Best Dec for IPOs since 1996: 15 firms collectively raised Rs 25,425 cr

Fifteen companies have launched their initial public offerings (IPOs) in December 2024, making it the best month for public offerings since 1996. Illustration: Dominic Xavier/Rediff.com......

Health care, pharma IPOs raise Rs 14,811 cr in 2024

India’s healthcare and pharmaceutical sectors raised Rs 14,811 crore through initial public offerings (IPOs) in 2024, the largest since 2019, driven by strong domestic demand amid expanding......

Mobikwik leads IPO debut with 90% surge; Vishal, Sai Life gain around 40%

The successful debuts are expected to boost the IPO market, with eight new issuances lined up. Illustration: Dominic Xavier/Rediff.com All the three companies that made their stock market debut......

Ola Electric may lay off 500 staffers in major rejig

Ola Electric is conducting an restructuring exercise which is expected to affect over 500 employees across various roles within the organisation, according to sources. Bhavish Aggarwal, CEO of Ola......