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Standard Chartered Bank is spearheading the fundraising effort, which will also involve credit investors who may join the lending pool.

Sagility India Ltd., a supplier of technology-enabled healthcare services, received offers for more than 123 crore shares in its first share offering

In the Andaman & Nicobar Islands, West Bengal, and Himachal Pradesh, the business has been the lowest bidder for the project.

The IPO’s price range is set at ₹275 to ₹289 per equity share, with a face value of ₹2 per share.

Wipro recorded a 21% increase in net profit to Rs 3,209 crore in Q2 FY25 compared to Rs 2,646 crore in the same period last year.

Understanding the concept of revenue expenditure, its classification, importance and distinction from capital expenditure. Know how control of revenue expenses influences profitability as well as business processes.

The IPO includes a fresh equity issue worth ₹800 Crore and an offer-for-sale (OFS) of ₹1,400 Crore from promoters.

This spike came after the business reported a profit of Rs 583 crore for the second quarter of the fiscal year, which represented a 226% YoY rise.

The company raised ₹5,085.02 Crore from institutional investors through an anchor book launched on November 5.

EBITDA (earnings before interest, taxes, depreciation, and amortization) decreased by 24.8% YoY to ₹2,912.8 Crore from ₹3,875.4 Crore.