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2025-08-24 07:46:46| The Economic Times

Sebi has approved LICs reclassification as a public shareholder in IDBI Bank, subject to conditions like capping voting rights at 10% and reducing its stake to 15% within two years. The move follows the strategic disinvestment plan, with IDBI reporting 17% YoY net profit growth in Q1 FY26.

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2025-08-24 07:44:22| The Economic Times

Molbio Diagnostics, a Goa-based POC diagnostics company, filed its DRHP to raise Rs 200 crore via fresh issue and 1.25 crore shares through OFS. Its patented Truenat PCR platform enables rapid decentralized testing. FY25 revenue stood at Rs 1,020 crore, PAT Rs 138.5 crore. Promoters include Sriram family and Exxora Trading.

Category: News and Media

2025-08-24 07:22:38| The Economic Times

A one-shareholder outburst at GKB Ophthalmics AGM went viral, highlighting minority investor power. Vijay Kedia emphasized boards must respect shareholder money and accountability. Despite owning just one share, Abhishek Kalra demanded the MDs resignation, symbolizing growing investor activism amid the companys stock decline and modest recent recovery.

Category: News and Media

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24.08 Ahead of Market: 10 things that will decide stock market action on Monday 24.08 John McDonough, former president of the Backhawks and Cubs, sells Wheaton home for $970,000 24.08 Grain Belt Express pits Chicago businessman, politicians and farmers in power line battle 24.08 Smarter AI is supercharging battery innovation  24.08 How good cause eviction laws aim to protect renters from eviction 24.08 D-St Week Ahead: Nifty to remain indecisive; time to avoid fresh aggressive buying 24.08 Sell Axis Bank on Mon. Buy Lupin, 3 more stocks for 10% potential gains tracker 24.08 Fund Manager Talk | Srinivas Rao Ravuri backs beaten-down QSR stocks for a surprise comeback More »