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Shiprocket aims to raise ₹2,342 crore

Financial Express Mumbai

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December 14, 2025

TEMASEK-BACKED E-COMMERCE enablement platform Shiprocket has filed updated draft papers with markets regulator Sebi to raise a little over ₹2,342 crore through its initial public offering (IPO), reports PTI.

The IPO is a combination of a fresh issue of equity shares aggregating up to ₹1,100 crore along with an offer for sale of ₹1,242.3 crore by the selling shareholders, according to the updated draft red herring prospectus (UDRHP). As part of the OFS, Lightrock, Tribe Capital, Bertelsmann, Arvind, Gautam Kapoor, Saahil Goel, and Vishesh Khu

FLERE HISTORIER FRA Financial Express Mumbai

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Mebigo picks bankers for $200-mn IPO

MEBIGO LABS, THE operator of the audio platform Kuku FM, has hired banks for an initial public offering that could raise as much as $ 200 million, according to people familiar with the matter.

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Create more space to let solar power flow

Solar power is auctioned almost every fortnight and developers are actively securing capacity, so boosting transmission network is crucial to reap benefits

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In major overhaul, Centre proposes single regulator for higher education

THE GOVERNMENT ON Monday introduced the Viksit Bharat Shiksha Adhishthan Bill, 2025 in Parliament that aims to overhaul higher education by setting up a single regulator for higher education that will set standards, streamline governance, and provide policy directions.

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Kaynes Tech turns focus to cash flow

NON-SMART METER GROWTH RECOVERY LIKELY TO SERVE AS A CATALYST

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Positive outlook for Dr Reddy's

FY28 TO SEE EARNINGS RECOVERY DRIVEN BY BASE BUSINESS GROWTH

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Petrol, diesel costliest in Andhra Pradesh, cheapest in Andaman

PETROL AND DIESEL are costliest in Andhra Pradesh largely because of the highest VAT the state charges, while smaller states and Union Territories such as Andaman & Nicobar Islands have the lowest fuel prices, according to information furnished in the Rajya Sabha on Monday.

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2 mins

December 16, 2025

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Axis to hire 50 pvt bankers to target India wealth boom

AXIS BANK IS adding 50 private bankers and plans to launch several funds in the GIFT City, as part of a strategy to tap into the explosive growth of the country's wealthy population.

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JOB MARKET STRENGTHENING, SAYS MoSPI Nov unemployment rate drops to new low of 4.7%

INDIA'S UNEMPLOYMENT RATE dropped to a new low of 4.7% in November, according to the statistics ministry's latest monthly Periodic Labour Force Survey (PLFS) report published on Monday.

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1 mins

December 16, 2025

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Govt holds road shows for share sale in GIC

THE GOVERNMENT HELD road shows in London to assess investor interest for a minority stake sale in General Insurance Corp (GIC), two government sources familiar with the matter told Reuters.

time to read

1 min

December 16, 2025

Financial Express Mumbai

India, Mexico start talks on trade pact

INDIA HAS STARTED discussions on a Preferential Trade Agreement (PTA) with Mexico to cushion the impact of steep tariff increase by it on the countries with which it does not have any Free Trade Agreement (FTA).

time to read

1 min

December 16, 2025

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