Business

Capillary Technologies Sets IPO Price Band at ₹549-₹577, Targets ₹877.5 Cr Public Issue

Capillary Technologies Sets IPO Price Band at ₹549-₹577, Targets ₹877.5 Cr Public Issue

#CapillaryTechnologies #IPO #SaaS #LoyaltyManagement #AI #FintechIndia #TrudyHoldings #OfferForSale #FreshIssue #PublicIssue #TechIPO #StockMarketIndia #InvestmentNews Chandigarh:  Capillary Technologies, a leading software product company specializing in Artificial Intelligence (AI)-based cloud-native Software-as-a-Service (SaaS) products for loyalty management, has set the price band for its Initial Public Offering (IPO) at ₹549 to ₹577 per equity share. The public issue, which aims to raise a total of ₹877.5 crore at the upper price band, will open for subscription on November 14, 2025, and close on November 18, 2025. IPO Structure: A Mix of Fresh Issue and OFS The total IPO size is split into two components:…
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PGIM India Launches Multi Asset Allocation Fund: NFO Open to Diversify Portfolios

PGIM India Launches Multi Asset Allocation Fund: NFO Open to Diversify Portfolios

#PGIMIndiaMF #MultiAssetAllocationFund #MAAF #NFO #MutualFundsIndia #DynamicAssetAllocation #Diversification #Equity #Debt #Gold #Silver #REITs #InvITs #InvestmentStrategy #PersonalFinance #RiskAdjustedReturns Chandigarh – PGIM India Asset Management has announced the launch of a new open-ended scheme, the PGIM India Multi Asset Allocation Fund (MAAF). This fund is designed to provide investors with a single-window solution for diversification by dynamically investing across a wide spectrum of asset classes, aiming to deliver long-term capital appreciation while managing downside risk. The New Fund Offer (NFO) is currently open for subscription, having commenced on November 11 and will close on November 25, 2025. The scheme will be available for ongoing…
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Ashok Leyland Q2 PBT up 23% at Rs 1083 Cr, Announces 100% interim dividend of Rs. 1/- per share

Ashok Leyland Q2 PBT up 23% at Rs 1083 Cr, Announces 100% interim dividend of Rs. 1/- per share

#AshokLeyland #Q2Results #RecordPAT #EBITDA #CommercialVehicles #MHCV #LCV #DividendAnnouncement #IndianAuto #HindujaGroup #SwitchMobility #MakeInIndia #ShareholderValue #FinancialResults #BusSegment PAT all-time high of Rs 771 Cr, EBITDA up at 12.1% Chandigarh: Ashok Leyland, the Indian flagship of the Hinduja Group, reported Profit (before exceptional items and tax) of Rs. 1,083 Cr for the quarter, growing at 23% over the same period last year (Rs 878 Cr). The EBITDA for the quarter was up at 12.1% (Rs. 1162 Cr) as against 11.6% (Rs. 1017 Cr) in the corresponding period last year. Both MHCV and LCV industry witnessed positive growth in Q2. Ashok Leyland volume in Q2…
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Tenneco Clean Air India Secures Massive ₹1,080 Cr Anchor Book Ahead of ₹3,600 Cr IPO

Tenneco Clean Air India Secures Massive ₹1,080 Cr Anchor Book Ahead of ₹3,600 Cr IPO

#TennecoCleanAirIPO #AutoComponents #IPOIndia #AnchorInvestors #OfferForSale #CleanAirSolutions #Automotive #MakeInIndia #BSVI #EmissionNorms #StockMarket #MarketLeadership #InvestmentNews Mumbai – Tenneco Clean Air India, the US-based Tenneco Group-backed automotive component manufacturer, has commenced the public subscription phase of its ₹3,600 crore Initial Public Offering (IPO) today, following a highly successful anchor book placement. The company, a dominant player in India’s emission control and ride performance systems market, raised ₹1,080 crore from a diverse mix of 58 anchor investors on Tuesday, November 11. The IPO, which is structured entirely as an Offer-for-Sale (OFS) by the promoter, Tenneco Mauritius Holdings, will be open for public bidding from November…
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PPFAS Mutual Fund Enters Large-Cap Arena with New Flagship Offering

PPFAS Mutual Fund Enters Large-Cap Arena with New Flagship Offering

#PPFAS #ParagParikhLargeCapFund #LargeCapFund #MutualFundsIndia #NewFundLaunch #NFO #ValueInvesting #IndianStockMarket #Nifty100 #GlobalExposure #FinancialNews #InvestmentStrategy #StockMarketIndia #WealthCreation #EquityInvesting Mumbai – In a move that signals both expansion and a renewed focus on core equity segments, PPFAS Mutual Fund, known for its distinct long-term, value-oriented investment philosophy, has announced the impending launch of a new scheme: the Parag Parikh Large Cap Fund (PPLCF). The fund house, which has successfully managed a compact product suite, anchored by its flagship ₹1.25 lakh crore (as of October 2025) Parag Parikh Flexi Cap Fund, is marking its entry into the highly competitive large-cap equity segment. The PPLCF will primarily…
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KSSL Secures Major Underwater Systems Contract from Indian MoD

