Business

Avaada Electro Files Confidential DRHP for ₹10,000 Crore IPO Amid India’s Renewable Manufacturing Push

Avaada Electro Files Confidential DRHP for ₹10,000 Crore IPO Amid India’s Renewable Manufacturing Push

#AvaadaElectroIPO #RenewableEnergyIndia #SolarManufacturing #GreenEnergyInvesting #BrookfieldBacked #CleanEnergyGrowth #IPOUpdate #MakeInIndia #EnergySecurity #SolarPV #TOPConTechnology #NetZeroIndia #SustainableFinance Chandigarh: In a major boost to India’s renewable manufacturing ambitions, Avaada Electro Private Limited, the solar manufacturing arm of the Brookfield-backed Avaada Group, has quietly filed a confidential Draft Red Herring Prospectus (DRHP) with the Securities and Exchange Board of India (SEBI) for an anticipated initial public offering (IPO) estimated at ₹9,000–₹10,000 crore. This strategic move signals the company’s aggressive expansion into the high-efficiency solar manufacturing segment and aligns with India’s long-term goal of becoming a global leader in clean-energy technologies. IPO to Fund Large-Scale Solar Manufacturing…
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HDFC Mutual Fund Resumes Full Subscriptions in Silver ETF Fund of Fund, Bringing Relief to Investors

HDFC Mutual Fund Resumes Full Subscriptions in Silver ETF Fund of Fund, Bringing Relief to Investors

#HDFCMutualFund #SilverETF #InvestmentNews #MutualFundsIndia #InvestorUpdate #SilverPrices #CommodityInvestment #WealthManagement #FinancialPlanning #MarketStability #SIPInvestments #InvestmentAlert #SilverFunds #PortfolioDiversification Chandigarh: In a significant development for mutual fund investors, HDFC Mutual Fund has lifted its temporary cap on fresh investments in the HDFC Silver ETF Fund of Fund (FoF). The move comes as a major relief to retail investors, financial planners and market participants who were affected by the earlier restriction of ₹1 lakh per PAN per day, imposed on October 14 due to soaring silver prices and supply disruptions in the domestic market. Why the Restriction Was Imposed The investment cap was introduced amid heightened…
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PFRDA Issues Consultation Paper to Align Valuation Norms with Long-Term Pension Objectives

PFRDA Issues Consultation Paper to Align Valuation Norms with Long-Term Pension Objectives

#PFRDA #NPS #APY #PensionReforms #FinancialStability #GovernmentSecurities #NAVCalculation #PensionFunds #ConsultationPaper #LongTermInvestments #InvestorProtection #InfrastructureGrowth #StakeholderEngagement #RetirementPlanning #CapitalFormation #FinancialGovernance #IndiaEconomy #MarketTransparency #PublicFeedback #RegulatoryUpdates New Delhi: The Pension Fund Regulatory and Development Authority (PFRDA) has released a detailed consultation paper proposing a revised valuation framework for Government Securities held under the National Pension System (NPS) and Atal Pension Yojana (APY). The objective is to align valuation practices with the long-term, “buy-and-hold” nature of pension investments and improve transparency in the calculation of Net Asset Value (NAV). Titled “Alignment of Valuation Guidelines with the Core Objectives of Long-Only Pension Funds”, the paper suggests a dual…
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Isha Ambani Dazzles as Co-Chair at Inaugural British Museum Pink Ball Celebrating Indian Heritage

Isha Ambani Dazzles as Co-Chair at Inaugural British Museum Pink Ball Celebrating Indian Heritage

#IshaAmbani #PinkBallLondon #BritishMuseum #AncientIndiaExhibition #AbuJaniSandeepKhosla #IndianCraftsmanship #LuxuryCouture #CulturalDiplomacy #MakeInIndia #GlobalHeritage London, UK: The prestigious British Museum hosted its inaugural Pink Ball in London, marking a historic cultural moment as it coincided with the acclaimed exhibition “Ancient India: Living Traditions.” The event was co-chaired by Isha Ambani alongside Nicholas Cullinan, Director of The British Museum, highlighting India’s deep cultural influence and artistic legacy on a global stage. The Pink Ball celebrated creative dialogue between India and the world, showcasing the country’s rich craftsmanship, heritage textiles, and artistic innovation. Isha Ambani, known globally for championing Indian art and artisans, embodied the essence…
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Meesho IPO Buzz: E-commerce Giant Files Updated Draft Papers, Eyes Major Public Debut

Meesho IPO Buzz: E-commerce Giant Files Updated Draft Papers, Eyes Major Public Debut

#MeeshoIPO #SEBI #FreshIssue #OFS #ViditAatrey #SanjeevKumar #IndianTechIPO #ElevationCapital #PeakXVPartners #ValueEcommerce Bengaluru, India - E-commerce platform Meesho Ltd. has taken a definitive step towards its highly anticipated Initial Public Offering (IPO), filing an updated Draft Red Herring Prospectus (UDRHP) with the Securities and Exchange Board of India (SEBI). The move signals the company's readiness for a major public market listing, expected to be a significant event in the Indian e-commerce space. The proposed IPO structure is a blend of a fresh issue of equity shares and an Offer for Sale (OFS) by existing stakeholders. The fresh issue is slated to raise…
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जियो ने भारतीय सेना की चिनार कोर और वज्र डिवीजन के साथ मिलकर कश्मीर के गुरेज में लगाए 5 नए टावर

जियो ने भारतीय सेना की चिनार कोर और वज्र डिवीजन के साथ मिलकर कश्मीर के गुरेज में लगाए 5 नए टावर

