The Milky Mist Dairy Food IPO has received a strong response from investors, with the issue subscribed 42.29 times. The company plans to deploy funds towards setting up whey protein concentrate, yoghurt and cream cheese plants, besides installing ice cream freezers and chocolate coolers.
The European bond market remains relatively stable as oil prices steadied, with investors closely monitoring the U.S. consumer price inflation data for any signs of underlying price pressures. The data has provided relief for fixed income markets, with investors becoming more optimistic about the prospects of an interest rate hike.
Jio Financial Services and Bank of America have signed a definitive agreement for a joint venture, which is expected to deepen Jio Financial’s presence in India’s rapidly growing financial services market.
Oil prices plummet amid global demand projections, with Brent crude futures declining $1.29 to $87.69 a barrel. The BSE Sensex and NSE Nifty50 indices have been impacted, with the Sensex falling 187.90 points to 77,966.35.
Tata Sons is facing a leadership vacuum after N Chandrasekaran’s resignation, highlighting concerns about corporate governance, communication, and trust between owners and management. The next chairman will inherit a complex organisation with multiple challenges.
The Securities and Exchange Board of India (SEBI) has issued a show cause notice to Paytm, one of India’s largest fintech companies, over its 2023 disclosure. The notice was issued after a thorough investigation by SEBI, which found several discrepancies in Paytm’s financial statements.
Discover the Tata Group’s diverse portfolio of businesses, including Jaguar Land Rover, Air India, and Tata Steel, as the company navigates leadership uncertainty following N Chandrasekaran’s resignation. Learn about the group’s market capitalization and key business segments.
Blackstone’s Horizon Industrial Parks Limited is set to open its initial public offer (IPO) for subscription on August 17, 2026, with a price band of ₹57 to ₹60 per equity share. The offer aims to raise ₹2,600 crore to cut debt and fund the company’s logistics push.
Indian hospital stocks have been trading weakly due to the Parliamentary Standing Committee’s recommendations. The committee proposed benchmarking private hospital room charges and introducing fixed package rates for standard medical procedures. The Indian healthcare sector is poised to sustain strong growth.
Blue Cloud Softech Solutions’ share price has seen a significant surge amid confusion over a deal with SpaceX International. The company’s US subsidiary has executed a Statement of Work with Malaysia-registered SpaceX International, providing for a minimum contractual commitment of $150 million over 18 months.
