Shivganga Drillers, an integrated oilfield services company, has submitted its draft red herring prospectus (DRHP) to the Securities and Exchange Board of India (SEBI) for a proposed initial public offering (IPO) of ₹400 crore. Structure of the Public Issue According to the DRHP filed on December 12, the…
Ola Electric Mobility Limited has commenced same-day delivery for select electric vehicles powered by its 4680 Bharat Cell technology in Bengaluru. The newly introduced service allows customers to complete purchase, registration, and vehicle delivery within a single day, marking a significant operational update for the company in the…
Coforge Limited has announced the allotment of 1,45,189 equity shares under its Employee Stock Option Plan (ESOP) 2005. The allotment was approved by the company’s ESOP Allotment Committee on December 14, 2025, following the exercise of stock options by eligible employees. Details of the ESOP Allotment The equity…
E-commerce enablement platform Shiprocket, backed by Temasek, has filed an updated draft red herring prospectus (UDRHP) with the Securities and Exchange Board of India (SEBI) for its proposed initial public offering (IPO). Through the public issue, the company aims to raise a total of ₹2,342 crore. Structure of…
Wipro: Entered a 3-year strategic partnership with Microsoft to enable enterprise AI adoption. Also partnered with Google to deploy Gemini Enterprise across operations and launched a Google Cloud Gemini Experience Zone in Bengaluru. Bharat Electronics: Received additional defence-related orders worth ₹776 crore since its last disclosure. Swiggy: Raised…
December 15, 2025
Market View 15th December, 2025
View on market: Volatility persists, eagerly searching for growth: Global equity markets showed mixed signals during Asian trading hours. US futures were weak, while European futures were slightly positive. Asian markets opened lower as investors became cautious about technology companies. Concerns grew around future profits and heavy spending…
1. 7%+ Growth Expected Despite Global Risks: Finance Minister Nirmala Sitharaman stated on December 6 that strong fundamentals like consumer spending will drive at least 7% GDP growth in FY26, up from RBI's 7.3% forecast. Reforms in taxes and labour rules cushion against US tariffs and inflation, supporting…
Steel Strips Wheels has announced the receipt of export orders worth nearly USD 1 million (INR 9.02 crore) for trailer wheels from US customers. The company disclosed the order under Regulation 30 of SEBI Listing Regulations, marking a significant step in resuming its cooperation with US clients and…
Dynacons Systems & Solutions Limited has won a ₹74.99 crore Device-as-a-Service (DaaS) project from Jammu & Kashmir Bank. The five-year engagement involves deploying 9,851 advanced desktops across 1,019 branches nationwide, under an Opex-based DaaS model covering procurement, configuration, support, security updates, and e-waste management. This project aims to…
CSB Bank Limited has approved the grant of 1,33,831 stock options to its whole-time directors under the CSB Employee Stock Option Scheme (ESOP) 2019. The options, exercisable at ₹388.70 per share, will vest over a four-year period starting December 2026. Continuing employees will have a three-year exercise window…