Ipo Singh 
The Rajasthan government has released the first instalment to the beneficiaries of the Lado Protsahan Yojana on March 26, 2025. A total of Rs 7.5 crore has been disbursed to the accounts of 30,000 beneficiaries, the state government said. The first instalment amount was Rs 2,500. The Rajasthan government last year revamped the previously known … Read more
The government has announced the interest rates on various small savings schemes for the April-June 2025 quarter. In a circular released earlier today on March 28, 2025, the Department of Economic Affairs (Budget Division) under the Ministry of Finance noted “The rates of interest on various small savings schemes for the first quarter of FY … Read more
IPO-bound Zepto and Groww, two prominent unicorns in India’s startup ecosystem are seeing significant activity ahead of their proposed public listings later this year. Zepto, a leading player in Indian quick-commerce segment, is in talks for a $250 million secondary share sale while the top stockbroker and investment platform Groww is considering a $200 million … Read more
The Employees’ Provident Fund Organisation (EPFO) is working to enable Provident Fund (PF) withdrawals through Unified Payments Interface (UPI) and ATMs as part of its EPFO 3.0 initiative. The facility to withdraw PF through UPI and ATMs is expected to be introduced by May or June month 2025. This move will make PF withdrawals instant … Read more
Studds Accessories, Faridabad-based helmets manufacturers has filed its draft red herring prospectus (DRHP) with the Securities and Exchange Board of India (SEBI) on March 26, 2025 to launch its Initial Public Offering (IPO). IIFL Capital, ICICI Securities and MUFG Intime India are the book running lead managers for the Studds Accessories IPO. According to the … Read more
The government has decided to discontinue parts of the Gold Monetisation Scheme (GMS) from March 26, 2025, the Union Finance Ministry announced earlier today. The ministry said that the decision has been take after reviewing the scheme’s performance and evolving market conditions. Scheme Components Affected: What’s Ending and What’s Continuing? The Gold Monetisation scheme comprised … Read more
Breaking news: Zomato and Tata Capital backed fitness and wellness platform and gym chain operator Cult.fit is planning for an Initial Public Offering (IPO) to raise around Rs 2,500 crore (around $300 million) at a valuation of nearly $2 billion. The company has already finalized the investment bankers Axis Capital, Jefferies, Goldman Sachs, Morgan Stanley … Read more
Taking cash out of ATMs is getting costlier as the Reserve Bank of India (RBI) has approved an increase in interchange fees on ATM withdrawal from May 1, 2025. The rule will affect the customers who use the non-home bank ATMs more times than the free transactions limit. The RBI’s decision comes in the wake … Read more
Meesho, the Bengaluru-based social commerce platform has enlisted the investment bankers as it plans to launch its initial public offering (IPO). The company has already enlisted Morgan Stanley, Kotak Mahindra Capital and Citi as investment bankers and could add JP Morgan to the list of advisors on the road to IPO, a report by MoneyControl … Read more
The Securities and Exchange Board of India (SEBI) conducted its 209th board meeting earlier today on March 24, 2025 where few of the much anticipated regulatory changes were announced. The new norms impact Foreign Portfolio Investors (FPIs), Alternative Investment Funds (AIFs), Market Infrastructure Institutions (MIIs), investment advisors and research analysts. It was the first board … Read more