Valmiki Leela Capital files five DRHPs in September, with aggregate issue size around ₹1,100 crore
Ahmedabad, October 5, 2026: Valmiki Leela Capital, a SEBI-registered Category I merchant banker, today announced that five companies advised by them filed draft red herring prospectuses in September 2026, with an aggregate proposed issue size of approximately ₹1,100 crore. The filings comprise four mainboard IPOs and one SME offering, spanning solar engineering, procurement and construction, […]
Seeds Fincap Raises Over Rs 100 Crore in Series B Round to Expand Lending Network
Gurugram-based NBFC Seeds Fincap has raised more than Rs 100 crore ($10.4 million) in a Series B funding round led by Michael & Susan Dell Foundation, as the lender looks to deepen its presence across underserved segments and strengthen its lending infrastructure. The round also saw participation from existing investors Z47 and Lok Capital, along […]
Vertiv Expands Slovakia Manufacturing Campus to Meet Growing AI Infrastructure Demand
Vertiv is expanding its manufacturing campus in Nové Mesto nad Váhom, Slovakia, to strengthen its production capabilities for power and thermal management technologies supporting artificial intelligence (AI) and high-performance computing (HPC) infrastructure. The expansion will increase manufacturing capacity for power systems, switchgear and advanced cooling technologies, including liquid cooling solutions designed for high-density computing environments. […]
Oracle and Tencent Reportedly Reach $7 Billion Southeast Asia Data Centre Deal
Oracle and Tencent have reportedly agreed to a five-year data centre lease across Oracle facilities in Southeast Asia, in a deal estimated at around $7 billion, according to a report by the Financial Times. The reported agreement would provide Tencent with access to approximately 100,000 advanced AI chips that are not currently available in China, […]
TCS to Take Over Best Buy’s India GCC Under Multi-Year Agreement, Plans AI-Native Transformation
Tata Consultancy Services (TCS) is set to take over Best Buy’s Global Capability Centre (GCC) in India under a multi-year agreement, with plans to transform the centre into an AI-native capability hub. As part of the agreement, Best Buy’s India GCC will transition to TCS, with employees moving into TCS’s global organisation. The employees will […]
RBI Approves Anup Kumar Saha as Kotak Mahindra Bank MD & CEO From January 2027
The Reserve Bank of India (RBI) has approved the appointment of Anup Kumar Saha as Managing Director and Chief Executive Officer of Kotak Mahindra Bank for a three-year term beginning January 1, 2027. Saha will succeed Ashok Vaswani, whose tenure as the bank’s MD & CEO concludes on December 31, 2026. The appointment is subject […]
YES BANK, Northern Arc Capital Partner to Expand Digital Lending and Co-Lending
YES BANK and Northern Arc Capital have entered into a strategic partnership to expand digital lending, co-lending and debt capital markets activities, with the alliance facilitated by Japanese financial group Sumitomo Mitsui Banking Corporation (SMBC). The partnership, led by YES BANK MD & CEO Vinay M Tonse and Northern Arc Capital MD & CEO Ashish […]
CCAvenue Brings Apple Pay to Its Merchant Network in India
CCAvenue, the flagship payments brand of AvenuesAI Limited, has brought Apple Pay to its merchant network, enabling customers to use Apple devices for contactless, in-app and online payments. The integration is aimed at expanding payment options for CCAvenue merchants while offering customers a secure and streamlined checkout experience across supported Apple devices. Contactless Payments With […]
VERTICES PARTNERS Advises Glass Wall Systems on Proposed Rs 4,278.90 Million IPO
Legal firm VERTICES PARTNERS has advised the promoters and promoter group of Glass Wall Systems (India) Limited on the company’s proposed initial public offering, which includes a fresh issue of equity shares worth up to Rs 4,278.90 million (USD 44.58 million). The proposed IPO marks an important capital markets exercise for Glass Wall Systems as […]
Bharat Housing Network Secures $5 Million Green Bond Financing from Symbiotics
Bharat Housing Network (BHN), a multi-asset secured credit network, has raised $5 million (around INR 47 crore) through green bonds from Symbiotics Investments to expand its green financing portfolio in India. The financing is part of a $75 million green basket bond programme structured by Symbiotics in partnership with British International Investment (BII), the UK’s […]
