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EV maker Greaves Electric Mobility files for IPO

Consumer

24 December, 2024

EV maker Greaves Electric Mobility files for IPO

Indian electric-vehicle maker Greaves Electric Mobility plans to raise 10 billion rupees ($117.5 million) through an initial public offering, according ......

Vedanta to exclude base metals business from sweeping demerger

Infrastructure

23 December, 2024

Vedanta to exclude base metals business from sweeping demerger

Indian miner Vedanta will not carve out a separate listed unit for its base metals business, it said on Friday, ......

Sensex, Nifty snap 4-week gaining streak as Fed outlook weighs

Economy

20 December, 2024

Sensex, Nifty snap 4-week gaining streak as Fed outlook weighs

Indian shares plunged on Friday, with the benchmarks logging their first weekly decline in five weeks, as sentiment soured after ......

Rupee falls for seventh week in a row, hits record low

Markets

20 December, 2024

Rupee falls for seventh week in a row, hits record low

The Indian rupee slipped to its all-time low on Friday before turning course to end modestly higher, aided by likely dollar ......

Zoomcar to launch cab rental product to test demand in larger market

TMT

20 December, 2024

Zoomcar to launch cab rental product to test demand in larger market

Zoomcar will launch a chauffeur-driven cab rental product in the southern Indian city of Bengaluru as it looks to test the ......

India brightens IPO prospects for 2025 in Asia Pacific

Markets

20 December, 2024

India brightens IPO prospects for 2025 in Asia Pacific

Dealmakers expect the momentum for new share sales in India, now the world's busiest market for initial public offerings, and Australia ......

Italy's FILA sells 4.6% stake in Indian unit DOMS

Consumer

19 December, 2024

Italy's FILA sells 4.6% stake in Indian unit DOMS

Italian stationery maker FILA has completed the sale of around 4.57% of the outstanding shares in its Indian unit DOMS, ......

Global deal volumes expected to rise over $4 tn in 2025 due to possible Trump boost

General

19 December, 2024

Global deal volumes expected to rise over $4 tn in 2025 due to possible Trump boost

Bankers expect global deal volumes to surpass $4 trillion next year, the highest in four years, buoyed by U.S. President-elect ......

Rupee slips past 85 per dollar to all-time low as Fed setback adds to woes

Markets

19 December, 2024

Rupee slips past 85 per dollar to all-time low as Fed setback adds to woes

The Indian rupee declined past 85 to the U.S. dollar for the first time on Thursday after the Federal Reserve signalled ......

SEBI tightens rules for merchant bankers, IPOs of small firms

Markets

19 December, 2024

SEBI tightens rules for merchant bankers, IPOs of small firms

India's market regulator late on Wednesday issued tighter regulations for merchant bankers and initial public offerings (IPOs) by small businesses, ......