Wednesday, August 05
Temasek Holdings Pte. and Life Insurance Corporation of India Ltd. are likely to be key sellers in the potential $2.5 billion initial public offering of India’s top bourse, the National Stock Exchange of India Ltd., according to a person familiar with the matter.State Bank of India Ltd. and SBI Capital Markets Ltd. are also likely to participate as sellers in the long-awaited IPO, which is expected to consist solely of existing shareholders offering between 4% and 4.5% of the company’s equity, according to the person, who asked not to be identified because the information is private.All 190,000 shareholders of the exchange will be given the option to participate in the secondary sale as part of the IPO, the person said.LIC holds a 10.72% stake in NSE and Temasek has about 4.5%, accordi
Shares of Latent View Analytics surged nearly 8% to Rs 452.25 in Monday’s trading session on the NSE after the company reported strong numbers for the December 2025 (Q3FY26) quarter.For the quarter ended December 2025, Latent View Analytics posted a 19% year-on-year rise in consolidated net profit at Rs 50.8 crore, compared with Rs 42.6 crore in the same period last year.Revenue from operations grew 22% YoY to Rs 278 crore, up from Rs 228 crore, driven mainly by strong traction in the Financial Services and Technology practices, which recorded growth of 20.6% and 6.2%, respectively.The company reported an adjusted EBITDA margin of 23.0%, supported by operational discipline, despite the impact of certain one-time costs. Excluding these items, the adjusted EBITDA margin would have stood at
