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Shiprocket files confidential draft papers for ₹2,500 cr IPO

Business Standard

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May 22, 2025

Temasek-backed logistics firm Shiprocket has filed papers with the stock markets regulator to raise around ₹2,000 crore-2,500 crore through initial public offering (IPO), which the firm intends to use in product development and strategic acquisitions.

- UDISHA SRIVASTAV

The e-commerce enablement firm has confidentially pre-filed its draft red herring prospectus with the Securities and Exchange Board of India (Sebi), according to an advertisement published in a financial daily on Wednesday.

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Business Standard

Business Standard

Netflix's India decade: From 'HBO moment' to a hunt for mass reach

More than 16 million subscribers, about 50 million viewers and close to%4,000 crore in revenues.

time to read

3 mins

January 10, 2026

Business Standard

'FY27 Budget should focus on consumption demand, boosting income'

Budget 2026-27 must focus on improving consumption demand and give a legup to micro, small and medium enterprises (MSMEs), especially to tide over global uncertainties, Nirmal K Minda, Assocham president and executive chairman of UNO Minda, tells Ruchika Chitravanshi in an interview in New Delhi.

time to read

2 mins

January 10, 2026

Business Standard

Working well with Venezuela: Trump cancels 2nd attack

US Prez set to outline plan for Venezuelan oil

time to read

2 mins

January 10, 2026

Business Standard

Business Standard

Air as an electoral issue

Cyclones in Odisha, landslides in Uttarakhand, floods in Assam, pollution in Delhi.

time to read

3 mins

January 10, 2026

Business Standard

Darjeeling tea output may have hit a new low in 2025

The famed Darjeeling tea may have slipt to a new production low in 2025, as changing weather patterns, a shortage of pluckers and mounting economic stress weigh on the region’s gardens.

time to read

2 mins

January 10, 2026

Business Standard

Oil & gas industry expects GST relief, LPG under-recovery compensation

‘The oil and gas industry expects the upcoming Union Budget to address compensation for underrecoveries on the sale of cooking gas cylinders and provide goods and services tax (GST) relief for exploration activities, say experts.

time to read

1 min

January 10, 2026

Business Standard

Competition may weigh on power equipment firms

Their stocks fell for a second day amid reports about possible removal of curbs on China companies bidding for govt contracts

time to read

2 mins

January 10, 2026

Business Standard

Groww faces proxy advisory pushback over Esop, board nomination proposals

Proxy advisory firm Institutional Investor Advisory Services (IiAS) has recommended against all five resolutions proposed by Billionbrains Garage Ventures Limited, the parent company of Groww, citing governance and transparency concerns.

time to read

1 mins

January 10, 2026

Business Standard

Worst week in over 3 months for indices amid new tariff fears

Weakness in equity mkts

time to read

1 min

January 10, 2026

Business Standard

Sumadhura group to invest ₹1K cr to launch 6 projects in Bengaluru

Bengaluru-based real estate developer Sumadhura group has rolled out six luxury residential projects, committing %1,000 crore in investment with an estimated revenue potential of %10,000 crore.

time to read

1 min

January 10, 2026

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