and positive festive sentiment. Revenues also saw a significant rise. The company’s emerging mobility business and global exports also showed impressive gains.Read More

The National Investment and Infrastructure Fund (NIIF) has divested nearly 3% of its stake in electric two-wheeler maker Ather Energy for Rs 541 crore. This move reduces NIIF’s holding to 2.39%. The transaction saw significant participation from various mutual funds and investment firms. Ather Energy recently reported a narrowed net loss for the September quarter,...Read More

Capillary Technologies India has raised Rs 394 crore from a clutch of anchor investors ahead of its initial public offering (IPO) which opens for subscription on Friday, November 14.Read More

Indian equities paused after a four-day rally, with Sensex and Nifty ending nearly flat. Gains from easing inflation and trade optimism were offset by profit-booking, FII outflows, and caution ahead of Bihar election results.Read More