Reuters
Economy
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 ......
Economy
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 ......
TMT
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 ......
People
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 ......
Finance
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 ......
General
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), ......
TMT
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 ......
TMT
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 ......
Economy
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 ......
TMT
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 ......