Market News

RentoMojo has filed its DRHP with SEBI for a ₹150 crore IPO through a fresh issue. The proceeds are expected to be used for debt repayment and operating costs, while the business continues to depend largely on rental demand.

ONGC shares rose in early trade after it began gas supply from its Daman offshore project, boosting domestic output at a time when India faces supply disruptions and relies heavily on imports.

Airtel and Tata Teleservices must pay ₹10,000 crore AGR dues by 31 March, including ₹5,000 crore and ₹4,000 crore, respectively, with no relief from DoT. Shares drop by 2-4%.

BSE appeals have been rejected by the National Company Law Appellate Tribunal (NCLAT). It supports the powers of the National Company Law Tribunal (NCLT) to defreeze demat accounts in cases of insolvency. The ruling reinforces the overriding powers of the Insolvency and Bankruptcy Code.

Pioneer Fil-Med has filed draft papers with SEBI to raise ₹500 crore through its IPO. The issue includes a ₹250 crore fresh issue and ₹250 crore OFS.

Intellius Recode has sent its draft papers to SEBI for a ₹117 crore IPO. The money from the IPO is expected to be used for the development of its AI digital workers and some related expenses.

BSPTCL is gearing up for its IPO and is on its way to becoming the first state-owned utility to be listed on the NSE. The IPO aims to fund transmission expansion.

Welspun Corp shares rose briefly on Monday as it won a ₹1,000 crore contract for supplying pipes in the US. As the day progressed, the stock improved to trade near ₹823.

To tackle quality and imports together, Coal India is planning to expand its washing capacity by adding 8 more coking coal washeries.

Jio Financial plans insurance entry by 2026, avoids risky lending, and sees strong app traction despite a 21% stock drop in six months. What’s next? Read the full story.

Markets dropped over 2% as tensions between the US and Iran increased, oil prices moved higher, and the rupee slipped past the 95 mark.

Major Indian banks have urged the RBI to relax the new Foreign Exchange rule of capping the open position limit to $100 million per day. However, analysts believe the move could help in tackling the rupee’s free fall.