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MTR parent eyes ₹10K-cr valuation in ₹1,667-cr IPO

Financial Express Chandigarh

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October 25, 2025

OFS opens next week; MD says readying war chest for acquisitions

- NESIL STANEY & VIVEAT SUSAN PINTO

ORKLA INDIA, BEST-KNOWN for its MTR and Eastern food brands, will raise up to ₹1,667 crore in an offer for sale (OFS) that will open on October 29, it said on Friday.

The initial public offering (IPO), which will close on October 31 (for retail investors), will see the company offer as many as 22.84 million shares in a price band of ₹695-730 apiece. For anchor investors, the IPO will open a day earlier on October 28. At the current price band, the company’s valuation will be ₹10,000 crore.

Thisisthe second OFSwithin weeks of South Korean major LG India's market debut this month which tooka similar route.

PLUS D'HISTOIRES DE Financial Express Chandigarh

Financial Express Chandigarh

Yen weakens across board after BOJ delivers rate hike

CENTRAL BANK SAYS IT WILL KEEP RAISING RATES IF FORECASTS MATERIALISE

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1 min

December 20, 2025

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'Expect a couple more REITs to come in by 2026'

While residential markets faced headwinds this year, the office sector recorded 60 million square feet of gross leasing between January and September 2025, the highest for the first nine months of any year.

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December 20, 2025

Financial Express Chandigarh

Putin: Russia ready to end war, but sans compromise

PRESIDENT VLADIMIR PUTIN said he's willing to discuss bringing Russia's war in Ukraine to an end, even as he ruled out changes sought by Kyiv and Europe to a US peace plan drawn up with Moscow.

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1 min

December 20, 2025

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Funds for rural roads scheme see gross underutilisation

STATES’ SPENDING CAPACITY LIMITED

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2 mins

December 20, 2025

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'Capacity limit costs Mumbai the hub race'

Adani Airport Holdings (AAHL) has laid down the expansion plans for its airport business, but for Jeet Adani, director airports, the larger strategic context is Mumbai's missed opportunity to become India's primary global aviation hub.

time to read

2 mins

December 20, 2025

Financial Express Chandigarh

Flipkart buys majority stake in Minivet AI

WALMART-OWNED FLIPKART has struck a deal to acquire a majority stake in Minivet AI, an AI and machine learning solutions provider, as the e-commerce major looks to strengthen its generative AI capabilities for visual and conversational commerce.

time to read

1 min

December 20, 2025

Financial Express Chandigarh

TikTok signs deals with investors to avoid US ban

TIKTOK'S CHINESE OWNER, ByteDance, on Thursday signed binding agreements to hand control of the short video app's US operations to a group of investors, including Oracle, in a big step toward avoiding a US ban and ending years of uncertainty.

time to read

1 min

December 20, 2025

Financial Express Chandigarh

RBI measures push rupee above 90-mark

THE RUPEE POSTED its strongest single-day gain in over three years on Friday, rising above the 90-per-dollar mark late in the session, as the central bank intervened to shore up the currency and curb speculative bets, traders said.

time to read

1 min

December 20, 2025

Financial Express Chandigarh

Boards in a ‘no second chances’ era

In an era of data explosion and real-time disruption, directors are expected to invest deep preparation, continuous learning, and sustained availability

time to read

3 mins

December 20, 2025

Financial Express Chandigarh

File revised returns if AIS is showing additional income

YOUR QUERIES: INCOME TAX

time to read

2 mins

December 20, 2025

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