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India's largest-ever IPOs ahead of Ambani's Jio offering

India's largest-ever IPOs ahead of Ambani's Jio offering

Indian billionaire Mukesh Ambani's AI-to-telecoms arm Reliance Jio Platforms is gearing up for a stock offering which could be India's biggest-ever. In November, investment bank Jefferies estimated that Reliance Jio's valuation stood at $180 billion, and sources told Reuters in January the IPO cou

IDLC Finance profit up 21pc on higher investment returns

IDLC Finance profit up 21pc on higher investment returns

IDLC Finance posted more than 21 per cent year-on-year growth in profit in 2025, largely driven by strong returns from investments in government securities, marking the company's highest profit in four years. The non-bank financial institution reported a consolidated profit of Tk 2.43 billion for

Stocks edge up on bargain hunting ahead of Eid holiday

Stocks edge up on bargain hunting ahead of Eid holiday

Stocks opened marginally higher on Monday as bargain hunters returned to buy undervalued blue-chip stocks, although overall sentiment remained subdued amid the ongoing Middle East war. The market opened higher, aided by price appreciation in some large-cap stocks, as opportunistic investors expect

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