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CleanMax's IPO subscribed on Final Day of Bidding; Strong QIB & NII support*

CleanMax sees strong institutional backing from marquee FIIs & DIIs making the IPO a success. The initial public offering of equity shares of face value of Re. 1 each of Clean Max Enviro Energy Solutions Limited (“CleanMax” or the “Company” and such offer as the “IPO” or “Offer”) was subscribed 99.26% on the final day of bidding.   QIB Portion was subscribed 2.99 times and NII (HNI) was subscribed 0.57 times.   *The Company would like to clarify the subscription details basis the information available at National Stock Exchange as under*:   (a) The Offer received bids of 2,05,69,122 shares against the offered 2,07,23,155 equity shares, at the upper end of the price band, i.e. Rs 1,053 per Equity Share; amounting to 99.26% subscription.   (b) The Offer received bids of 2,05,69,122 shares against the offered 2,18,23,329 equity shares, at the lower end of the price band, i.e. Rs 1,000 per Equity Share

air cargo India Marks Its 11th Edition as transport logistic India Debuts in Mumbai

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Integrated trade fairs bring global logistics decision-makers together to advance India’s supply chain competitiveness Mumbai: The 11th edition of air cargo India opened today alongside the inaugural edition of transport logistic India 2026 at the Jio World Convention Centre, Mumbai, reinforcing its position as a focused B2B marketplace for the air cargo and multimodal logistics industry. AB de Villiers has been announced as the Brand Ambassador for transport logistic India 2026. Known for his discipline, adaptability and high-performance mindset, his association reinforces the event’s focus on operational excellence, precision and execution — qualities that define both elite sport and world-class logistics. Organised by Messe Muenchen India, the co-located trade fairs are designed exclusively for business engagement — connecting airlines, airport operators, freight forwarders, shipping lines, rail operators, logistics park developers, cold chain specialists and supply chain technology...

Utkarsh Small Finance Bank and Kotak Life Announce Strategic Partnership to Drive Life Insurance Penetration

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The partnership strengthens the Bank’s commitment to providing customers with diverse and comprehensive financial protection solutions offered by Kotak Life   Mumbai, February 24, 2026:   Utkarsh Small Finance Bank Limited (“Utkarsh SFBL”) today announced a strategic partnership with Kotak Mahindra Life Insurance Company Ltd (“Kotak Life”), marking a significant milestone in the Bank’s product expansion strategy. This collaboration significantly strengthens Utkarsh SFBL’s life insurance vertical, integrating Kotak Life’s comprehensive suite of products across the Bank’s 1105   banking outlets spanning 27   states and union territories. The tie-up plans to benefit 51.4 lakh customers of  Utkarsh SFBL  that will offer a wide range of tailor-made life insurance products and solutions provided by Kotak Life, including protection, savings, unit-linked and retirement.   Speaking on the partnership,  Mr. Govind Singh, Managing Director & CEO, Utkarsh...

Gold Re-rates as Geopolitical Risk, Fiscal Pressures and Reserve Diversification Accelerate: Motilal Oswal Financial Services Ltd

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                  Mumbai, February 24, 2026:  Gold has entered a structural repricing phase, supported by weakening trust in global monetary systems, rising geopolitical tensions, tightening physical supply, and a clear shift in how countries manage their reserves,  according to the latest Precious Metals Quarterly Report by Motilal Oswal Financial Services Limited.   Gold prices crossed the USD 5,000 per ounce mark in early 2026, marking one of the strongest long-term bull phases in modern history. The report highlights that this rise is not driven by a single event, but by several long-term forces coming together and reshaping the global financial landscape.   Historical Context and Real Rates: A Structural Shift Historically, gold has performed best when confidence in monetary systems weakens and governments face rising fiscal pressure, rather than during routine economic slowdowns. While gold has traditionally mov...

CASAGRAND INAUGURATES DEVELOPMENT OFFICE IN MUMBAI

The company boasts a portfolio of 180+ projects across five Indian cities and Dubai The development office is located in Lower Parel   Mumbai, February 24, 2026:  Casagrand Premier Builder Limited, today inaugurated its development office in Mumbai, expanding its operational presence in western India. Casagrand is a well-known residential brand in South India and is the largest developer in the residential sector of Chennai during the period January 1, 2017, to June 30, 2025. (Source: CBRE Report).   The office was inaugurated by  Ms. Shaina NC, a renowned Indian politician , in the presence of  Mr. Arun Mn, Chairman & Managing Director, Casagrand Premier Builder Limited , along with the senior management team. The development office is located at, 11th Floor, Tower B, Peninsula Business Park,  Senapati Bapat Marg, Lower Parel, Mumbai – 400 013 .   Incorporated in 2003, Casagrand focuses on delivering product-driven solutions within committed timel...

BKT ENTERS INDIA CONSUMER TYRE MARKET WITH ON-HIGHWAY TYRE PORTFOLIO

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Launches Two- Wheeler and Medium & Heavy Commercial Tyre Range, marking a pivotal step in BKT’s long ‑ term growth roadmap for the Indian market   Mumbai, February 24, 2026:  Balkrishna Industries Limited (BKT), a global leader in the Off‑Highway Tyre (OHT) segment, today announced its landmark entry into India’s consumer tyre market with the launch of its On‑Highway portfolio. Marking a strategic expansion beyond its OHT leadership, BKT introduced purpose‑built products for Two‑Wheelers (scooters and motorcycles) and Medium & Heavy Commercial Vehicles (M&HCV), underscoring its long‑term commitment to India’s fast‑growing consumer and replacement tyre segments.   The company simultaneously launched its national brand campaign, ‘ Elevate Your Drive ’, featuring brand ambassador  Ranveer Singh , marking the start of its consumer brand journey and signalling a new chapter for the home-grown global tyre manufacturer.   A New Brand Chapter: BKT Tyres...

Leading jewellers and investors including Invictus Continuum Fund I put ₹ 15.67 crore in Priority Jewels Limited in Pre-IPO round

Priority Jewels (the “Company”), which is engaged in designing, manufacturing and sale of a wide range of light-weight, affordable diamond-studded gold and platinum fine jewellery, has completed its pre-IPO (Initial Public Offering) placement of around ₹ 15.67 crore. As per a media advertisement that was published in the Financial Express (English) recently (February 18, 2026). The Company, in consultation with the Book Running Lead Managers to the IPO has undertaken a private placement of 8, 25,000 equity shares for cash considerations, at an issue price of ₹ 190 per equity share (including a premium of ₹ 180 per equity share), which saw participation from leading jewellers and investors including Invictus Continuum Fund I, Cheay Investments Private Limited, Plutus Equity Investment Services, Maple Leaf Trading and Services along with 18 other leading investors. Invictus Continuum Fund I was allocated 1,00,000 equity shares of the Company on February 14, 2026 for ₹190 per equity share...