Business & Finance

India’s oldest and largest depository, National Securities Depository Limited (NSDL), has officially launched its ₹4,011 crore initial public offering (IPO) for subscription today. As a vital component of India’s financial market infrastructure, this IPO has generated significant interest among both institutional and retail investors. However, with no new issue, a premium valuation, and prominent investors

GNG Electronics IPO Allotment, a key player in the refurbished ICT devices market, is set for a strong market launch as the allocation of its eagerly awaited Initial Public Offering (IPO) is scheduled to be finalized today, July 28. The substantial demand from investors has resulted in a notable increase in its Grey Market Premium

Why TCS is eliminating 12,000 positions and what this indicates about the broader economic landscape of tech layoffs beyond AI—key statistics, factors, and survival strategies included. The announcement that 12,000 jobs would be eliminated within a year came as a shock to TCS Layoffs 2025 on a calm Sunday afternoon. Just weeks prior, Microsoft’s 9,000

Kotak Mahindra Bank has disclosed its financial outcomes for the first quarter of FY26 (April–June 2025), indicating a mixed performance. Although the Net Interest Income (NII) experienced notable growth, the Net Profit After Tax (PAT) fell by 7% year-on-year (YoY), mainly due to increased provisions and the lack of exceptional gains seen in the previous

American Airlines has reaffirmed its 2025 financial outlook, attributing a wider-than-expected earnings range to increased economic risks. The airline now expects anywhere from a loss to a modest profit, depending on how the domestic travel market performs in the coming months. American Airlines 2025 Forecast: From Losses to Possible Gains In a Thursday announcement, American

Regulatory Shock Hits IEX Shares Indian Energy Exchange (IEX) shares plunged by 23% on July 24, hitting a 52-week low of ₹144.65, following a major regulatory announcement from the Central Electricity Regulatory Commission (CERC). The CERC announced the implementation of power market coupling starting January 2026, aimed at unifying the price discovery process across all