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02 Jul

Foodlink F&B Holdings Files IPO Draft with SEBI to Expand Global Culinary Footprint

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#IPO #FoodlinkFBHoldingsIPO #FoodlinkIPOdraftSEBI #FoodlinkFBHoldingsIPOSEBI Chandigarh: Foodlink F&B Holdings (India) Ltd, a premium food services and restaurant company, has officially filed its draft red herring prospectus (DRHP) with the Securities and Exchange Board of India (SEBI), marking a key milestone in its growth journey as it prepares to raise funds through an Initial Public Offering (IPO). The proposed IPO will include a fresh issue of equity shares worth up to ₹160 crore and an offer for sale (OFS) of over 1.19 crore equity shares by the company's promoters and early investors. The equity shares are proposed to be listed on the…

02 Jul

Bank of Baroda Clinches Prestigious Gold Award at National MSME Impact Awards 2025

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#BankofBaroda #BankofBarodaGoldAward #BOBMSMEImpactAwards2025 #BOB #MSME #MSMEmpactAwards2025 Chandigarh: In a landmark recognition of its unwavering commitment to the growth and empowerment of India's Micro, Small and Medium Enterprises (MSME) sector, Bank of Baroda (BoB), one of India’s largest and most trusted public sector banks, has been conferred the Gold Award in the Public Sector Bank category at the National MSME Impact Awards 2025. The awards were organized by the India SME Forum, the country’s leading not-for-profit organization focused on promoting the interests of over 98,200 MSMEs, including more than 9,400 women-led enterprises. The award ceremony was held in New Delhi and…

02 Jul

ICICI Home Finance Announces Revised Interest Rates on Deposits Effective July 1, 2025

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#ICICIHomeFinance #ICICIHomeFinRevisedInterestRates #ICICIHomeFinnewrates Chandigarh: ICICI Home Finance has revised the interest rates on its fixed deposits (FDs), effective from July 1, 2025. The new rates apply to both cumulative and non-cumulative deposit schemes for the general public. The revised rates for fixed deposits with a tenure of 39 months and 45 months are as follows: · For the 39-month tenure, the interest rate for cumulative deposits is 7.20%, while non-cumulative deposit options offer up to 7.80%. · For the 45-month tenure, cumulative deposit rates stand at 7.30%, with non-cumulative deposit options offering 8.06%. Additionally, senior citizens are offered a 0.35%…

01 Jul

Bajaj Allianz Life Launches ‘Nifty 500 Multifactor 50 Index Fund’ for ULIP Customers

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#BajajAllianzLife #BajajAllianzLifeULIPFund #BajajAllianzLifeNifty500Multifactor50IndexFund #Nifty500Multifactor50IndexFund #ULIPCustomers #ULIPFUND A New-Age Passive Strategy for Smarter Investing Chandigarh: In a move to bring smart, data-driven investing to policyholders, Bajaj Allianz Life, one of India’s leading private life insurers, has launched a new fund offering under its Unit-Linked Insurance Plan (ULIP) portfolio — the Bajaj Allianz Life Nifty 500 Multifactor 50 Index Fund. The New Fund Offer (NFO) is open from 1st July to 14th July 2025, available exclusively through the company’s ULIP products. This innovative fund aims to offer investors a dual benefit: long-term capital appreciation through equity market exposure and the protection of life insurance coverage…

01 Jul

Upgrade Your Wardrobe at Fashion Factory’s “Unbranded to Branded Exchange Festival”-Till July 20

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#FashionFactory #FashionFactoryRIL #FashionFactoryExchangeFestival #FashionFactoryExchangeFestJuly20 Mumbai: If your wardrobe needs a refresh, now’s the perfect time. Fashion Factory, a popular fashion retail format by Reliance Retail, has launched its much-awaited Branded Exchange Festival, inviting shoppers across India to exchange their old, unbranded clothing for discounts on stylish branded fashion. Running from 1st to 20th July 2025, the festival offers shoppers an innovative opportunity: exchange old, unbranded clothes and get rewarded with instant coupons—plus discounts on leading fashion brands. How the Exchange Works The concept is simple and smart: bring your used, unbranded clothes — such as denims, shirts, t-shirts, or kidswear — to…

