In a significant development for India’s pharmaceutical and biotechnology sector, Avendus Future Leaders Fund (FLF) has spearheaded a ₹300-crore investment in Aragen Life Sciences, a leading contract research, development, and manufacturing organization (CRDMO). The deal not only strengthens Aragen’s capital base but also positions it for accelerated growth in the global life sciences market. Strengthening…
Shares of IDFC First Bank are expected to be in the spotlight after Platinum Invictus, a prominent global investment firm, received the Reserve Bank of India (RBI)’s approval to invest Rs 2,624 crore in the lender. The regulatory nod paves the way for one of the largest private equity-led capital infusions in India’s banking sector…
India’s energy strategy has once again come into the spotlight after Nobel Prize-winning economist Abhijit Banerjee urged policymakers to reconsider the long-term viability of importing discounted Russian oil. Speaking at a recent economic policy forum, Banerjee suggested that the benefits of cheap crude should be weighed against potential geopolitical and trade repercussions, particularly in light…
The Indian primary market is set for a busy week as six new initial public offerings (IPOs) are scheduled to open on Dalal Street, collectively aiming to raise an estimated ₹1,938 crore. This comes amid rising investor interest in fresh equity issues, supported by strong domestic liquidity and robust retail participation. Analysts believe that this…
In a surprising turn of events, Zerodha co-founder Nikhil Kamath and Perplexity AI CEO Aravind Srinivas have ignited a captivating online conversation that financial experts say could potentially impact investor sentiment and influence India’s stock market updates. What started as a thought-provoking tweet exchange has quickly evolved into a widely discussed thread, bringing together traders,…
In a decisive move to strengthen its balance sheet and reduce stressed assets, Punjab National Bank (PNB) has announced its plan to sell non-performing assets (NPAs) worth approximately ₹5,000 crore to Asset Reconstruction Companies (ARCs) during the current financial year. According to PNB Managing Director Atul Kumar Goel Chandra, the bank aims to achieve a…
In a strong reaffirmation of India’s commitment to improving its investment climate, Union Minister of Commerce and Industry Piyush Goyal highlighted the country’s ability to swiftly resolve business challenges, further strengthening its image as a global business-friendly destination. Speaking at an industry interaction, Goyal emphasised that the government’s pro-active approach, policy reforms, and real-time problem…
Connplex Cinemas Ltd, a rapidly expanding multiplex chain headquartered in Gujarat, is set to enter the capital markets with its Initial Public Offering (IPO) opening for subscription on August 7, 2025. The IPO has generated considerable interest among retail and SME investors as the regional entertainment chain gears up to scale operations across Western and…
In a bold and optimistic projection, ace investor and Motilal Oswal Financial Services Chairman Raamdeo Agrawal has stated that India’s unlisted companies hold the potential to unlock ₹150 lakh crore in market value, possibly doubling the country’s total market capitalisation in the next four years. Agrawal, known for his long-term bullish stance on the Indian…
In a spectacular debut that has caught the attention of retail and institutional investors alike, Aditya Infotech Ltd made headlines after listing at a sharp premium on the stock exchanges. The listing pop resulted in non-institutional investors (NIIs) making up to ₹1.3 lakh in profit per application on the very first day of trade. The…
