Business

Shiprocket Files Updated DRHP for ₹2,342 Crore IPO

By BPN News Desk
E-commerce logistics platform Shiprocket has filed an updated draft red herring prospectus with the Securities and Exchange Board of India for its proposed initial public offering worth ₹2,342.3 crore. The filing brings the Gurugram-based company closer to a public listing, as it seeks to tap capital markets amid continued growth in India’s digital commerce ecosystem. […]
Business Markets

Sensex, Nifty End Higher on Broad Market Gains

By BPN News Desk
Indian equity markets closed higher on December 12 as buying interest returned across key sectors. The BSE Sensex ended the session with solid gains, while the Nifty 50 comfortably held above the 26,000 level. The recovery came after recent volatility, with investors responding positively to supportive global cues and improved domestic sentiment. Sectoral Stocks Lead […]
Business Markets

Sensex, Nifty Slip on Weak Global Cues

By BPN News Desk
Indian markets turned negative on Thursday as the Sensex fell around 150 points from its intraday high and the Nifty slipped below 25,900. Both indices, which opened on a stronger note, lost momentum through the session amid broad-based selling pressure. Global Factors Weigh on Sentiment Weak trends across major Asian markets and mixed signals from […]
Business

Adani Enterprises Rights Issue Oversubscribed at 108%

By BPN News Desk
Adani Enterprises Ltd (AEL) has completed its ₹25,000-crore rights issue with an overall subscription level of 108 percent, reflecting strong investor confidence. The company received bids for 14.95 crore shares against 13.85 crore shares on offer. Public Portion Oversubscribed The public portion of the issue saw significant interest and was oversubscribed by around 30

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