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Adani Group stocks plunge after US indictments

General

21 November, 2024

Adani Group stocks plunge after US indictments

Shares of Adani Group companies lost about $28 billion in market value in morning trade on Thursday after U.S. prosecutors ......

Coffee chain Blue Tokai looking to triple revenue before mulling IPO

Consumer

19 November, 2024

Coffee chain Blue Tokai looking to triple revenue before mulling IPO

Indian coffee chain Blue Tokai is aiming for a nearly three-fold jump in annual revenue by 2027 before it decides ......

Sensex, Nifty end lower amid foreign outflows, tepid earnings season

Economy

18 November, 2024

Sensex, Nifty end lower amid foreign outflows, tepid earnings season

India's benchmark Sensex slipped into correction territory on Monday, on persistent concerns over foreign outflows and lacklustre corporate earnings, while ......

Blackstone eyes 20% stake in Haldiram's at $8 bn valuation

Consumer

14 November, 2024

Blackstone eyes 20% stake in Haldiram's at $8 bn valuation

Blackstone has dropped plans to acquire a majority stake in the snacks business of India's Haldiram's but is now discussing purchase ......

Saudi wealth fund PIF raises $1 bn from STC stake sale

TMT

14 November, 2024

Saudi wealth fund PIF raises $1 bn from STC stake sale

Saudi Arabia's sovereign wealth fund PIF has raised 3.86 billion riyals ($1.03 billion) from selling a 2% stake in telecoms firm ......

SEBI proposes higher investment limits for angel funds

Finance

14 November, 2024

SEBI proposes higher investment limits for angel funds

India's market regulator on Wednesday proposed expanding the pool of angel fund investors and increasing investment limits in startups, but ......

Swiggy backer Prosus looks to list Indian payments firm PayU in 2025

TMT

13 November, 2024

Swiggy backer Prosus looks to list Indian payments firm PayU in 2025

Dutch technology investor Prosus hopes to list Indian digital payments and lending firm PayU next year, its chief investment officer said ......

Swiggy delivers 17% surge in trading debut as investors bet on quick commerce

TMT

13 November, 2024

Swiggy delivers 17% surge in trading debut as investors bet on quick commerce

SoftBank-backed Swiggy's shares ended nearly 17% higher in their trading debut in India on Wednesday, signalling growing investor confidence in food and ......

Long-time CEO of NEOM goes as Saudi Arabia scales back mega-projects

People

13 November, 2024

Long-time CEO of NEOM goes as Saudi Arabia scales back mega-projects

Nadhmi al-Nasr, the long-time chief executive of the $500 billion NEOM mega-project at the heart of Saudi Arabia's drive to ......

NTPC Green sets price band for $1.2 bn IPO

Infrastructure

13 November, 2024

NTPC Green sets price band for $1.2 bn IPO

India's NTPC Green Energy has set a price band of 102 rupees to 108 rupees per share for its 100 ......