Milky Mist IPO: Milky Mist Dairy Food Ltd. is preparing to launch a 20.35 billion rupees ($213 million) initial public offering as soon as July, according to sources familiar with the matter, setting the stage for what is projected to be the biggest dairy-sector IPO in India’s history, reported Bloomberg News. The Tamil Nadu-based company…
State-owned Indian Renewable Energy Development Agency Ltd (IREDA) on Friday (July 10) said it has declared the loan accounts of Gensol Engineering Ltd and its subsidiary Gensol EV Lease Ltd as fraudulent and reported the matter to the Reserve Bank of India (RBI) in accordance with regulatory requirements. The company said the action has been…
The Hyderabad-based business intends to use proceeds from the fresh issuance for clearing outstanding debt, launching 10 new clothing stores, setting up one new apparel store with a jewellery Store-in-Store (SIS) (Integrated Retail Store), and two new standalone jewellery stores, covering lease and sublease expenses for existing warehouses and retail spaces, and supporting general corporate…
Power solutions provider Powerica Ltd on Friday (July 10) said it has emerged as the winning bidder in the e-reverse auction conducted by Gujarat Urja Vikas Nigam Ltd (GUVNL) for procurement of power from grid-connected wind power projects. The company secured a 50 MW wind power project under Gujarat Urja Vikas Nigam Ltd’s 250 MW…
Homegrown steel major Tata Steel Ltd on Friday (July 10) said that its wholly owned foreign subsidiary, Tata Steel IJmuiden B.V. (TSIJ), has been summoned by the Dutch Public Prosecution Office (PPO) over suspected criminal offences relating to alleged pollution at its coke and gas plants in the Netherlands. The company said the Dutch Public…
Before pivoting toward Hong Kong last year amidst a decline in valuation, Shein made unsuccessful attempts to list its shares in both US and London. Meanwhile, Hong Kong’s stock market has dropped by approximately 6 per cent so far this year, but its IPO market is fizzing, with almost $35 billion raised in first-time share…
South Korea’s SK Hynix made a strong Nasdaq debut on Friday, with its American depositary receipts (ADRs) opening 14% above the $149 offer price, signalling continued investor appetite for companies benefiting from the artificial intelligence (AI) boom. The listing gives US investors direct exposure to one of the biggest beneficiaries of the AI-driven memory boom….
TCS’s June-quarter earnings have left Dalal Street divided, with analysts split between applauding the company’s resilient execution and questioning its premium valuation, even as robust hiring fuels hopes of a gradual recovery in IT demand. By Yoosef K July 10, 2026, 9:11:57 PM IST (Updated) (Photo Credit : Generated By CNBC-TV18) Source: Bloomberg Continue Reading…
Foreign institutional investors (FIIs) returned as net buyers of Indian equities on Friday after briefly turning sellers in the previous session, pumping in ₹2,603.72 crore on a provisional basis. The inflow marked the highest single-day FII purchase of the week, reversing Thursday’s net outflow of ₹532.86 crore. Domestic institutional investors (DIIs) also remained supportive, investing…
As the Q1FY27 earnings season gets underway, brokerage firm Citi has identified four companies that could outperform Street estimates and another four that may fall short of expectations. The brokerage expects Havells India, GAIL (India), Britannia Industries and YES Bank to deliver positive earnings surprises in the June quarter, backed by improving demand, stronger operating…
