BlueStone has scaled back its IPO size, aiming to raise Rs 820 crore in primary capital, less than the initially planned Rs 1,000 crore. The omnichannel jewellery retailer is eyeing a valuation of around Rs 7,800 crore with the public listing, lower than its previous funding round.
Shaw told Elite Street that since the COVID-19 pandemic, he and his wife had been living pretty much full time in their large house in southwest Michigan.
Societe Generale acquired over 67 lakh Paytm shares worth Rs 720 crore as Antfin exited its 5.84% stake. With no Chinese ownership remaining, Paytm's cap table realigns with regulatory norms, potentially boosting investor sentiment.
Britannia Industries reported a 3% YoY rise in Q1FY26 net profit to Rs 521 crore, with revenue up 9% at Rs 4,622 crore. Sequentially, profit fell 7%. Higher raw material costs impacted margins. The company saw double-digit sales growth in key markets, supported by improving consumption trends and operational efficiencies.
BLS International reported a strong Q1 FY26 with revenue up 44% YoY to Rs 711 crore and net profit rising 50% to Rs 181 crore. The company, operating in over 70 countries, attributed its performance to a diversified business model, AI-driven strategy, and expansion in global citizen service markets.
