TCS Reports 2.7% Increase in Q1 Revenue and Workforce Growth…

Tata Consultancy Services (TCS) Reports Q1 Revenue Growth and Workforce Expansion Tata Consultancy Services (TCS), Indias largest IT services firm, indicated a revenue increase of 2.7% year-over-year for the first quarter of the fiscal year 2027, amounting to ₹55,309 crore

SBI Plans to Divest 1.42% Stake in SBI Funds for…

SBI to Offload 1.42% Stake in SBI Funds Prior to IPO State Bank of India (SBI) has announced plans to sell a 1.42% stake in SBI Funds Management for approximately ₹1,655 crore (around $200 million) ahead of its initial public

SBI Plans to Sell 1.42% Stake in SBI Funds for…

### SBI to Sell Stake in SBI Funds Management Ahead of IPO State Bank of India (SBI) has announced plans to divest a 1.42% stake in its subsidiary, SBI Funds Management, for approximately ₹1,655 crore (around $200 million) prior to

SBI Funds Management Secures ₹1,655 Crore from 30 Investors Through…

SBI Funds Management Secures ₹1,655 Crore from 30 Investors via Pre-IPO Placement SBI Funds Management has successfully raised ₹1,655 crore after attracting investments from 30 different investors through a pre-initial public offering (IPO) placement. This funding marks a significant step

Investors Push Back on Startup IPO Valuations; Zepto and PhonePe…

Investors Adopt Cautious Approach to Valuations, Impacting Companies Awaiting IPOs In recent market trends, investors are becoming increasingly selective regarding company valuations, which could pose challenges for firms planning to go public in the upcoming year. This shift in investor

India Raises Concerns Over US Section 301 Forced Labour Law…

India has raised concerns regarding the United States plans to impose new tariffs associated with alleged forced labor practices. The Indian government contends that the US strategy is inconsistent and advocates for bilateral trade negotiations instead. The proposed tariffs could