Bathinda NFL gets new head

Wipro, Federal Bank, Angel One, Aditya Birla Money, Unitech, and Sterling and Wilson Renewable Energy will be among the stocks in focus as they will be declaring their quarterly earnings results today.

FIIs made a strong buying of more than ₹4,000 crore on Wednesday with DIIs also emerging as net buyers with an investment of over ₹550 crore. Sensex touched a new lifetime high, while Nifty 50 inched closer to record levels. However, the upside was limited due to global trends and delayed monsoons

India Business News: NEW DELHI: The IPO of Netweb Technologies India, a domestic server manufacturer, is open for public subscription from July 17 to July 19.

The second half of the year is expected to see a number of companies launching their initial public offerings (IPOs). Senco Gold, PKH Ventures, Global Pet Industries, Tridhya Tech, and Synoptics Technologies have already opened for subscription. Senco Gold's IPO will open on July 4, while PKH Ventures' IPO began on June 30. In addition, four SMEs will also bring their public issues this week. Alphalogic Industries' IPO will open on July 3, and Global Pet Industries, Tridhya Tech, and Synoptics Technologies' IPOs will close on July 3, July 5, and July 5, respectively.

HDFC Bank received RBI approval to sell 90% stake in HDFC Credila, boosting Q4 income. The sale was approved by RBI and CCI. Details of credit rating report, stake divestment, and fresh equity infusion were mentioned. Availability of balance amount not specified. On July 1, last year, HDFC Ltd, the parent housing finance company, was amalgamated with HDFC Bank. Thus, the entire investment was transferred from the parent to the bank.

According to various reports, as many as 28 companies have already received a green signal from Sebi to launch their offers, aimed at raising over Rs 30,000 crore. Meanwhile, 36 other companies have submitted their draft IPO papers and are awaiting the regulator's approval.

Krystal Integrated Services IPO opens with equity sale and OFS. It has raised Rs 90.04 crore from anchor investors.The funds raised through the IPO will be utilized for repayment of debt, working capital requirements, capital expenditure as well as for general corporate purposes.

The fundraising comprised ₹12,500 crore to refinance existing loans and the remaining ₹1,500 crore obtained through the pandemic-era Emergency Credit Line Guarantee Scheme (ECLGS).

A lot has happened at the Cafe Coffee Day (CCD) since its founder VG Siddhartha tragically passed away on July 29, 2019.

Happy Monday! Uber Technologies will be laser-focussed on its mobility business in India and consolidate its market share, CEO Dara Khosrowshahi told ET in an exclusive interview. More on this in todays ETtech Morning Dispatch.