KSSL Secures Major Underwater Systems Contract from Indian MoD

#KalyaniStrategicSystems #KSSL #BharatForge #IndianNavy #IndianMoD #DefenceContracts #UnderwaterSystems #MakeInIndia #AatmanirbharBharat #DefenceNews #FastTrackProcurement #MaritimeSecurity #UnmannedSystems #DefenceTech #SecurityOfSeas Chandigarh – Kalyani Strategic Systems Ltd. (KSSL), a wholly-owned subsidiary of Bharat Forge Limited, has secured significant contracts from the Indian Ministry of Defence (MoD) valued at over ₹2,500 million (₹250 crores) for the supply of advanced underwater systems. The contracts, formally signed on November 10, 2025, mandate delivery within a year, aligning with the MoD's Fast Track procurement norms. This crucial timeline means the systems must be supplied by November 2026, underlining the urgent and mission-critical nature of the Indian Navy's requirements. KSSL has rapidly…
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SIP Inflows Hit All-Time High Despite Moderating Equity Flows in October

SIP Inflows Hit All-Time High Despite Moderating Equity Flows in October

#SIP #MutualFunds #IndianEconomy #MarketUpdate #FinanceNews #Investing #EquityFlows #RetailInvestors #AllTimeHigh #FinancialPlanning Chandigarh: Systematic Investment Plan (SIP) inflows reached a new peak of ₹29,529 crore in October, slightly higher than the ₹29,361 crore recorded in September. This consistent momentum underscores the stability and continued growth of retail participation in the mutual fund industry. Key Highlights of October Mutual Fund Data Metric October Value September Value Change Interpretation SIP Inflows ₹29,529 crore ₹29,361 crore +0.57% All-time high; reflects stable retail investor commitment. Equity MF Inflows ₹24,671 crore ₹30,405 crore -19% Net inflows moderated due to profit-booking and fund reallocation. Total AUM ₹79.87 lakh…
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IHCL Signs ‘Tree of Life’ Resort in Panheli, Maharashtra, Featuring Private Airstrip

IHCL Signs ‘Tree of Life’ Resort in Panheli, Maharashtra, Featuring Private Airstrip

#IHCL #TreeOfLifeResort #Panheli #MaharashtraTourism #LuxuryTravel #HospitalityNews #Raigad #SahyadriHills #AeroVillage #DrivableGetaways Chandigarh: Indian Hotels Company (IHCL), India’s largest hospitality company, today announced the signing of a Tree of Life resort in Panheli, Raigad, Maharashtra. This marks a conversion project aimed at capturing the growing demand for quick, drivable leisure escapes near major metropolitan cities. 🏞️ Strategic Location and Brand Ethos Panheli, nestled amidst the picturesque Sahyadri hills, is emerging as a sought-after getaway for travelers from Mumbai and Pune. Ms. Suma Venkatesh, Executive Vice President – Real Estate & Development, IHCL, highlighted the strategy: “Panheli is poised for significant growth... The…
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Department of Consumer Affairs Proposes for mandatory ‘Country of Origin’ filter on E-Commerce platforms

Department of Consumer Affairs Proposes for mandatory ‘Country of Origin’ filter on E-Commerce platforms

#CountryOfOrigin #ECommerce #ConsumerAffairs #LegalMetrology #AtmanirbharBharat #VocalForLocal #DigitalIndia #GovernmentProposal #ConsumerRights #MadeInIndia New Delhi: The Department of Consumer Affairs, Government of India, has issued the Draft Legal Metrology (Packaged Commodities) (Second) Amendment Rules, 2025, proposing to make it mandatory for e-commerce platforms to provide searchable and sortable filters based on the 'Country of Origin' for packaged commodities sold online. This will enhance consumer empowerment and transparency in online shopping. This amendment seeks to empower consumers to make informed purchasing decisions by allowing them to easily identify the origin of products while shopping online. The proposed feature will enable consumers to search and…
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HDFC Mutual Fund Launches Scheme Tracking BSE India Sector Leaders Index

HDFC Mutual Fund Launches Scheme Tracking BSE India Sector Leaders Index

#HDFCMutualFund #IndexFund #NFO #BSEIndia #SectorLeaders #PassiveInvesting #IndianEquity #MarketLeaders #Diversification #InvestmentGoals Mumbai: HDFC Mutual Fund has announced the launch of the HDFC BSE India Sector Leaders Index Fund, an open-ended scheme that provides investors with a focused yet diversified investment route into India’s equity markets. This new passive fund is designed to replicate the performance of the BSE India Sector Leaders Index (Total Return Index, TRI). The New Fund Offer (NFO) is currently open for subscription and will close on November 21. Strategy: Investing in the Best of the Best The core strategy of the fund is rooted in the construction…
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