The cash held by equity mutual fund (MF) schemes went up sharply in July amid after-Budget volatility and concerns about elevated valuations. Strong inflows into new fund offerings (NFOs) also kept cash levels elevated.

NFOs in 2024: The other new launches include Mirae Asset Smallcap Fund, Bandhan Nifty Alpha Low Volatility 30 Index Fund, Kotak Nifty Smallcap 250 Index Fund and UTI Quant Fund.

2024's record NFO success continues into 2025 with strong momentum

Business Standard

SEBI

Upcoming SEBI Approved IPOs in 2025: However, two other companies-Amruta Healthcare and Mouri Tech-that had filed their draft documents have withdrawn their application

Sebi approves IPOs of Regreen-Excel, Dr Agarwal's, Casagrand, Highway Infra

Casagrand Premier IPO: The IPO, with a face value of Rs 2 per equity share, comprises a fresh issue of up to Rs 1,000 crore and an offer for sale of up to Rs 100 crore by the promoters

Realtor Casagrand Premier Builder gets Sebi nod for Rs 1,100 crore IPO

India aims to increase processed food export by 40% in 3 to 4 years

Capital Market Automatic

Adarsh Mercantile consolidated net profit declines 90.00% in the December 2024 quarter


The Indian rupee extended its slide for the second straight session and declined 17 paise to hit a fresh record low of 85.91 (provisional) against the US dollar on Wednesday amid higher crude oil prices and stronger American currency. Lacklustre sentiment in domestic equity markets and sustained outflow of foreign funds also weighed even as investors stayed cautious over lower economic growth projection by the government. The benchmark S&P/BSE Sensex ended the session down 50.62 points at 78,148.49, after having hit a low of 77,486.79 earlier. Likewise, the broader NSE Nifty index hit an intraday low of 23,496.15 before finishing down 18.95 points at 23,688.95. At the interbank foreign exchange, the rupee opened at 85.82 and touched the lowest-ever level of 85.91 against the greenback during intra-day. 


INR plunges to settle at new record low

The offer received bids for 380.27 crore shares as against 2.08 crore shares on offer.

Standard Glass Lining Technology IPO subscribed 182.57 times

Bharat Heavy Electricals (BHEL) has achieved yet another milestone in Bhutan with the successful commissioning of two units of the 6x170 MW Punatsangchhu-II Hydroelectric Project (PHEP-II). Executed as part of a bilateral agreement between the Government of India and the Royal Government of Bhutan, PHEP-II is a greenfield hydro project located in the Wangdue district of Western Bhutan. 

BHEL commissions two units of 6x170 MW Punatsangchhu-II Hydroelectric Project

The Heavy Engineering arm of Larsen & Toubro has won multiple orders in Q3 of FY25 in the overseas and domestic markets. According to the company's project classification, the value of the orders range between Rs 1,000 crore to Rs 2,500 crore. 

Larsen & Toubro's heavy engineering arm wins multiple orders in Q3 FY25


Transmission & Distribution (T&D):
The business has secured an order for a 765 kV Transmission line project in India, from Power Grid Corporation of India (PGCIL).

K E C International wins orders worh Rs 1,136 cr

Companies News: Get latest company news, company results, company interviews, company financials, company analysis, company disclosure, corporate news, company announcements at Business Standard.

Company News: Company Business News, Indian Companies News, Company Analysis, Corporate Industry News

Get latest company news, company results, company interviews, company financials, company analysis, company disclosure, corporate news, company announcements at Business Standard.

Vadilal Dairy International Ltd News