Ajax Engineering’s IPO Debut: Shares List at a Discount Amid Market Volatility

Ajax Engineering Limited, a prominent manufacturer of concrete equipment, commenced trading on the Indian stock exchanges today, February 17, 2025. The company’s shares were listed at ₹576 on the National Stock Exchange (NSE), reflecting an 8.4% discount to the issue price of ₹629. On the Bombay Stock Exchange (BSE), the shares debuted at ₹593, a […]

LG Corp Chairman Kwang Mo Koo to Visit India: IPO and New Investments on the Horizon

In a significant move underscoring India’s growing importance in the global business landscape, LG Corp’s Chairman and CEO, Kwang Mo Koo, is scheduled to visit India later this month. This visit aims to finalize the initial public offering (IPO) plans for LG Electronics India and explore new investment opportunities in the country’s burgeoning manufacturing sector. […]

OYO Strengthens U.S. Presence with $10M Investment, Expands G6 Hospitality Portfolio

OYO, the global hospitality giant, is making significant strides in the United States with a fresh investment of ₹86.69 crore ($10 million) aimed at strengthening its market presence. This move follows OYO’s ₹4,551 crore ($525 million) all-cash acquisition of G6 Hospitality from Blackstone, a strategic deal that has positioned the company for aggressive expansion in […]

Hinduja Leyland Finance Shows Strong Growth in Q3 with Higher Margins and Interest Income

Hinduja Leyland Finance has delivered an impressive performance in the third quarter, showing strong growth in key financial areas. The company’s interest yield on assets under management (AUM) improved by 13.5%, reflecting better loan pricing and a shift towards higher-yielding assets. One of the key highlights of the quarter was the expansion of the company’s […]

OYO’s Profit Skyrockets 6X in Q3 – Here’s What’s Driving the Boom

OYO’s profit has skyrocketed in the third quarter of FY25, marking an impressive sixfold increase. The company reported a net profit of ₹166 crore, a significant leap from ₹25 crore in the same period last year. This remarkable growth signals that OYO is not just expanding but also becoming a highly profitable venture. The company’s […]

Captain Fresh Secures INR 250 Crore in Pre-IPO Funding to Drive Global Expansion

Bengaluru-based seafood supplier Captain Fresh has successfully raised INR 250 crore in its pre-IPO funding round, backed by its existing investors. The investment round saw participation from Accel, Tiger Global Management, Prosus Ventures, Z47 (formerly Matrix Partners India), Evolvence Group, and British International Investment, among others. Several prominent family offices, including those of Sriharsha Majety […]

India Budget 2025: Big Boosts, Bold Moves

Finance Minister Nirmala Sitharaman presented the Union Budget 2025, outlining a vision for economic growth, tax relief, and innovation-driven development. With a mix of reforms and incentives, the budget aims to support businesses, empower individuals, and fuel the country’s ambitious roadmap toward becoming a global economic powerhouse. Major Tax Relief for the Middle Class The […]

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