[Update] Amagi IPO Sees Muted Interest, Issue Subscribed 6% On Day 1
Update | January 13, 18:16 IST Amagi’s IPO witnessed a muted investor interest on the first day of bidding amid…
Bank of Maharashtra reports 26% YoY jump in profit to Rs 1,779 crore
Bank of Maharashtra posted a 26% rise in Q3 profit, supported by strong loan growth and improved asset quality. The lender declared a 10% interim dividend, maintained a healthy NIM, and reported robust corporate loan demand, with advances and deposits continuing to expand at a steady pace.
Russian oil trade: India slips to third-largest buyer in December
India has slipped to third place in Russian fossil fuel imports for December 2025, with Reliance Industries and state refiners significantly cutting crude oil purchases. Turkiye now ranks second, while China remains the top buyer. This shift follows new US sanctions on Russian oil producers, impacting India's previously high reliance on discounted Russian crude.
Is 10-minute delivery banned? Experts say no, tagline removal largely optics
Quick commerce platforms, including Blinkit, Zepto and Swiggy, have reportedly been asked to scale back '10-minute delivery' branding after a government nudge. Industry experts say the move is largely optics-driven, not business-altering.
Valuation Watch: 10 large-cap stocks with sky-high PE ratios
Several NSE large-cap stocks trade at extremely high P/E ratios above 75, reflecting strong growth expectations but also raising concerns over valuation risks, speculative buying and the need to assess fundamentals, earnings sustainability and broader market conditions carefully.
India bonds fall after Bloomberg index entry setback
Indian government bonds declined on Tuesday, as Bloomberg Index Services held off including Indian debt in its global index, surprising traders as they had already factored it into prices, and added that the review for inclusion was open and ongoing.
Indian government is mapping out more public fast chargers but implementation remains slow
Under the PM E-DRIVE scheme, the government has a budget outlay of Rs 10,900 crore to focus on setting up fast chargers for vehicle categories.
Beauty startup VCare targets market leadership, IPO in 1-2 years: CEO
With a market turnover nearing ₹400 crore and a target to become India's number one aesthetic brand in the next fiscal, VCare is laying the groundwork for an IPO, expected in the next 1-2 years after consolidation of its North India operations.
IndiGo ‘Sail into 2026’ Sale: Domestic flight ticket price from ₹1,499 — Check key dates, routes, offer details here
IndiGo has launched a ‘Sail into 2026’ sale for its domestic and international passengers with flight prices starting from as low as ₹1,499 for certain routes. Check details about key dates, routes, eligibility criteria, and offer details here.
IRDAI set to release consultation paper on capping insurance commissions next month
According to sources, IRDAI may propose a return to segmental commission caps, similar to the older regulatory framework. This would mean setting separate commission limits for different insurance categories such as motor, health, term life, and other life and general insurance segments.
A Timely Pivot: How GenAI Allowed SpeakX To Find A New Edtech Mission
India has had a complex relationship with English, from its colonial history to an essential skill. But there has been…
Hexalog Secures $4 Mn Funding To Digitise Cross-Border Supply Chains
Cross-border logistics platform Hexalog has raised $4 Mn in its seed funding round via a mix of equity and debt.…