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Rupee ends flat, unable to benefit from rise in Asian peers

Economy

26 August, 2024

Rupee ends flat, unable to benefit from rise in Asian peers

The Indian rupee closed nearly flat on Monday, as dollar demand from importers and foreign banks offset early gains driven ......

Sensex, Nifty back near record highs fuelled by IT stocks

Economy

26 August, 2024

Sensex, Nifty back near record highs fuelled by IT stocks

Indian information technology stocks pushed domestic shares to within touching distance of a record high on Monday after the Federal ......

Government may rescind tax notice to Infosys after backlash from sector

TMT

23 August, 2024

Government may rescind tax notice to Infosys after backlash from sector

India is likely to retract its demand that Infosys pay $4 billion in back taxes after weeks of lobbying by ......

SEBI bars Anil Ambani from securities markets for five years, Ambani mulls response

People

23 August, 2024

SEBI bars Anil Ambani from securities markets for five years, Ambani mulls response

Industrialist Anil Ambani is reviewing the Indian markets regulator’s order banning him and 24 others from the securities market for ......

SoftBank-backed Swiggy looking at $15 bn valuation for upcoming IPO

Finance

23 August, 2024

SoftBank-backed Swiggy looking at $15 bn valuation for upcoming IPO

SoftBank-backed Indian food delivery giant Swiggy is targeting a valuation of around $15 billion for its upcoming stock market offering ......

Blackstone-owned International Gemmological Institute files for $477 mn IPO

General

22 August, 2024

Blackstone-owned International Gemmological Institute files for $477 mn IPO

Blackstone-owned, International Gemmological Institute (India) filed for an initial public offering worth up to 40 billion rupees (about $477 million), ......

Disney-Reliance offer concessions for India merger, exclude cricket rights

TMT

22 August, 2024

Disney-Reliance offer concessions for India merger, exclude cricket rights

Disney and Reliance have offered some concessions to secure an India antitrust approval for their $8.5 billion media merger, but ......

Anxiety among Byju's staff as it awaits dues amid insolvency proceedings

TMT

22 August, 2024

Anxiety among Byju's staff as it awaits dues amid insolvency proceedings

The insolvency of Indian education technology company Byju's threatens to be the biggest upset in a celebrated startup sector, unleashing ......

Sensex, Nifty end higher for sixth session on optimism around US Fed policy

Economy

22 August, 2024

Sensex, Nifty end higher for sixth session on optimism around US Fed policy

Indian shares advanced on Thursday, tracking global peers, after minutes of the US Federal Reserve's latest policy meeting signalled a ......

Zomato to acquire Paytm's movie and events ticketing business for $244 mn

TMT

21 August, 2024

Zomato to acquire Paytm's movie and events ticketing business for $244 mn

Indian food delivery platform Zomato said on Wednesday it will acquire the movie and events ticketing businesses of digital payments ......