CleanMax gets Sebi nod for Rs 5,200 crore IPO, eyes debt reduction and growth push

Clean Max Enviro Energy Solutions, one of India’s largest commercial and industrial (C&I) renewable energy suppliers, has received Sebi’s approval to launch its IPO worth Rs 5,200 crore. Better known as CleanMax, the company provides sustainable energy and low-carbon solutions to major corporate and industrial customers across India and select overseas markets.The IPO includes a […]

NephroPlus gets Sebi nod to launch IPO, to raise Rs 353 crore from fresh issue

Dialysis services provider Nephrocare Health Services has received a nod from capital markets regulator Securities and Exchange Board of India (Sebi) to launch its initial public offering (IPO), which will be a mix of an offer for sale (OFS) and issue of new shares.The proposed public issue of the Hyderabad-based company includes an OFS of […]

Ahead of Market: 10 Things That Will Determine Stock Market Action on Tuesday

The Indian market ended higher on Monday, with the Sensex and Nifty mirroring gains in Asian markets, amid optimism that Washington is nearing a solution to the prolonged US government shutdown. Investor sentiment was also boosted by stock-specific rallies following positive quarterly results.The S&P BSE Sensex climbed 0.38% to 83,535.35, up 319.07 points, while the […]

ET Markets Watch: Nykaa in the spotlight, Lenskart’s shaky debut fails to dazzle despite market gains | The Economic Times Podcast

Hello everyone, you are listening to ET Market Watch with Neha Vashishth, only on The Economic Times.Indian markets started the week on a positive note – mirroring gains across Asia – as optimism grew that Washington could finally end the prolonged US government shutdown. The Sensex rose 319 points to close at 83,535, and the […]

Airtel Payments Bank reports Q2 profit growth to Rs 11.8 Cr with record revenue of Rs 804 Cr

Airtel Payments Bank has posted a profit of Rs 11.8 crore for the second quarter ended September 30, 2025, slightly higher than a year ago, and said quarterly revenue crossed the Rs 800 crore mark for the first time.Q2FY26 revenue of Rs 804 crore, up 19.4 percent year-on-year, “marks strong growth momentum,” the report said. […]

Rekha Jhunjhunwala-backed Baazar Style Retail turns profitable in Q2 at Rs 51 crore PAT, sales rise 71% YoY

Rekha Jhunjhunwala-backed smallcap company Baazar Style Retail entered the black with a consolidated net profit in the September quarter of Rs 51 crore, compared to a net loss of Rs 9 crore reported in the same period last year. The company’s revenue from operations stood at Rs 532 crore in Q2FY26, compared to Rs 311 […]

Fujiyama Power sets IPO price range at Rs 216-228 per share; issue opens on November 13th

Fujiyama Power has announced the price range for its IPO of Rs 828 crore at Rs 216-228 per share. The issue, which opens for public subscription on November 13 and closes on November 17, includes a fresh issue of Rs 600 crore and an offer for sale (OFS) of Rs 228 crore by existing shareholders.The […]

Bajaj Finance Q2 results: Cons PAT rises 22% YoY to Rs 4,875 crore, NII also rises 22%

Bajaj Finance on Monday reported a 22% rise in second quarter consolidated net profit at Rs 4,875 crore, compared to Rs 4,000 crore in the same period last year. Profit after tax (PAT) is attributable to the company’s owners and missed Street’s estimates of Rs 4,969 crore.Net interest income (NII) rose 22% in Q2FY26 to […]

Jindal Stainless Q2 results: Net profit grows 32% to Rs 808 crore on higher sales

Jindal Stainless on Monday reported an over 32 percent year-on-year increase in consolidated net profit to Rs 808 crore in the September quarter as higher sales led to a rise in revenues.The company had posted a net profit of Rs 609 crore in the second quarter of FY25, the company said in a statement. The […]

The rupee remains on the brink of a record low, with a softer dollar offering little help

The Indian rupee remained within a narrow range of its all-time lows on Monday after a broadly softer dollar amid improved risk appetite globally provided little comfort for the currency in the face of continued interbank demand for dollars.The rupee closed at 88.6975 against the US dollar, down marginally from the previous close of 88.66. […]