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InCred Holdings files draft IPO prospectus

Mint New Delhi

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November 10, 2025

InCred Holdings, an arm of non-banking financial company InCred Financial Services, has filed preliminary papers for an initial public offering (IPO) with the Securities and Exchange Board of India (Sebi) through the confidential pre-filing route, and people familiar with the matter pegged the proposed issue size at ₹3,000-4,000 crore.

In a public announcement on Sunday, the company said it has submitted "the pre-filed draft red herring prospectus with Sebi and the stock exchanges in relation to the proposed initial public offering of its equity shares on the main board."

MEER VERHALEN VAN Mint New Delhi

Mint New Delhi

Mint New Delhi

In India's car labs, Chinese models new benchmark

Walk into the vehicle development centre of any major Indian carmaker and you'll find dozens of rival cars stripped to their bones, engineers poring over every exposed circuit, nut and wire. Such 'benchmark-ing' helps companies understand why some models work while others don't, track technology trends, and plan their own vehicle roadmaps.

time to read

2 mins

November 17, 2025

Mint New Delhi

Mint New Delhi

Insurance merger plan gets new life

Centre weighs consolidating National, Oriental, United

time to read

3 mins

November 17, 2025

Mint New Delhi

Mint New Delhi

IFC, two others may pick 49% in green H₂ maker Hygenco

The World Bank's International Finance Corp. (IFC), Munich-headquartered Siemens AG, and Singapore's Fullerton Fund Management may acquire at least 49% in Gurugram-based green hydrogen manufacturer Hygenco Green Energies Pvt. Ltd, two people aware of the development said.

time to read

4 mins

November 17, 2025

Mint New Delhi

Mint New Delhi

India's telecom spectrum: Who actually owns it?

On 13 November, the Supreme Court reserved its order on how spectrum held by Aircel and Reliance Communications (RCom) will be treated under their insolvency proceedings. The decision will bring clarity on whether spectrum can be sold to recover dues. Mint. explores.

time to read

2 mins

November 17, 2025

Mint New Delhi

Mint New Delhi

‘Rise in earnings can bring FIIs back, elevate India’s global standing’

It’s still early, but if earnings turn around, much of the global underperformance over the past year could well be reversed, believes Trideep Bhattacharya, president and C1O-Equities, Edelweiss MF.

time to read

4 mins

November 17, 2025

Mint New Delhi

Mint New Delhi

The ultrarich are spending a fortune to live in extreme privacy

When developers Masoud and Stephanie Shojaee dined out recently, they headed to the members-only section of MILA restaurant in Miami Beach, Fla., where they were whisked to a table already bearing their favorite cocktails and chopsticks engraved with their names.

time to read

5 mins

November 17, 2025

Mint New Delhi

Mint New Delhi

Satellite internet firms may see fee cut for remote areas

Discount would apply to 5% annual spectrum charge that DoT plans to levy on the firms

time to read

2 mins

November 17, 2025

Mint New Delhi

Ravindran moves NCLT on TLPL deal

Riju Ravindran has moved the National Company Law Tribunal (NCLT) against the compulsory convertible debenture agreement between Think & Learn Pvt. Ltd (TLPL) anda wholly owned subsidiary of Glas Trust Co., edtech firm Byju’s US-based financial creditor, alleging it to be violative of foreign direct investment (FDI) and Foreign Exchange Management Act (Fema) regulations.

time to read

1 min

November 17, 2025

Mint New Delhi

Resilience spells hope as uncertainty reigns high

As trade-policy turmoil prolongs global uncertainty on an IMF index, we have some bright spots too. India should consider shifting focus from supply-side policies to demand stirrers

time to read

2 mins

November 17, 2025

Mint New Delhi

Urban co-op lenders eye online banking

The National Urban Cooperative Financial and Development Corp. Ltd (NUCFDC)—the umbrella body for India’s urban cooperative banks (UCBs)—plans to request the banking regulator to allow smaller UCBs with net worth below ₹50 crore to offer digital services, including internet banking.

time to read

1 min

November 17, 2025

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