19 Dec, 2025,

Bira 91: How India’s Coolest Beer Brand Went Flat

The story of Ankur Jain, unchecked ambition, and ₹2,100 crores in losses A) The Context Picture this: It’s 2017. You walk into a Bangalore brewpub. Everyone’s drinking the same beer&mdas...

19 Dec, 2025,

245 2

23 Jul, 2024,

262 3

Waaree Energies Limited Gains Recognition in RETC PV Module Index Repo...

Waaree Energies Limited has been recognized in the prestigious 2024 RETC PV Module Index Report, which evaluates solar PV module manufacturers globally on crucial performance, quality, and reliability metrics. This inclusion highlights Waaree's strong presence in the solar technology sector and underscores its dedication to superior quality and dependability. The company's recognition spans sever...

23 Jul, 2024,

262 3

22 Jul, 2024,

530 3

HDFC Bank to List HDB Financial Services by September 2025

India's leading private bank, HDFC Bank Ltd., has given preliminary approval to initiate the listing process for its subsidiary, HDB Financial Services Ltd., through an initial public offering (IPO). The company's board has authorized a committee of directors to oversee the necessary steps for this endeavor, according to an announcement made in an exchange filing on Saturday. The requirement for...

22 Jul, 2024,

530 3

20 Jul, 2024,

481 4

HDFC Bank Engages Private Credit Funds for Potential Stake Sale in HDB...

HDFC Bank Ltd is in preliminary discussions with private credit funds to sell a stake in its lending arm, HDB Financial Services, which is preparing for an IPO. The bank is evaluating HDB Financial's value, with five domestic credit funds each considering acquiring a 4-7 percent stake in the non-bank lender. These talks are at an early stage, and valuations are crucial for the deal to proceed. Pr...

20 Jul, 2024,

481 4

18 Jul, 2024,

696 2

B9 Beverages Ltd Plans IPO in 2026 Amid Growth and Expansion

B9 Beverages Ltd, the company behind the craft beer brand Bira 91, is preparing for an initial public offering (IPO) slated for 2026. The company, which claims a 5% market share in key regions, is recognized as the fourth-largest beer producer in India. According to sources familiar with the matter, B9 Beverages has engaged Morgan Stanley to assist with its pre-IPO activities. CEO Ankur Jain conf...

18 Jul, 2024,

696 2

18 Jul, 2024,

459 2

Oyo Seeks Fresh Funding of INR 1,000 Crore Amid Valuation Drop and Str...

Oyo, the Indian startup known for its budget hotel aggregation services, is in advanced discussions to raise INR 1,000 crore (USD 120 million) in new funding. This initiative follows Oyo’s decision to withdraw its IPO application earlier this year. Oyo is now focusing on securing investments from prominent family offices, which manage the wealth of affluent families. Among the potential inv...

18 Jul, 2024,

459 2

17 Jul, 2024,

3500 10

HDB Financial Services Limited Announces Q1 FY2025 Financial Results

HDB Financial Services Limited has announced its financial results for the first quarter of FY2025, showcasing notable growth. As per the consolidated financial statements, the total revenue of the Company increased 6% to Rs. 3884 crore as against Rs. 3667 crore in the previous quarter, March 31, 2024 and increased 14% compared to Rs. 3387 crore the same quarter previous year. The Net Interest Inc...

17 Jul, 2024,

3500 10

17 Jul, 2024,

1000 1

Tata Sons Plans to Reduce Stake in Tata Capital Ahead of IPO

Tata Sons, the principal investment holding entity and promoter of Tata companies, is contemplating a strategic reduction of its ownership in Tata Capital. Currently, Tata Sons holds approximately 97% of Tata Capital's shares but is considering a gradual divestment to lower its stake below 50%, according to sources from ET NOW. This move is in anticipation of a potential initial public offering (...

17 Jul, 2024,

1000 1

15 Jul, 2024,

204 1

Sumer Juneja Set to Join Oravel Stays Ltd's Board as Non-Executive Dir...

Oyo's parent company, Oravel Stays Ltd, is preparing to appoint Sumer Juneja, Managing Partner and Head of EMEA & India Investing at SoftBank Vision Fund, as a non-executive director on its board. This appointment is pending shareholder approval, which will be sought at an upcoming Extraordinary General Meeting (EGM).  Juneja's addition to the board will be as SoftBank's nominee director...

15 Jul, 2024,

204 1

14 Jul, 2024,

697 3

Indosolar, Subsidiary of Waaree Energies, Opens New Solar Module Manuf...

Indosolar Limited, part of Waaree Energies Limited, has announced the opening of its latest solar module manufacturing plant in Noida. This new facility, with a production capacity of 1.30 GW, marks a major milestone in boosting local manufacturing capabilities. The plant is expected to create numerous job opportunities and contribute significantly to India's goal of achieving net-zero carbon emis...

14 Jul, 2024,

697 3