Indian companies are now strategically planning for both IPOs and M&As. This dual-track approach helps maximize value and retain leadership. Regulatory changes and market volatility drive this trend. Fintech and quick commerce sectors see significant activity. Companies prepare for IPOs to attract better M&A deals. This shift marks a maturing of India’s private capital ecosystem.
Tamilnad Mercantile Bank Q1 profit jumps 35% on strong income growth
Tamilnad Mercantile Bank reported a 35% year-on-year rise in June quarter net profit to Rs 412 crore, driven by higher income and net interest income.