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Vedanta Resources $500 Mn Bond Issue Gets 3x Oversubscription; Company Strengthens Debt Profile
03 Oct

Vedanta Resources $500 Mn Bond Issue Gets 3x Oversubscription; Company Strengthens Debt Profile

MFNewsBrands, Breaking News, Business, Shares, Technology, Travel
#VedantaResources #BondIssue #Oversubscription #DebtProfile #CapitalMarkets #CorporateFinance #GlobalInvestment #FinanceNews #DebtReduction #Deleveraging #CreditRatings ·         Final orders of over US$1.6 billion, 3x oversubscription from existing as well as new set of investors across APAC, EMEA and the US. ·         With this offering, Vedanta has raised US$3.6 billion from international bond markets in the last 14 months. Chandigarh: Vedanta Resources Finance II plc, a subsidiary of Vedanta Resources Limited, said in an exchange filing that its US$500 million bond issue attracted bids exceeding US$1.6 billion, more than triple the issue size. “The bonds received final orders of over US$1.6 billion, recording more than 3x…
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Commtel Networks Files DRHP for ₹900 Crore IPO Focused on Critical Infrastructure
02 Oct

Commtel Networks Files DRHP for ₹900 Crore IPO Focused on Critical Infrastructure

MFNewsBrands, Breaking News, Business, Health, Shares, Technology, Travel
#CommtelNetworks #IPO #DRHP #iTSS #CriticalInfrastructure #OFS #SEBI #OilAndGas #PowerSector Chandigarh: Commtel Networks Limited, a specialist in designing, building, and implementing integrated telecommunication, security, and safety (iTSS) systems for critical national infrastructure (CNI) facilities, has filed its Draft Red Herring Prospectus (DRHP) with SEBI to launch an Initial Public Offering (IPO). The company primarily serves the crucial oil and gas and power sectors. IPO Structure and Offr Details The proposed IPO is set to raise up to ₹900 Crores (₹9,000.00 million), making it a significant offering in the technology solutions space. Component Aggregation Amount (Up to) Purpose Fresh Issue ₹150 Crores…
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⚡ Sterlite Electric Limited Files DRHP for IPO
02 Oct

⚡ Sterlite Electric Limited Files DRHP for IPO

MFNewsBrands, Breaking News, Business, Opinions, Shares, Technology, Travel
#SterliteElectric #IPO #DRHP #VedantaGroup #PowerTandD #RenewableEnergy #IndianMarket #CapitalMarkets #OPGW Chandigarh: Sterlite Electric Limited (formerly Sterlite Power Transmission Limited), a part of the Vedanta Group, has filed its Draft Red Herring Prospectus (DRHP) with the Securities and Exchange Board of India (SEBI) for an Initial Public Offering (IPO). The filing positions the company, a key player in the Power Transmission and Distribution (Power T&D) sector, to capitalize on India's massive renewable energy integration plans. IPO Structure and Utilization The total IPO size comprises the issuance of up to 15,589,174 equity shares. Component Share Count (Up to) Promoters Participating Fresh Issue 7,793,371…
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Mahindra Farm Equipment Business sells 64,946 Tractor Units in September25, Records 50% Growth in Domestic Sales
02 Oct

Mahindra Farm Equipment Business sells 64,946 Tractor Units in September25, Records 50% Growth in Domestic Sales

MFNewsBrands, Breaking News, Business, Shares, Technology, Travel
#MahindraTractor #TractorSales #FarmEquipment #50PercentGrowth #NavratriSales #Agriculture  Chandigarh: Mahindra & Mahindra Ltd.’s Farm Equipment Business (FEB), part of the Mahindra Group, today announced its tractor sales numbers for September 2025. Domestic sales in September 2025 were at 64,946 units, as against 43,201 units in September 2024, reflecting a 50% year-on-year growth, on account of the benefit of GST reduction to customers and preponement of Navratri to September this year compared to last year’s festive period. Total tractor sales (Domestic + Exports) during September 2025 were at 66,111 units, as against 44,256 units for the same period last year. Exports for the…
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Godrej reinforces its consumer commitment with innovative AI-Powered Wash Care Technology
02 Oct

Godrej reinforces its consumer commitment with innovative AI-Powered Wash Care Technology

MFNewsBrands, Breaking News, Business, Entertainment, Health, Opinions, Shares, Technology, Travel
#GodrejAppliances #AIPoweredTech #WashingMachine #FestiveGrowth #SmartHome #TurbiditySensing #MadeInIndia #ConsumerTech ~ Targets 40% growth in the overall washing machine category and 60% in the premium front load segment in this festive season Chandigarh: In line with its vision to deliver meaningful innovation that enhances everyday living, the Appliances Business of Godrej Enterprises Group (GEG) has unveiled a new advancement in its front load washing machine portfolio, the AI-Powered Turbidity Sensing Technology. This launch reflects GEG’s continued focus on solving real consumer challenges through intelligent and sustainable technology. By addressing the often-overlooked issue of excess detergent residue in laundered clothes, the company aims…
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Augmont Enterprises Limited files DRHP with SEBI for its Rs 800 Crore IPO
02 Oct

