GNG Electronics, India’s largest refurbisher of laptops and desktops, plans to raise ₹400 crore through a fresh issue and ₹60 crore through an offer for sale. The company’s revenue and net profit have more than doubled in the last two fiscal years, driven by strong growth in overseas markets.
Nifty to consolidate between 25,850–26,300 in coming weeks: Rajesh Bhosale
Indian markets opened muted, with Nifty hovering near 26,000 as momentum cooled post-record highs. Broader markets face strain, prompting caution. Analysts suggest Nifty will consolidate