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Sensex, Nifty log worst day in two months on US recession fears

Markets

05 August, 2024

Sensex, Nifty log worst day in two months on US recession fears

Indian shares tumbled more than 2.5% on Monday, in their steepest drop in two months amid a global sell-off on ......

Go First's lenders vote for liquidating airline

Infrastructure

05 August, 2024

Go First's lenders vote for liquidating airline

Lenders to India's Go First have decided to liquidate the company's assets after rejecting bids by interested suitors to revive ......

Sensex, Nifty fall after global sell-off on lean US macro data

Economy

02 August, 2024

Sensex, Nifty fall after global sell-off on lean US macro data

Indian shares snapped a weeks-long winning streak on Friday, dragged by information technology and auto stocks, after weaker-than-expected U.S. data triggered a ......

Appeals tribunal quashes Byju's insolvency despite challenge from lenders

TMT

02 August, 2024

Appeals tribunal quashes Byju's insolvency despite challenge from lenders

Insolvency proceedings against India's Byju's were quashed by an appeals tribunal on Friday in a big win for founder Byju ......

Global stock sell-off pushes Indian rupee to another record low

Markets

02 August, 2024

Global stock sell-off pushes Indian rupee to another record low

The Indian rupee slipped to a record low on Friday, as local stocks declined tracking a global equity sell-off caused ......

Carlsberg to take control of India business, eyes expansion

Consumer

02 August, 2024

Carlsberg to take control of India business, eyes expansion

Carlsberg has agreed to take full control of its business in India and Nepal, the Danish brewer said on Friday. The group will buy ......

SoftBank-backed Ola Electric's IPO attracts $2 bn of bids from big institutions

TMT

02 August, 2024

SoftBank-backed Ola Electric's IPO attracts $2 bn of bids from big institutions

Ola Electric's IPO drew bids worth over $2 billion from institutions ahead of its opening for retail investors, with shares ......

Billionaire Prem Watsa's Fairfax among bidders for IDBI Bank stake

Finance

01 August, 2024

Billionaire Prem Watsa's Fairfax among bidders for IDBI Bank stake

The Reserve Bank of India has completed its review of potential buyers for a majority stake in IDBI Bank, approving ......

Zomato posts higher Q1 net profit as grocery delivery business shines

TMT

01 August, 2024

Zomato posts higher Q1 net profit as grocery delivery business shines

India's Zomato reported a bigger-than-expected increase in quarterly profit on Thursday, boosted by strong demand for its food and grocery ......

SoftBank-backed FirstCry targets $2.9 bn valuation in IPO

Consumer

01 August, 2024

SoftBank-backed FirstCry targets $2.9 bn valuation in IPO

Indian retailer FirstCry is seeking to raise up to $501 million in an initial public offering (IPO), valuing the company as much ......