01 Jul

GST Collections Rise 6.2% YoY in June to ₹1.85 Trillion, But See Dip from May and April Highs

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#GST #GSTIndia #GSTCollectionsupinJune New Delhi: India's Goods and Services Tax (GST) collections for June 2025 stood at ₹1.85 trillion, representing a 6.2% increase compared to the same month last year, according to official data released by the Ministry of Finance. Despite this year-on-year growth, June’s GST revenue reflects a decline from the previous two months. In May 2025, collections reached ₹2.01 trillion, while April recorded an all-time high of ₹2.37 trillion as businesses rushed to close their financial year obligations. Breaking down the figures: Domestic transactions contributed around ₹1.38 trillion to the June total, a 4.6% rise from June 2024.…

01 Jul

Gaja Alternative Asset Management Files Confidential DRHP for IPO

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#GajaAlternativeAMC #GajaAlternativeAMCIPO #GajaAlternativeAMCDRHPSEBI #GajacapitalIPO #IPO Chandigarh, India – In a significant development in India’s alternative investment landscape, Gaja Alternative Asset Management Limited, the entity operating under the well-known brand Gaja Capital, has filed a confidential Draft Red Herring Prospectus (DRHP) with the Securities and Exchange Board of India (SEBI), signaling its intention to launch an Initial Public Offering (IPO). The confidential filing, a route permitted under SEBI’s revised regulations for IPO-bound companies, allows firms to initiate the regulatory process discreetly and fine-tune their offering structure before launching it to the public. This IPO marks a major milestone for Gaja Capital,…

01 Jul

Juniper Green Energy Files DRHP with SEBI to Launch ₹3,000 Crore IPO

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#JuniperGreenEnergy #IPO #JuniperGreenEnergyIPO #JuniperGreenEnergyFilesDRHP #JuniperGreenEnergyIPOSEBI #JuniperGreenEnergy3000CrIPO Chandigarh, India – Juniper Green Energy Limited, one of India’s leading renewable energy players, has taken a significant step toward going public. The company has filed its Draft Red Herring Prospectus (DRHP) with the Securities and Exchange Board of India (SEBI) to raise up to ₹3,000 crore through an Initial Public Offering (IPO). The equity shares will have a face value of ₹10 each and are proposed to be listed on the BSE (Bombay Stock Exchange) and NSE (National Stock Exchange). A Major Player in India’s Renewable Energy Sector According to a report by…

30 Jun

Vedanta Metal Bazaar Crosses ₹40,000 Crore in Sales, Empowers MSMEs with Seamless Digital Access to Non-Ferrous Metals

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#VedantaMetalBazaar #VedantaMetalBazaarCrosses40000CrSales #VedantaMetalBazaarEmpowersMSMEs #MSMEDigitalAccess #MSME Chandigarh: In a significant milestone for India’s metals industry and the digital transformation of procurement, Vedanta Limited (NSE: VEDL), India’s leading conglomerate in critical minerals, energy, and technology, announced that its pioneering e-commerce platform, Vedanta Metal Bazaar, has surpassed a cumulative sales value of ₹40,000 crore (US$4.7 billion). Vedanta Metal Bazaar stands as the world’s largest non-ferrous metals e-store, offering over 1,200 stock-keeping units (SKUs) across key metals including aluminium, copper, zinc, and lead. Launched to democratize access to high-quality industrial metals, the platform has redefined the landscape of metal procurement, particularly for India’s Micro,…

30 Jun

Amir Chand Jagdish Kumar (Exports) Limited Files DRHP with SEBI for ₹550 Crore IPO

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#AmirChandJagdishKumarIPO #ACJKIPO #ACJKIPOFilesDRHPwithSEBI #ACJKIPOfor550Cr #IPO Chandigarh: Amir Chand Jagdish Kumar (Exports) Limited, known for its flagship brand “AEROPLANE”, has filed its Draft Red Herring Prospectus (DRHP) with the Securities and Exchange Board of India (SEBI) to launch an Initial Public Offering (IPO) aggregating up to ₹550 crore. The proposed IPO consists entirely of a fresh issue of equity shares with a face value of ₹10 each, aiming to fuel the company’s next phase of expansion, improve working capital, and support general corporate initiatives. The company is a prominent player in the processing and export of basmati rice, with a diversified…