दिवाली पर भारतीय सैनिकों को कनेक्टिविटी का तोहफा #DigitalBorder #Jio5G #IndianArmy #GurezConnectivity #DiwaliGiftForSoldiers #DigitalIndia #AtmanirbharBharat #HighAltitude5G #SiachenToGurez #BorderCommunication • अग्रिम चौकियों पर 13 हजार फीट पर लगाए टावर • 16 हजार फुट की ऊंचाई पर सियाचिन ग्लेशियर में भी जियो ने सबसे पहले शुरू की थी सेवा • जियो ने अपनी स्वदेशी फुल-स्टैक 5G टेक्नोलॉजी का किया है इस्तेमाल कश्मीर: रिलायंस जियो ने कश्मीर के बांदीपोरा स्थित गुरेज रीजन के सुदूर इलाकों में अपनी सर्विस शुरू कर दी है। रिलायंस जियो और भारतीय सेना ने साथ मिलकर पांच नए टावर लगाए हैं। ‘कुपवाड़ा सेंटिनल्स' ने सोशल मीडिया प्लेटफार्म X पर…
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CoverSure Launches ₹5 Firecracker Insurance to Ensure a Safe and Secure Diwali 2025

CoverSure Launches ₹5 Firecracker Insurance to Ensure a Safe and Secure Diwali 2025

#Diwali2025 #FirecrackerInsurance #CoverSure #FestivalSafety #MicroInsurance #AffordableInsurance #AccidentalCover #BurnProtection #DigitalInsurance #InsurtechIndia Chandigarh: As India prepares to celebrate Diwali 2025 with joy and grandeur, concerns around firecracker-related accidents continue to rise. In a move aimed at providing financial security and peace of mind to millions of families, CoverSure, a fast-growing insurtech platform in India, has launched a special Firecracker Insurance plan priced at just ₹5. This seasonal micro-insurance policy offers protection against accidental death and fire-related burn injuries during the festive period, making it one of the most affordable safety solutions this Diwali. This launch comes shortly after a similar offering from…
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जियो का लाभ 12.8 फीसदी बढ़कर 7,379 करोड़ हुआ

जियो का लाभ 12.8 फीसदी बढ़कर 7,379 करोड़ हुआ

#JioRecordProfit #Jio5G #AkashAmbani #DigitalIndia #TelecomGrowth #JioSubscribers #IndianTelecom #MadeInIndiaTechnology #JioAirFiber • जियो नेटवर्क ने कुल 58.4 अरब जीबी डेटा ट्रैफिक हैंडल किया • वॉयस ट्रैफिक 1.5 ट्रिलियन मिनिट्स दर्ज किया गया • वायरलेस डेटा ट्रैफ़िक में 5G का हिस्सा अब लगभग 50% हो गया है मुंबई: वित्त वर्ष 2025-26 की दूसरी तिमाही में जियो ने कुल 7,379 करोड़ का लाभ कमाया है। जो पिछले वर्ष की समान तिमाही के मुकाबले 12.8 फीसदी ज्यादा है। जियो प्लेटफॉर्म्स का EBIDTA भी 17.7% वर्ष दर वर्ष आधार पर बढ़कर ₹18,757 करोड़ दर्ज हुआ। जियो के कुल ग्राहकों की संख्या इस तिमाही 83 लाख बढ़…
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Škoda Auto India Reignites Performance Legacy with the All-New Octavia RS – Sold Out in Just 20 Minutes

Škoda Auto India Reignites Performance Legacy with the All-New Octavia RS – Sold Out in Just 20 Minutes

#SkodaOctaviaRS #OctaviaRS2025 #SkodaIndia #PerformanceSedan #LuxuryOnWheels #CarLaunchIndia #AutoNews #SportsSedan #DrivingPassion #LimitedEditionCars #AutomobileLegacy Chandigarh: In a momentous celebration of Škoda Auto India's 25-year journey, the company has reintroduced one of its most revered performance icons – the all-new Octavia RS. Launched as a Fully Built Unit (FBU) in limited numbers, the Octavia RS has once again captured the imagination of automobile enthusiasts across the country. Demonstrating its unmatched popularity, the vehicle was sold out within just 20 minutes of opening pre-bookings, underscoring the cult-like following the RS badge commands in India. Commenting on this remarkable milestone, Ashish Gupta, Brand Director, Škoda Auto…
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JioFinance Announces Festive Dhanteras & Diwali Offer on Jio Gold: 2% Free Gold and Prizes Worth ₹10 Lakh Up for Grabs

JioFinance Announces Festive Dhanteras & Diwali Offer on Jio Gold: 2% Free Gold and Prizes Worth ₹10 Lakh Up for Grabs

#JioGold #JioFinance #DhanterasOffer #Diwali2025 #DigitalGold #GoldInvestment #FestiveOffers #24KGold #WealthManagement #JioApps #SmartInvestment #FinancialInclusion #MakeEveryGramCount Mumbai: In a bid to tap into the festive enthusiasm and traditional significance of purchasing gold during Dhanteras and Diwali, JioFinance has launched its exclusive festive campaign – Jio Gold 24K Days. The limited-time offer provides customers an opportunity to receive 2% free digital gold along with a chance to win prizes worth ₹10 lakh, making this festive season even more rewarding for investors and households alike. Gold buying during Diwali is deeply rooted in Indian culture, symbolising prosperity, wealth, and auspicious beginnings. Recognizing this sentiment, JioFinance…
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