HDFC BANK ; Likely To Launch Red Herring Prospectus For HDB FINANCIAL IPO This Week - NDTV PROFIT Looking To Raise 12,500 Cr From IPO Likely To Launch IPO On June 25 ------- SANDHAR TECHNOLOGIES: Sandhar Technologies exited its joint ventures with Kwangsung Corporation by selling its entire 50% stake in KSTPL and 4.5% in KSASPL for ₹11.07 crore. The transaction, to be completed by June 24, 2025, aligns with Sandhar’s focus on core operations and has no material impact on consolidated revenue. ------- DREAMFOLKS: ICICI Bank, Axis Bank, and Mastercard are reportedly planning to exit their partnerships with DreamFolks to engage directly with airport lounge operators. The move follows a major service disruption on September 22, 2024. The development signals potential client attrition, posing risks to DreamFolks’ revenue and aggregator-based business model.