Brookfield-backed Schloss Bangalore Pvt Ltd, the operator of the iconic “The Leela” brand of luxury hotels in India, is all set to launch its highly anticipated initial public offering (IPO). The IPO, which aims to raise ₹3,500 crore, marks a significant step for one of India’s leading luxury hospitality players as it prepares to debut on the public market.
When the heat rises, cold drinks rise higher on our wishlist. This year, the range of fruity refreshment beverages has an addition. The popular drink of the ’90s, Jumpin, is making a return under the wing of Rasna, a brand that itself defined summer beverages for millions of Indian households.
Shares of Protean eGov Technologies Ltd, a Ramesh Damani-owned company, took a steep fall on Monday, dropping 20% to hit the lower circuit limit of ₹1,143.20 on the Bombay Stock Exchange (BSE). This decline came after the company disclosed that it was not shortlisted by the Income Tax Department (ITD) for its ambitious PAN 2.0 project, a government-led initiative to overhaul the technological infrastructure behind PAN and TAN systems in India.
Bharat Electronics Limited (BEL), a leading defence public sector company, has recently caught the attention of investors and analysts alike. The company’s stock price surged nearly 3% on May 19, 2025, reaching a new 52-week high of ₹373.50 ahead of its Q4FY25 earnings announcement. The rally in BEL shares reflects strong market optimism backed by solid fundamentals, recent defence order of ₹572 Cr, and growing investor confidence in the defence sector.
The momentum of the initial public offerings in 2025 stands at a volume of USD 888 million as of February 2025 (year-to-date basis), which is 4% higher than 2024 for the same period. Though the IPO market went quiet for some time, the market is picking up again with five upcoming IPOs this week. Which are these IPOs? Let’s understand the details before deciding to invest in the same.
A bank that investors wrote off because of its failing business structure is now slowly making a comeback. This is South Indian Bank, based in Kerala. It is among the first private sector banks of the state to become a scheduled bank.
REC Ltd. (Rural Electrification Corporation) is playing a critical role in securing India’s energy requirement. Started as a nodal agency to develop power infrastructure in rural areas in 1969, it has now transformed itself into a key infrastructure financing company in India, with “Maharatna” status.
The cool scoop finally got the approval for the strategic move the company was planning since January 2025- the green signal to go ahead with Hindustan Unilever Limited (HUL) demerging its ice cream arm, Kwality Wall’s, leading to a newly formed company, Kwality Wall’s (India) Limited (KWIL).
India’s decision to revoke the security clearance of ground-handling service provider Celebi Aviation has sent shockwaves across diplomatic, business, and aviation circles. The move reveals how national security considerations are increasingly shaping economic decisions at the intersection of commerce and foreign policy. It also highlights the rising scrutiny of foreign players operating in India, especially when geopolitical relations are tense.
Whether a late-night snack or a quick lunch at work, Zomato and Swiggy have made it easy to get food delivered fast. While ordering food online has become a part of our everyday lives, behind this comfort, the two giants are going through a difficult time. With most metros already saturated and tier-2 cities slower to convert, the question isn’t just about growth anymore, it’s about profitability. Zomato and Swiggy are both growing, but not making enough profits.