Augmont Enterprises Limited files DRHP with SEBI for its Rs 800 Crore IPO

MFNewsBrands, Breaking News, Business, Entertainment, Health, Shares, Technology, Travel
#AugmontIPO #DRHP #SEBI #BullionMarket #DigitalGold #mfnewsdaily  #IndianIPO #₹800Crore #SEBI #PreciousMetals #CapitalMarkets #HighGrowth Mumbai — Augmont Enterprises Limited, a key player in the integrated gold and silver market, has officially filed its Draft Red Herring Prospectus (DRHP) with market regulator SEBI for a substantial Initial Public Offering (IPO) aggregating up to ₹800 Crores. This significant development, a crucial marker for the bullion industry, was first comprehensively reported by mfnewsdaily.in. Capital Infusion to Fuel Explosive Growth The IPO is strategically split into a Fresh Issue of up to ₹620 Crores and an Offer for Sale (OFS) of up to ₹180 Crores. The OFS includes…
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AIR INDIA INAUGURATES INDIA’S FIRST NON-STOP FLIGHT TO THE PHILIPPINES
02 Oct

AIR INDIA INAUGURATES INDIA’S FIRST NON-STOP FLIGHT TO THE PHILIPPINES

MFNewsBrands, Breaking News, Business, Entertainment, Opinions, Shares, Technology, Travel
#AirIndia #DelhiToManila #IndiaPhilippines #NonStopFlights #AviationNews #FlyAI #ConnectingNations #TravelIndia #TravelPhilippines #AirIndiaExpansion #A321LR #AviationMilestone #GlobalConnectivity #TourismGrowth #IndiaPhilippinesRelations ·         Non-stop flights between Delhi and Manila start today ·         Ambassador of the Philippines to India, Josel F. Ignacio, inaugurates the flight at Delhi airport Chandigarh: Air India, India’s leading global airline, today inaugurated India’s first non-stop flight to the Philippines. The inaugural flight to Manila, the capital city of the Philippines, departed from Delhi’s Indira Gandhi International Airport per schedule today. H.E. Josel F. Ignacio, Ambassador of the Philippines to India, and Maria Cynthia P. Pelayo, Minister and Consul General, Embassy of the Philippines…
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TVS Motor Company Achieves its Highest Ever Quarterly Sales in Q2FY26; Crosses 15 Lakh Unit Milestone
02 Oct

TVS Motor Company Achieves its Highest Ever Quarterly Sales in Q2FY26; Crosses 15 Lakh Unit Milestone

MFNewsBrands, Breaking News, Business, Shares, Technology, Travel
#TVSMotor #SalesMilestone #QuarterlyGrowth #AutoIndustry #TwoWheelers #ThreeWheelers #EVGrowth #TVSScooter #TVSMotorcycle #IndianAutomobile #ExportsGrowth #MarketLeader #InnovationOnWheels   Q2FY26 Sales grows by 22% Sales in September 2025 grows by 12% Chandigarh: TVS Motor Company, during the second quarter of the financial year 2025-26, registered the highest ever quarterly sales of 15.07 Lakh units. The two-wheeler of the company registered a growth of 22% with sales increasing from 11.90 Lakh units in Q2FY25 to 14.54 Lakh units in Q2FY26. Three-wheeler of the company registered  a growth of 41% with sales increasing from 0.38 Lakh units in Q2FY25 to 0.53 Lakh units in Q2FY26. Total exports registered…
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NSEIX launches GIFT Nifty50 Zero-Days to Expiry (0DTE) Options
01 Oct

NSEIX launches GIFT Nifty50 Zero-Days to Expiry (0DTE) Options

MFNewsBrands, Breaking News, Business, Entertainment, Mutual Funds, Opinions, Shares, Technology, Travel
- India’s First 0DTE Options on the ‘Nifty 50 Index’ at GIFT IFSC #GIFTNifty50 #0DTEOptions #NSEIX #GIFTIFSC #IndiaDerivatives #Nifty50 #FinTech #Trading #OptionsTrading #FinancialMarkets Chandigarh: NSE International Exchange (NSEIX) is pleased to announce the launch of India’s first Zero Days to Expiry (0DTE) Options on the ‘Nifty 50 Index’ at GIFT IFSC from 13th October 2025. The 0DTE Options contracts are structured with weekly expiries on each day of the week, Monday through Friday. This feature makes NSEIX the first exchange in India to offer international investors such an instrument, designed to meet the needs of modern trading strategies that demand…
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Glottis IPO Closes: ₹307 Crore Logistics Issue Fully Subscribed
01 Oct

Glottis IPO Closes: ₹307 Crore Logistics Issue Fully Subscribed

MFNewsBrands, Breaking News, Business, Opinions, Shares, Technology, Travel
#GlottisIPO #Logistics #IPOIndia #MultimodalLogistics #RenewableEnergy #NSE #BSE #CapitalMarkets Mumbai — The Initial Public Offering (IPO) for Glottis Limited, a Chennai-based multi-modal logistics solutions provider, has closed for subscription today. The ₹307 crore issue, which was open for three days from September 29 to October 1, 2025, has been fully subscribed, driven primarily by interest from institutional and high-net-worth investors. The IPO was a Book Building issue, structured as a combination of a Fresh Issue of shares and an Offer for Sale (OFS) by the promoters. IPO Key Details at a Glance Detail Information Company Glottis Limited (Logistics Solutions Provider) Issue Type…
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