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Festive cheer ahead: Strong retail flows, policy support drive IPO wave; over a dozen firms eye Rs 10,000 crore fundraise by September-end

India’s primary market is set for a busy fortnight, with more than a dozen companies preparing to float their initial public offerings (IPOs) in the second half of September, collectively aiming to raise nearly Rs 10,000 crore. The surge comes on the back of policy support, including GST 2.0 reforms and the Reserve Bank of…

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Self-reliance gains: Vocal for local push trims import bills for top firms; PLI schemes, duty hikes drive shift

India’s push for self-reliance in manufacturing is beginning to show results, with several consumer-facing companies cutting back sharply on their dependence on imports. As per ET, a study of 20 listed firms in automobiles, electronics and FMCG found that foreign exchange outflows as a share of sales have dropped significantly between FY20 and FY25, mainly…

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