iValue Infosolutions, backed by Creador, will launch a Rs 2,439-crore IPO via an offer-for-sale of 1.87 crore shares from September 18–22. The Bengaluru-based tech solutions integrator serves large enterprises with cybersecurity, cloud, and digital infrastructure services. Listing is planned on BSE and NSE.
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.