Shiprocket has given investors a striking first-day payoff, with its shares listing at a 35% premium to its Rs 97 IPO price, before climbing as much as 48.6% intraday. At its peak, that put the company at roughly $1 billion, according to Reuters. The excitement is not just about a successful technology IPO. It reflects … Read more
Colgate-Palmolive India has partnered with Bombay Shaving Company (BSC) to handle Palmolive’s consumer facing advertising and relationships across e-commerce and direct-to-consumer (D2C) channels. Management during the recent quarterly con-call accepted that personal care has been an area where the company has not delivered as well as it would have liked, particularly Palmolive. The partnership with … Read more
As per the reports, Aegis Logistics (ALL), India’s largest privately owned liquid logistics company in West Asia, is in advanced discussions to acquire Tristar, a West Asia based liquid logistics company, in a deal valuing the target at about USD 1.5 bn. ALL has supposedly begun talks with a group of European and Indian private … Read more
Netherlands-based ??Resilient Asset Management, fully owned ‌by ​Paytm ​founder ​Vijay Shekhar Sharma, will ​sell ‌up to a ​4.98% stake in ‌Paytm ​via ‌a block ‌trade, ??the ​fintech firm said on ​Monday.  First Published: Aug 17 2026 | 8:50 PM IST Source link
Sebi chairman Tuhin Kanta Pandey on Monday said the regulator has no plans to roll back the recently introduced Closing Auction Session (CAS). However, the authority is reviewing concerns raised by market participants and considering whether the framework needs any improvements.Introduced on August 3 this year, CAS has drawn attention from some participants over issues … Read more
Reliance Industries Ltd (RIL) and Rolls-Royce on Friday announced partnership for designing, development, manufacturing and delivery of a sovereign indigenous combat engine for India’s Advanced Medium Combat Aircraft (AMCA) programme. As part of the proposed partnership, the companies will explore setting up a dedicated Aerospace Gas Turbine Complex in India as a centre of excellence … Read more
The report refers to a US Commerce Department estimate that goods worth $67 billion were transshipped through India, Mexico and Vietnam in 2025. (AP photo) A new US report has alleged that India is among 40 countries that are helping China evade Trump’s tariffs with the help of a shadow trans-shipment network. The White House … Read more