Pine Labs made a strong stock market debut on Friday, listing at Rs 242 per share on the BSE and NSE—a 9.5% premium over its issue price of Rs 221. The listing was slightly better than grey market expectations and signalled a steady start for one of India’s leading digital payments and merchant-commerce companies. The … Read more
Jubilant FoodWorks Ltd (JFL), which operates fast-food chains Domino’s Pizza and Dunkin’ Donuts, on Monday said its consolidated revenue from operations increased 19.7 per cent to Rs 2,340.4 crore in September quarter FY26. Its standalone revenue from operations, which primarily consists of domestic revenue, was at Rs 1,698.7 crore, up 15.8 per cent on yoy … Read more
Indian billionaire Gautam Adani‘s flagship firm is slated to raise up to 10 billion rupees ($112.6 million) through the private placement of two-year and six-month bonds, two bankers said on Monday, marking its first such fundraising since 2023. The company will pay a semi-annual coupon of 8.70% on the issue and has invited commitment bids … Read more
Real estate company Runwal Developers has submitted its draft papers with markets regulator Sebi for raising Rs 2,000 crore through its initial public offering (IPO). The Mumbai-based company’s maiden public offering comprises a fresh issue of shares worth Rs 1,700 crore and an offer for sale (OFS) component of Rs 300 crore by promoter — … Read more
India’s Tata Group has had a challenging 2025, losing more than a staggering $75 billion in market value this year. Notably, a significant portion of this decline occurred in the past couple of weeks, driven by challenges such as US visa restrictions and a cyberattack that halted production. According to Bloomberg data, the combined market … Read more
Ganesh Infraworld, a Kolkata-based engineering, procurement, and construction (EPC) firm, is looking to raise Rs 200–250 crore through a qualified institutional placement (QIP) soon, according to people familiar with the matter. The company, which listed on the NSE SME Emerge platform on December 6 last year, had a market value of Rs 971.91 crore at … Read more
Medicap Healthcare Ltd has filed draft papers with markets regulator Sebi to raise Rs 240 crore through an initial public offering (IPO). The proposed IPO is entirely a fresh issue of equity shares with no offer for sale (OFS) component, according to the draft red herring prospectus (DRHP) filed on Monday. The company plans to … Read more
Russia: based cardiologist Dr. Dmitry Yaranov, widely known on Instagram as @heart_transplant_doc, has opened up about his routine use of ChatGPT in cardiology. In a June Instagram post, he emphasized that artificial intelligence is not a futuristic concept for doctors—it’s a present-day tool shaping diagnosis, treatment, and clinical thinking. “I use AI in cardiology every … Read more
Shares of Intel jumped 22% on Thursday following news of a $5 billion investment by Nvidia and a strategic deal between the two chipmakers, news agency Reuters reported. Analysts said the agreement could strengthen Intel’s next-generation manufacturing technology, even without a direct commitment from Nvidia to use it for its own chips. Under the deal, … Read more
Shares in Puma jumped 10% on Wednesday, with traders pointing to a media report that two parties were preparing for a potential takeover of the German sportswear maker. Germany’s Manager Magazin reported that two investors were ready to take the 29% stake held by the French billionaire Pinault family, paving the way for a potential … Read more