Latest business news
Tesla share price crashed more than 14% on Thursday as the public feud between CEO Elon Musk and US President Trump intensified. Tesla shares slumped as much as 14.26% to close at $284.70 apiece. Tesla stock price has fallen in four out of the last five sessions. The electric vehicle (EV) company has lost about…
Tesla shares dropped more than 8% on Thursday on a day otherwise devoid of news for the electric vehicle maker, leading traders to speculate that Musk’s increasingly pointed rhetoric suggests strain in the relationship that has benefited his sprawling empire of businesses. President Trump said on Thursday that Musk was upset because the bill took…
Scoda Tubes IPO: Scoda Tubes, a stainless steel tubes and pipes manufacturer, completed its anchor investor round on Tuesday, 27 May 2025, raising ₹65.99 crore from the marquee investors ahead of the public bidding, according to the exchange filing. According to BSE data, the company allocated 47,14,200, or over 47.14 lakh equity shares, to the…
HDB Financial Services Ltd. is close to securing the go-ahead from India’s securities regulator for its initial public offering, according to people familiar with the plan, which would allow the shadow lender to launch one of the country’s biggest listings this year. The Securities and Exchange Board of India’s approval is set to be made…
Prostarm Info Systems IPO: Power solution product maker raises ₹50.4 crore from anchor investors ahead of public issue (This is a developing story. Please check back for more updates) Read all IPO-related news here Read all stories by Anubhav Mukherjee Disclaimer: This story is for educational purposes only. The views and recommendations above are those…
Groww IPO: Stock broking firm Groww has filed draft papers with the markets regulator Sebi for an initial public offering (IPO) estimated to be around USD 700 million to USD 1 billion through a confidential pre-filing route, people familiar with the development said on Monday. The IPO is a combination of a fresh issue of…
According to two people aware of ongoing discussions, the National Stock Exchange (NSE) may receive a no-objection certificate (NoC) from the Securities and Exchange Board of India (Sebi) for its initial public offering (IPO) within weeks, potentially ending years of litigation and regulatory deadlocks. Two options are being discussed, according to the two people cited…
Belrise Industries Ltd. raised ₹645 crore from its anchor investors ahead of its public issue, according to the company’s exchange filing on 20 May 2025. According to the filing data, the automotive parts manufacturing firm allocated 7,16,66,665 or more than 7.16 crore equity shares to a series of anchor investors at an allocation price of…
Schloss Bangalore, the owner of Leela luxury hotels, has slashed its IPO size by 30% to 35 billion rupees ($409 million), joining a growing list of companies that have trimmed their issues due to market uncertainty. Brookfield-backed Schloss, which initially planned a 50 billion-rupee initial public offering, will run the issue from May 26-28, its…
The process of listing of two subsidiaries of Coal India Ltd – BCCL and CMPDI – has begun, and draft papers would be filed soon with Sebi, the company on Monday said. Speaking to reporters on the sidelines of CII Mining and Construction Equipment Summit, Coal India Ltd (CIL) Director Business Development Debasish Nanda said,…