Author: Deshwale Business Desk

Symbiotec Pharmalab Limited is set to open its Initial Public Offering (IPO) for subscription on August 24, 2026. The company has fixed the price band at ₹938 to ₹988 per equity share, with each share having a face value of ₹2. The total offer size is approximately ₹1,757 crore. The bidding period for anchor investors will open and close on August 21, 2026. For other investors, the IPO will open on August 24 and close on August 27, 2026. Investors can bid for a minimum of 15 equity shares, followed by bids in multiples of 15 shares. Fresh Issue and…

सिम्बायोटेक फार्मालैब लिमिटेड अपना आरंभिक सार्वजनिक निर्गम (IPO) 24 अगस्त 2026 को लॉन्च करने जा रही है। कंपनी के इस IPO का कुल आकार 1,757 करोड़ रुपये है। इसमें 150 करोड़ रुपये तक के नए इक्विटी शेयर जारी किए जाएंगे, जबकि मौजूदा शेयरधारक 1,607 करोड़ रुपये तक के शेयरों की बिक्री पेशकश (OFS) करेंगे। कंपनी ने IPO के लिए 938 रुपये से 988 रुपये प्रति इक्विटी शेयर का मूल्य दायरा तय किया है। प्रत्येक शेयर का अंकित मूल्य 2 रुपये है। आम निवेशकों के लिए बोली अवधि 24 अगस्त से शुरू होकर 27 अगस्त 2026 तक चलेगी। वहीं, एंकर निवेशकों…

The cryptocurrency sector could be witnessing a significant development in digital asset risk management, with AI-powered decentralized finance ecosystem InfinityDAO moving forward with a proposed insurance protection program of up to approximately $1 billion for its IDL token and broader ecosystem. If formally approved and implemented, the initiative could add another layer of protection for investors, users and other eligible stakeholders while potentially strengthening institutional confidence in the project. The proposed insurance arrangement is being developed through a UK-based specialist crypto insurance syndicate. The planned coverage is expected to address several risks associated with digital assets and decentralized finance platforms.…

For Mumbai homebuyers, the search for a home is often about more than four walls and amenities. Location matters. So does the time it takes to reach work, family and the places that are part of everyday life. Srishti Group is building its latest campaign around that idea. The real estate developer has launched “The House of Pride”, with the proposition “Get More Life. Less Rush.” The campaign brings together two of its residential developments, Craft de Srishti in Nahur (West) and Srishti Oasis in Bhandup (West). Both projects are positioned along the Goregaon-Mulund Link Road (GMLR) corridor. The campaign…

The Directorate of Revenue Intelligence (DRI), in a month-long intelligence-led operation, has dismantled a major network involved in importing South-East Asian areca nuts into India by falsely declaring them as being of Bangladeshi origin and fraudulently availing duty benefits under the South Asian Free Trade Area (SAFTA). The investigation has so far revealed a potential revenue loss of more than ₹2,500 crore. Nine persons have been arrested in connection with the case. The import of areca nuts into India attracts a Basic Customs Duty (BCD) of 100%. However, eligible imports of areca nuts made under the SAFTA agreement are fully…

India’s total exports rose 13.16% during the first four months of 2026-27, reaching an estimated $316.42 billion, according to data released by the Ministry of Commerce and Industry. Exports of merchandise and services stood at $279.63 billion during April-July 2025-26. The latest figures show a significant increase over the same period last year. However, imports grew at a faster pace during the period. Total imports rose 17.28% to $365.85 billion, compared with $311.94 billion a year earlier. This pushed India’s overall trade deficit to $49.43 billion during April-July 2026-27, compared with $32.32 billion in the corresponding period of 2025-26. July…

Mumbai, August 13, 2026: Birla Estates Pvt. Ltd. has announced its entry into the Navi Mumbai real estate market with a major redevelopment project in Vashi. The company will redevelop Shiv Sai Co-operative Housing Society in partnership with an affiliate of Priyanka Group, a developer with an established presence in Navi Mumbai. The project has an estimated revenue potential of approximately ₹2,600 crore, making it a significant addition to Birla Estates’ growing redevelopment portfolio in the Mumbai Metropolitan Region (MMR). Spread across 3.06 acres, or approximately 12,382 square metres, the project will feature premium and luxury residences. The development is…

गजा अल्टरनेटिव एसेट मैनेजमेंट लिमिटेड का बहुप्रतीक्षित आरंभिक सार्वजनिक निर्गम (IPO) 19 अगस्त 2026 को खुलने जा रहा है। कंपनी ने अपने सार्वजनिक निर्गम के लिए ₹152 से ₹160 प्रति इक्विटी शेयर का प्राइस बैंड तय किया है। निवेशक इस इश्यू में 21 अगस्त 2026 तक बोली लगा सकेंगे। कंपनी के IPO से पहले 18 अगस्त 2026 को एंकर निवेशकों के लिए बोली की विंडो खुलेगी। एंकर निवेशकों की भागीदारी आम तौर पर किसी IPO में संस्थागत निवेशकों की शुरुआती रुचि को दर्शाती है। ₹550 करोड़ तक का होगा इश्यू गजा अल्टरनेटिव एसेट मैनेजमेंट का कुल ऑफर साइज ₹550 करोड़…

By: Pratyush Bardoliwala Mumbai has always been known as the City of Dreams, and in many ways, it truly deserves that title. Every year, millions of people move here in search of better jobs, bigger opportunities and a brighter future. But while Mumbai may fulfil many dreams, owning a home in the city remains out of reach for a large section of its population. For the average salaried person, buying even a modest apartment can feel impossible, with prices in many areas easily crossing the crore mark. One of the things that makes Mumbai unique is the contrast it represents.…

Wonderchef, India’s premium kitchenware and home appliance brand, has partnered with WebEngage to strengthen its customer engagement strategy through data-driven personalisation and automated customer journeys. The partnership aims to help Wonderchef deliver more relevant and contextual experiences to consumers at different stages of their interaction with the brand. By using customer behaviour, preferences and real-time insights, the companies plan to create personalised communication across the consumer lifecycle. As customers increasingly expect brands to understand their needs and provide seamless experiences across digital channels, personalisation has become an important part of customer engagement. Through WebEngage’s platform, Wonderchef is looking to use…