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TMT
SoftBank-backed Swiggy posts a $200 mn loss for April-Dec FY24
Food delivery giant Swiggy recorded a $200 million loss for the nine months to December 2023, according to an internal ......
Economy
Sensex, Nifty end FY24 with gains; Nifty posts best fiscal performance in three years
Indian shares advanced on Thursday to close the fiscal year with weekly and quarterly gains in a holiday-shortened week, led ......
Manufacturing
Gautam Adani, family raise stake in Ambuja with $800 mn infusion
Indian billionaire Gautam Adani's family infused 66.61 billion rupees (about $799 million) in Ambuja Cements, raising its stake to about ......
Economy
India shines among global equity markets amid lacklustre deal activity in Asia
India's bulging pipeline of large block trades and listings such as the $3 billion IPO of Hyundai Motor's unit will ......
Finance
ICICI Securities gets shareholder nod to delist, setting up merger with ICICI Bank
India's ICICI Securities has secured shareholders' nod to delist its stock, the brokerage said in the early hours of Thursday, ......
Markets
Rupee falls to record low, RBI likely steps in
The Indian rupee hit a record low on Wednesday on aggressive dollar bids by local oil companies, importers and equity-related ......
Finance
RBI eases recently tightened rules for investments by banks, NBFCs in AIFs
India's central bank on Wednesday eased its recently tightened rules that mandated lenders set aside higher provisions if they have ......
Economy
Asia private equity transactions fall to lowest in a decade
Private equity-backed mergers and acquisitions in Asia are set for their worst start to the year in nearly a decade, ......
Consumer
Why consumer firms are lagging benchmark indexes in India's sizzling stock market
The yawning divide between the super-rich and middle-class in India's booming economy is set to persist, if the "underperformance" of ......
Infrastructure
Adani Ports to buy 95% of Odisha's Gopalpur Port for $162 mn
India's largest private port operator Adani Ports and Special Economic Zone said on Tuesday it will buy a 95% stake ......
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