Reuters
TMT
Swiggy delivers 17% surge in trading debut as investors bet on quick commerce
SoftBank-backed Swiggy's shares ended nearly 17% higher in their trading debut in India on Wednesday, signalling growing investor confidence in food and ......
Infrastructure
NTPC Green sets price band for $1.2 bn IPO
India's NTPC Green Energy has set a price band of 102 rupees to 108 rupees per share for its 100 ......
People
DBS Bank nominates Rajat Verma to be next India CEO
DBS's India unit has nominated its head of institutional banking, Rajat Verma, to be the bank's new chief executive officer, ......
Finance
SoftBank swings back to quarterly profit with $7.7 bn gain
Japan's SoftBank Group swung to a 1.18 trillion yen ($7.7 billion) net profit in the three months to September, as ......
Finance
RBI issues operational framework for reclassification of FPI to FDI
India's central bank on Monday released an operational framework for reclassifying equity investments made by foreign portfolio investors (FPI) that ......
TMT
Enforcement Directorate to summon Amazon, Flipkart executives as scrutiny grows
India's financial crime agency will summon Flipkart and Amazon executives as it steps up an investigation into alleged foreign investment ......
Finance
Ola Electric, Firstcry IPOs set to boost SoftBank profit
Japanese technology investor SoftBank Group is expected to report a 287 billion yen ($1.87 billion) quarterly profit on Tuesday, boosted ......
TMT
CCI finds Zomato, Swiggy's food delivery businesses in breach of antitrust laws
An investigation by India's antitrust body found food delivery giants Zomato and SoftBank-backed Swiggy breached competition laws, with their business practices ......
TMT
Swiggy's $1.4 bn IPO oversubscribed as investors bet on quick-commerce boom
Food and grocery delivery firm Swiggy's $1.4 billion initial public offering was oversubscribed on Friday, as institutional investors rushed in ......
TMT
Enforcement Directorate raids offices of sellers using Amazon, Flipkart platforms
India's financial crime agency has raided offices of some sellers operating Amazon and Walmart-owned Flipkart in an investigation into alleged ......
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