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Mutual funds pick fewer IPOs but deliver bigger returns in the first half of 2026
Mutual funds have turned more selective in India's IPO market, participating in only 19 of the 28 public issues in the first half of 2026, according to Prime Database. Despite bidding less, their stock selection has outperformed. Ten of the 11 IPOs led by mutual funds are trading above their issue price, with Omnitech Engineering surging 133%. As mega IPOs such as NSE, Jio and SBI Funds line up in the second half, investors will be watching whether mutual funds continue their disciplined approach or increase participation.Disclosure: RIL, the promoter of Reliance Jio, also controls Network18, the parent company of CNBCTV18.com.
Edit Video by Talking: Google's Gemini Omni Flash and Nano Banana 2 Lite Are Here
Google launches Nano Banana 2 Lite and Gemini Omni Flash for faster AI image, video creation.
Bata India bets on improving inventory reduction through efficiency steps, omni-channel strategy
Bata India emphasizes inventory reduction through efficiency, with a 13% decrease in gross inventory in the latest quarter. The company's omni-channel strategy and product expansion plans signal future growth despite challenges.
Omni Ax's Software reports standalone net loss of Rs 0.06 crore in the March 2026 quarter
Reported sales nil
Banking sector key to realising Viksit Bharat vision: SBI Chairman C S Setty
SBI is set to play a key role in India's growth. The bank is focusing on a 'Digital First, Customer First' strategy. Investments in technology, data, and AI will create a responsive banking ecosystem. SBI aims to deliver personalized experiences across all channels. Physical branches will integrate with digital platforms for an omni-channel approach.
Omnitech Engineering consolidated net profit rises 43.19% in the March 2026 quarter
Sales rise 38.46% to Rs 148.72 crore
Google Introduces Gemini Omni: How To Turn Image, Text, Video And Audio Into Single Output
The first version of Gemini Omni has been named Gemini Omni Flash, and it is available on the Gemini app, Google Flow and YouTube Shorts.
HUL sales from Q-Com double in FY26, e-Com turnover up 25 pc
Hindustan Unilever saw a significant surge in sales from hyperlocal delivery platforms, doubling in FY26. E-commerce sales also experienced robust growth exceeding 25 percent. This success is attributed to a dedicated quick commerce team and a strong omni-channel strategy. The company is enhancing its presence across various channels to drive sustained growth.
Nestlé India delivers multi-quarter high, but FY27 cool-down looms amid pricey valuations
Nestlé India reported 22.6% revenue growth, driven by distribution expansion, successful omni-channel strategies, and increased advertising. Despite a declining gross margin, Ebitda margin rose to 26.3%. The question is whether this growth can be sustained amid rising costs and competition.
Omnitech Engineering ends steeply higher after securing deal worth Rs 920 crore
Omnitech Engineering had zoomed 9.06% to end at Rs 209.45 after the company announced that it has secured a contract through master purchase agreement from Weatherford Products GmbH.
Omnitech Engineering bags ₹920 crore order from Weatherford Products GmbH
Omnitech Engineering secured a ₹920 crore order from Weatherford via a Master Purchase Agreement. Shares rose 8.30% to ₹208.95 on NSE.
Omnitech Engineering shares list at 11% discount to IPO price
The IPO was subscribed 1.14 times overall. The retail portion was subscribed 2.86 times, while the non-institutional investor segment was booked 73% and the qualified institutional buyer portion 33%.