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CCI Approves Stake Acquisition in V.I.P. Industries by Multiples PE Funds and Sacheti Family Members

CCI Approves Stake Acquisition in V.I.P. Industries by Multiples PE Funds and Sacheti Family Members

#VIPIndustries #CCINews #PrivateEquity #MultiplesPE #ConsumerGoods #IndianMarkets #TravelIndustry #LuggageMarket #MergersAndAcquisitions #BusinessNews New Delhi: The Competition Commission of India (CCI) has given its nod for the acquisition of a stake in V.I.P. Industries Limited, India’s leading luggage and travel accessories company, by a consortium of investors including Multiples Private Equity Fund IV, Multiples Private Equity Gift Fund IV, Samvibhag Securities Private Limited, and individual investors Mr. Mithun Padam Sacheti and Mr. Siddhartha Sacheti. The clearance comes as part of India’s competition law framework, which requires approval for significant acquisitions and mergers to ensure that they do not adversely impact market competition. Details…
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TPG-Backed SK Finance Shelves India IPO Amid Weak Investor Demand

TPG-Backed SK Finance Shelves India IPO Amid Weak Investor Demand

#SKFinance #IPOUpdate #TPG #NBFC #IndianMarkets #FinanceNews #IPOMarket #PrivateEquity #CapitalMarkets #InvestorSentiment Mumbai: In a significant setback for the non-banking financial company (NBFC) space, SK Finance Ltd, backed by global private equity giant TPG, has reportedly decided to shelve its much-anticipated ₹2,000+ crore initial public offering (IPO) after weak investor demand. Despite attempts to sweeten the offer by lowering its valuation and trimming the size of the issue, the IPO failed to attract sufficient interest, reflecting broader concerns in India’s capital markets and the lending sector. IPO Plan and Shelving Decision According to sources familiar with the matter, SK Finance had sought…
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CCI Approves Adani Group’s Acquisition of Jaiprakash Associates Limited

CCI Approves Adani Group’s Acquisition of Jaiprakash Associates Limited

#AdaniGroup #JaiprakashAssociates #CCIApproval #InfrastructureIndia #RealEstate #CementSector #CorporateInsolvency #IBC #AdaniEnterprises #IndianEconomy New Delhi: In a significant development in India’s infrastructure and real estate landscape, the Competition Commission of India (CCI) has approved the proposed acquisition of Jaiprakash Associates Limited (JAL) by entities of the Adani Group, paving the way for one of the largest transactions in the sector this year. The deal, which could involve up to 100% shareholding in JAL, underscores Adani’s aggressive expansion strategy across core infrastructure, real estate, and allied businesses. Details of the Transaction The proposed combination involves Adani Enterprises Limited (AEL) — the flagship of the…
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Veritas Finance Delays ₹2,800-Crore IPO as US Tariffs Sour Sentiment for MSMEs

Veritas Finance Delays ₹2,800-Crore IPO as US Tariffs Sour Sentiment for MSMEs

#VeritasFinance #IPOUpdate #MSMEs #NBFC #USIndiaTrade #MarketSentiment #FinancialInclusion #SMECredit #CapitalMarkets #EconomicOutlook Mumbai:Veritas Finance Pvt. Ltd., a non-banking finance company (NBFC) specializing in lending to micro, small, and medium enterprises (MSMEs), has decided to postpone its much-anticipated ₹2,800-crore Initial Public Offering (IPO), citing adverse market sentiment triggered by recent US tariff hikes. The move underscores the vulnerability of India’s MSME-focused lenders to global trade disruptions and rising economic uncertainties. Background: Veritas Finance’s Growth Story Founded in 2015 and headquartered in Chennai, Veritas Finance has built a niche lending model around small entrepreneurs, traders, transport operators, and low-income households. The company provides: Working…
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Globtier Infotech Ltd Launches ₹31-Crore IPO on BSE SME Platform

Globtier Infotech Ltd Launches ₹31-Crore IPO on BSE SME Platform

#GlobtierInfotech #IPO2025 #SMEIPO #BSESME #IndianStockMarket #TechIPO #ITServices #CapitalMarkets #IPOAlert #InvestmentOpportunity #DigitalIndia Mumbai: The primary market in India continues to remain active in 2025, and the latest company preparing to make its debut is Globtier Infotech Ltd, a Noida-based IT services provider. The company has officially launched its Initial Public Offering (IPO) to raise ₹31.05 crore, with shares set to be listed on the BSE SME platform. The issue opens for subscription on August 25, 2025, and will close on August 28, 2025. Shares are expected to debut on the exchange on September 2, 2025. The public issue is expected to…
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SEBI Clears Ardee Engineering’s ₹580-Crore IPO, Company Gears Up for Market Debut

