Urban Company, Shringar House, and Dev Accelerator IPOs drew record bids worth ₹1.22 lakh crore. Urban Company led with subscriptions nearly 100 times the offer, highlighting robust investor demand despite stretched valuations and high-risk considerations.
Axis Bank Q2 profit up 38% on loan growth
Axis Bank has showcased impressive results with a 38% surge in net profit for the quarter ending in September. This significant growth stems from strong