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SoftBank, TPG-backed FirstCry gets $3.4 bn in bids for $501 mn IPO

Consumer

08 August, 2024

SoftBank, TPG-backed FirstCry gets $3.4 bn in bids for $501 mn IPO

Indian baby products retailer FirstCry's $501 million IPO overcame a sluggish start to garner bids worth $3.36 billion at close ......

Rupee ends at record closing low as risk appetite wavers

Markets

08 August, 2024

Rupee ends at record closing low as risk appetite wavers

The Indian rupee ended at its lowest closing level on record as global risk appetite remained shaky but dollar sales by ......

Byju's says US court rejects lenders' attempt to block settlement with BCCI

TMT

08 August, 2024

Byju's says US court rejects lenders' attempt to block settlement with BCCI

Byju's said on Thursday that a U.S. court has shunned its lenders' attempts to block its settlement with the Indian cricket ......

RBI holds rates again as inflation fight continues; retains GDP forecast

Economy

08 August, 2024

RBI holds rates again as inflation fight continues; retains GDP forecast

The Reserve Bank of India (RBI) kept its key interest rate unchanged on Thursday, as widely expected, as it continued its efforts ......

Amazon India head Manish Tiwary resigns, successor yet to be named

People

06 August, 2024

Amazon India head Manish Tiwary resigns, successor yet to be named

Amazon.com India's country head Manish Tiwary has resigned after an eight-year stint and will leave the e-commerce giant in October, ......

Rupee nears 84/$ mark as Asian currencies weaken, dollar gains

Economy

06 August, 2024

Rupee nears 84/$ mark as Asian currencies weaken, dollar gains

The Indian rupee fell on Tuesday and closed at its weakest level on record, pressured by a decline in its ......

Sensex, Nifty continue to correct even as global equities recover from rout

Finance

06 August, 2024

Sensex, Nifty continue to correct even as global equities recover from rout

India's benchmark equity indexes fell on Tuesday, contrasting a broadly positive global momentum, dragged by profit booking with analysts citing ......

Ola Electric IPO fully subscribed on second day amid major decline in global equities

Finance

05 August, 2024

Ola Electric IPO fully subscribed on second day amid major decline in global equities

Ola Electric's $734 million initial public offering (IPO) was fully subscribed on the second day of bidding, reaching the target ......

Carlyle's Q2 profit falls 11.7%, misses estimates

Finance

05 August, 2024

Carlyle's Q2 profit falls 11.7%, misses estimates

Private equity firm Carlyle Group reported a larger-than expected 11.7% year-on-year drop in second-quarter distributable earnings on Monday, as record ......

Rupee ends at record low as US growth worries spill over, spur outflows

Markets

05 August, 2024

Rupee ends at record low as US growth worries spill over, spur outflows

The Indian rupee closed at its weakest level on record on Monday pressured by likely outflows from local equities and ......