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MNRE Clarifies: No Halt on New RE Financing; Calls for Calibrated Capital Deployment in Solar Manufacturing
07 Dec

MNRE Clarifies: No Halt on New RE Financing; Calls for Calibrated Capital Deployment in Solar Manufacturing

MFNews0 CommentsBrands, Breaking News, Health, Opinions, Technology
MNRE Reaffirms Commitment to Strengthening India’s Position in the Global Solar Value Chain No Advisory Has Been Issued to Pause or Halt New RE Financing #MNRE #RenewableEnergy #SolarIndia #GreenFinancing #SolarManufacturing #AtmanirbharBharat #CleanEnergy #PLIScheme #ClimateAction #IndiaEnergy #SolarPV #NonFossilFuel #MakeInIndia #Sustainability New Delhi: India has already achieved 50% of its installed electricity capacity from non-fossil fuel sources, five years ahead of the target set under its Nationally Determined Contributions to the Paris Agreement. As of 31 October 2025, the installed capacity from non-fossil sources stands at about 259 GW, with 31.2 GW added in the current financial year up to October 2025.…
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Snapdeal Parent AceVector Files Updated DRHP for IPO: Targets Rs 300 Crore Fresh Issue Amid Financial Turnaround
07 Dec

Snapdeal Parent AceVector Files Updated DRHP for IPO: Targets Rs 300 Crore Fresh Issue Amid Financial Turnaround

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#AceVector #Snapdeal #IPO #StockMarketIndia #KunalBahl #SoftBank #EcommerceNews #SEBI #BusinessNews #Investment #StartupIndia #FinancialResults #Unicommerce #TechNews #IndianEconomy #MarketUpdate #InitialPublicOffering Chandigarh: – AceVector Limited, the parent entity housing the well-known e-commerce marketplace Snapdeal, has officially moved one step closer to its public market debut. The company, promoted by industry veterans Kunal Bahl and Rohit Kumar Bansal alongside SoftBank subsidiary Starfish, filed its Updated Draft Red Herring Prospectus (UDRHP) with the Securities and Exchange Board of India (SEBI) on December 6. This filing marks a decisive moment for the Gurgaon-based digital commerce giant, as it seeks to raise funds through an Initial Public Offering (IPO)…
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Malabar Gold & Diamonds Expands Luxury Footprint in Chandigarh with Grand Opening at Nexus Elante Mall
07 Dec

Malabar Gold & Diamonds Expands Luxury Footprint in Chandigarh with Grand Opening at Nexus Elante Mall

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Malabar Gold & Diamonds unveils new showroom at Nexus Elante Mall, Chandigarh Second showroom in Chandigarh and 44th in North India brings signature collections to a premier retail destination #MalabarGoldAndDiamonds #Chandigarh #NexusElanteMall #NewShowroom #JewelleryLaunch #LuxuryRetail #NorthIndia #GoldJewellery #DiamondJewellery #GrandOpening #RetailNews Chandigarh: Malabar Gold & Diamonds announced the grand opening of its new showroom at Nexus Elante Mall, Chandigarh. This is the brand’s second showroom in the city and its 44th in the North region, further strengthening its presence in a key growth market. The showroom was inaugurated in the presence of Smt. Harpreet Kaur Babla, Mayor, Municipal Corporation Chandigarh, and…
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India’s EV Revolution Accelerates: Robust Policy Push to Build Charging Backbone
06 Dec

India’s EV Revolution Accelerates: Robust Policy Push to Build Charging Backbone

MFNews0 CommentsBrands, Breaking News, Business, Opinions, Technology, Travel
#EVMobilityIndia #PME_DRIVE #ElectricVehicles #CleanEnergyTransition #ChargingInfrastructure #PLISchemes #MadeInIndiaEV #EBusSewa #GoElectric New Delhi: — India’s ambition to drive an electric mobility revolution is gaining significant momentum, backed by a multi-pronged strategy that spans manufacturing incentives, public transport electrification, and a crucial expansion of the national charging network. This comprehensive push, driven by the Ministry of Heavy Industries (MHI) and the Ministry of Power, was detailed in the Rajya Sabha today by Minister of State for Heavy Industries, Shri Bhupathiraju Srinivasa Varma. Charging Infrastructure Skyrockets Addressing the persistent concern of "range anxiety," the government is rapidly building a robust charging ecosystem. As per inputs…
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Government Imposes Airfare Caps to Combat ‘Opportunistic Pricing’ Amid IndiGo Crisis
06 Dec

Government Imposes Airfare Caps to Combat ‘Opportunistic Pricing’ Amid IndiGo Crisis

MFNews0 CommentsBrands, Breaking News, Opinions, Technology, Travel
#AirfareCaps #MoCAAction #IndiGoCrisis #AviationChaos #FlightCancellations #PriceRegulation #PassengerProtection #IndianAviation #TravelUpdate #GovtIntervention New Delhi: — In a major intervention to protect distressed passengers, the Ministry of Civil Aviation (MoCA) today invoked its regulatory powers to immediately cap airfares on all domestic routes affected by the widespread operational crisis at IndiGo, India’s largest airline. The move comes in response to public outcry and real-time data showing "unusually high airfares" being charged by certain carriers, constituting what the Ministry termed "opportunistic pricing." The crisis, triggered primarily by IndiGo's massive wave of flight cancellations—estimated to be over 1,000 flights on Friday alone due to an acute…
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Corona Remedies Secures ₹195 Crore from Anchor Investors Ahead of ₹655-Crore IPO
06 Dec

