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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 ......

KKR's Q2 net income soars 49% on higher fees

Finance

01 August, 2024

KKR's Q2 net income soars 49% on higher fees

Private equity group KKR & Co said on Wednesday its second-quarter adjusted net income jumped 49% year-on-year, driven by an ......

State-run firms exempted from meeting public shareholding norms for 2 years

Markets

01 August, 2024

State-run firms exempted from meeting public shareholding norms for 2 years

India has exempted all state-run firms from meeting public shareholding norms for two years until August 2026, according to a document ......

High-frequency traders, brokerage firms to face brunt of SEBI curbs on options

Markets

01 August, 2024

High-frequency traders, brokerage firms to face brunt of SEBI curbs on options

The Indian market regulator's proposed measures to curb the trading frenzy in options will impact high-frequency traders and quant funds as ......

Byju's, Indian cricket board reach settlement

TMT

31 July, 2024

Byju's, Indian cricket board reach settlement

India's Byju's and the country's cricket control board have agreed to settle a $19 million payments dispute case, a lawyer ......

Abu Dhabi, Qatar wealth funds back Adani Energy's share sale of up to $1 bn

Infrastructure

31 July, 2024

Abu Dhabi, Qatar wealth funds back Adani Energy's share sale of up to $1 bn

Abu Dhabi Investment Authority and Qatar Investment Authority have invested in Adani Energy Solutions' share sale in India of up to $1 ......

Byju's close to settling payments dispute with Indian cricket board

TMT

30 July, 2024

Byju's close to settling payments dispute with Indian cricket board

Education technology company Byju's is close to settling a $19 million payments dispute with the Indian cricket board, which could free ......

SEBI proposes measures to curb derivatives trading

Markets

30 July, 2024

SEBI proposes measures to curb derivatives trading

India's markets regulator on Tuesday proposed a series of measures to curb a trading frenzy in options, including raising the ......

Check out India's biggest 2024 IPOs as stock markets boom

Markets

29 July, 2024

Check out India's biggest 2024 IPOs as stock markets boom

Here are some details of this year's biggest initial public offerings (IPOs) in India, where stock markets are booming and ......