SEBI Clears Ardee Engineering’s ₹580-Crore IPO, Company Gears Up for Market Debut

#ArdeeEngineering #IPO2025 #SEBI #IndianMarkets #CapitalMarkets #StockMarketIndia #EngineeringSector #EPC #InfrastructureGrowth #MakeInIndia #InvestmentOpportunities #DalalStreet Mumbai: In a fresh boost to India’s primary market activity, the Securities and Exchange Board of India (SEBI) has given its approval to Ardee Engineering Limited for launching its ₹580-crore Initial Public Offering (IPO). The nod from the capital markets regulator paves the way for the Hyderabad-based engineering services and project execution company to hit Dalal Street in the coming months, subject to favourable market conditions. The approval comes at a time when investor appetite for new listings has been robust, particularly in the infrastructure, engineering, and manufacturing…
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IPO: Vigor Plast India Launches SME IPO Amid Promising Growth Trajectory

IPO: Vigor Plast India Launches SME IPO Amid Promising Growth Trajectory

#VigorPlastIPO #SMEIPO #NSEEmerge #PVCpipes #uPVC #Manufacturing #CapitalMarkets #IndiaIPO #FinancialGrowth #InvestSmart Mumbai – Vigor Plast India, a Gujarat-based manufacturer specializing in CPVC, uPVC, and PVC pipes and fittings, is entering the public markets with its upcoming SME IPO. The company’s Initial Public Offering opens for subscription from September 4 to September 9, 2025, and will be listed on the NSE EMERGE platform. IPO Structure and Financial Strategy The IPO comprises a fresh issue of approximately 24.99 lakh equity shares alongside an offer-for-sale of up to 6 lakh shares by promoter shareholders, including members of the Kathiriya family. This brings the total shares…
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50% US Tariffs Could Hit Global Trade, Triggering Economic Concerns

50% US Tariffs Could Hit Global Trade, Triggering Economic Concerns

#USTariffs #GlobalTrade #USChinaTrade #EconomicImpact #TradeWar #WorldEconomy #Inflation #InternationalRelations #SupplyChain #Geopolitics Washington – The global economy is bracing for potential turbulence as the United States considers imposing sweeping 50% tariffs on a range of imported goods. This move, aimed at reshaping America’s trade balance and protecting domestic industries, could spark widespread repercussions, affecting supply chains, consumer prices, and international relations. According to reports from the U.S. administration, the proposed tariffs would cover imports from several major trading partners, including China, Mexico, and parts of Europe. Officials argue that the tariffs are necessary to shield American manufacturing, reduce reliance on foreign goods,…
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Maruti Suzuki Unveils eVX Electric SUV: A Landmark Step in India’s EV Journey

Maruti Suzuki Unveils eVX Electric SUV: A Landmark Step in India’s EV Journey

#MarutiSuzuki #eVX #ElectricSUV #EVIndia #GreenMobility #FutureOfDriving #SustainableTransport #AutoNews #InnovationInMotion #CleanEnergy New Delhi – Maruti Suzuki, India’s largest carmaker, has officially unveiled its highly anticipated electric vehicle, the eVX, marking a defining moment in the country’s rapidly evolving electric mobility landscape. Set to debut in showrooms in early 2025, the eVX will be Maruti Suzuki’s first all-electric SUV, aimed at tapping into the surging demand for eco-friendly mobility solutions and competing in India’s growing EV market. The eVX, which stands for "Emotional Versatile Cruiser," was first showcased as a concept at the Auto Expo 2023, and the production-ready model has now been…
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OnePlus Launches Nord Buds 3r: A Week-Long Powerhouse for Seamless Audio

OnePlus Launches Nord Buds 3r: A Week-Long Powerhouse for Seamless Audio

#OnePlus #NordBuds3r #TechInnovation #TrueWireless #AudioExperience #SmartAudio #OnePlusIndia #TWSRevolution #BatteryKing #StayConnected Chandigarh – OnePlus, the global technology brand known for blending performance with innovation, has unveiled its latest true wireless earbuds – the OnePlus Nord Buds 3r. Designed to be your week-long audio companion, the Nord Buds 3r brings an unmatched battery life of 54 hours, immersive sound quality, and a suite of smart features rarely seen in entry-level TWS earbuds. At a special launch price of INR 1,599, the Nord Buds 3r is set to redefine the TWS category, delivering a perfect balance of durability, convenience, and premium features for the…
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