In a development that rattled investor sentiment on Dalal Street, a prominent large-cap stock witnessed a significant decline after its holding company announced the sale of a sizeable stake worth ₹734 crore in Akzo Nobel India. The stake sale triggered concerns among investors about the strategic intent and future holding structure of Akzo Nobel India,…
In a strategic leadership move to bolster its growth ambitions, Federal Bank has elevated its Chief Financial Officer (CFO) Venkatraman Venkateswaran to the position of Executive Director (ED). The appointment comes after approval from the bank’s board and the Reserve Bank of India (RBI), aligning with Federal Bank’s broader succession planning and organisational transformation efforts….
In a strategic pivot reflecting the sweeping changes in India’s fintech landscape, Paytm founder Vijay Shekhar Sharma has announced that the company will adopt an “AI-first” approach as part of its next phase of transformation. This declaration comes in the backdrop of reports of significant layoffs across Paytm’s various verticals amid an ongoing restructuring to…
In a significant funding milestone for India’s enterprise technology ecosystem, Arteria Technologies, a leading SaaS-based fintech solutions provider, has raised ₹100 crore from ICICI Venture, one of India’s largest private equity firms. The investment marks a strategic bet on Arteria’s ability to accelerate digital transformation in global trade finance, supply chain financing, and enterprise integration…
In a dramatic twist that underscores the fierce battles over artificial intelligence (AI) hardware innovation and intellectual property, Humane AI, the California-based AI device startup known for previously suing OpenAI and Apple’s former design chief Jony Ive, has now filed a fresh lawsuit against one of its own ex-employees for alleged theft of trade secrets….
In a stark admission highlighting the seismic shifts underway in the global semiconductor industry, Intel’s new CEO Lip-Bu Tan has acknowledged that the company is “no longer among the top 10 chip firms by market capitalisation or technological leadership.” The statement, made during an internal town hall this week, has triggered fresh introspection among employees,…
INOX Clean Energy Ltd, one of India’s leading integrated renewable energy solutions providers, is gearing up for a massive ₹6,000 crore initial public offering (IPO) as it files a confidential draft red herring prospectus (DRHP) with market regulator SEBI. The company aims to tap into India’s booming clean energy investment wave while strengthening its position…
Shares of Zee Entertainment Enterprises Ltd (ZEEL) plunged by over 6% in intraday trade on Thursday after the company’s proposed fundraising plan collapsed due to resistance from key shareholders. The development has triggered fresh concerns over the broadcaster’s liquidity and strategic options, especially after its failed merger with Sony earlier this year. Fundraising Plan Withdrawn:…
The ₹350 crore IPO of Glen Industries Ltd, a leading manufacturer of speciality industrial components, closed with record-breaking subscription numbers on its final day, signalling robust investor confidence despite broader market volatility. The public issue, which opened earlier this week, was subscribed 242 times overall, making it one of the most successful IPOs of 2025…
Monika Alcobev, one of India’s leading premium liquor importers, is set to launch its highly anticipated SME IPO next week, marking the third-largest such offering on Dalal Street in 2025 so far. Market watchers and investors are closely tracking this issue, which signals continued optimism in India’s small and medium enterprise capital markets and rising…