Corona Remedies Secures ₹195 Crore from Anchor Investors Ahead of ₹655-Crore IPO

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#CoronaRemedies #IPO #AnchorInvestor #Pharmaceuticals #OFS #StockMarketIndia #Dec8IPO #Healthcare #DalalStreet #QIB #SBI #ICICIPru #KotakAMC Mumbai: The pharmaceutical sector is buzzing as Corona Remedies Limited successfully raised nearly ₹195 crore from anchor investors on December 5, two days before its Initial Public Offering (IPO) opens for public subscription. The company, which is valued at ₹6,495 crore at the upper end of the price band, is gearing up for its market debut on December 15. The pharmaceutical formulation company, which focuses on women's healthcare, cardio-diabeto, pain management, and urology, allocated 18.34 lakh shares to the anchor investors at the upper price band of…
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Home Furnishings Giant Wakefit Innovations Mobilises ₹580 Cr via Anchor Book Ahead of IPO
06 Dec

Home Furnishings Giant Wakefit Innovations Mobilises ₹580 Cr via Anchor Book Ahead of IPO

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#WakefitIPO #AnchorBook #D2C #HomeFurnishings #StockMarket #IPOIndia #PeakXVPartners #AnkitGarg #ChaitanyaRamalingegowda #DalalStreet #Dec8IPO Mumbai: Bengaluru-based Direct-to-Consumer (D2C) home and furnishings major, Wakefit Innovations, has successfully concluded its anchor book placement, raising ₹580 crore from institutional investors. The strong institutional interest was confirmed with the allotment of 2.97 crore equity shares at the upper end of the price band, ₹195 per share, on December 5. The anchor book placement, which saw participation from 33 institutional investors, is a significant confidence booster just days before the company's Initial Public Offering (IPO) opens for public subscription. Key IPO Details and Timeline The ₹1,289-crore IPO by…
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ICICI Prudential AMC IPO to Launch December 12: A Pure OFS by Prudential Corp
06 Dec

ICICI Prudential AMC IPO to Launch December 12: A Pure OFS by Prudential Corp

MFNews0 CommentsBrands, Breaking News, Business, Mutual Funds, Shares, Technology
#ICICIPruAMC #IPO #StockMarket #ICICIPrudential #OfferForSale #OFS #PrudentialCorp #IndianStockMarket #FinanceNews #MutualFunds #ICICIBank #NSE #BSE #Dec19Listing #QAAUM #IndianEconomy Chandigarh: ICICI Prudential Asset Management Company (ICICI Prudential AMC), one of India's leading asset managers, is set to launch its highly anticipated Initial Public Offering (IPO) on December 12. The company, a joint venture between ICICI Bank and UK-based Prudential Corporation Holdings, filed its Red Herring Prospectus (RHP) with the Registrar of Companies for the public float. While the final offer size is yet to be officially disclosed, market reports suggest the IPO could be a major fundraising event, potentially targeting around Rs 10,000…
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हरियाणा में जियो एयर फाइबर और जियो फाइबर का जलवा
06 Dec

हरियाणा में जियो एयर फाइबर और जियो फाइबर का जलवा

MFNews0 CommentsBrands, Breaking News, Business, Entertainment, Shares, Technology
#JioAirFiber #JioFiber #DigitalHaryana #JioDominates #Haryana #HighSpeedInternet #5GCustomerBase #RelianceJio #BroadbandRevolution #DigitalIndia हरियाणा भर में जियो ने 5 लाख से अधिक परिसरों को जियो एयर फाइबर और जियो फाइबर सेवाओं से जोड़ कर अपनी नंबर 1 पोजीशन को और मज़बूत किया चंडीगढ़: रिलायंस जियो ने हरियाणा भर में 5.14 लाख परिसरों को जियो एयर फाइबर और जियो फाइबर से जोड़ दिया है। यह सेवाएं क्रमशः इसकी फिक्स्ड वायरलेस एक्सेस (एफडब्ल्यूए) और वायरलाइन हाई-स्पीड ब्रॉडबैंड सेवाएं हैं । यह आंकड़े अक्टूबर 2025 की भारतीय दूरसंचार नियामक प्राधिकरण (ट्राई) की नवीनतम ग्राहक डेटा रिपोर्ट के अनुसार हैं । ट्राई के आंकड़ों के अनुसार, 31…
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Gaja Capital Files Updated DRHP for ₹656 Crore IPO: A First for Indian PE
05 Dec

Gaja Capital Files Updated DRHP for ₹656 Crore IPO: A First for Indian PE

MFNews0 CommentsBrands, Breaking News, Business, Mutual Funds, Shares
#GajaCapitalIPO #PrivateEquity #AIFIndia #IndianMarkets #CapitalMarkets #SEBI #FirstPEListing #AlternativeInvestments #IPOAlert Mumbai, India — Gaja Alternative Asset Management Limited, operating under the brand name Gaja Capital, a prominent homegrown private equity firm, has taken a decisive step towards becoming the first standalone Indian-origin PE firm to list publicly. The company filed its Updated Draft Red Herring Prospectus (UDRHP) with the Securities and Exchange Board of India (SEBI) on December 4, 2025, to raise up to ₹656.2 crore through an Initial Public Offering (IPO). This public filing follows SEBI's approval of the firm's initial confidential DRHP, which it had utilized under the market…
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