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Swiggy backer Prosus expects e-commerce profit to jump in 2025, more IPOs in India

TMT

21 October, 2024

Swiggy backer Prosus expects e-commerce profit to jump in 2025, more IPOs in India

Dutch technology investor Prosus NV expects adjusted profit at its e-commerce business to surge to $400 million this fiscal year ......

Sachin Bansal's Navi withdraws bond sale days after RBI action

Finance

21 October, 2024

Sachin Bansal's Navi withdraws bond sale days after RBI action

Navi Finserv has withdrawn a planned bond sale scheduled for bidding on Monday, the firm said, days after the country's ......

HDFC Bank unit HDB Financial to raise up to $1.5 bn in IPO

Finance

21 October, 2024

HDFC Bank unit HDB Financial to raise up to $1.5 bn in IPO

ndia's top private lender HDFC Bank said on Saturday its HDB Financial Services unit will raise up to 125 billion ......

Retail group seeks antitrust probe of Swiggy, Blinkit, Zepto

TMT

21 October, 2024

Retail group seeks antitrust probe of Swiggy, Blinkit, Zepto

India's biggest group of retail distributors has asked the antitrust authority to investigate three quick commerce companies - Zomato's Blinkit, ......

IPL, other sporting events under merged RIL-Disney to be streamed on Hotstar

TMT

18 October, 2024

IPL, other sporting events under merged RIL-Disney to be streamed on Hotstar

Streaming of all live sporting events by the merged Disney-Reliance entity in India, including the popular Indian Premier League for ......

Rupee ends at fresh record low amid fresh equity outflows

Economy

18 October, 2024

Rupee ends at fresh record low amid fresh equity outflows

The Indian rupee hit its all-time low on Friday pressured by equity outflows but managed to avert a sharp fall ......

Sensex, Nifty snap 3-day losing streak but end in the red for third straight week

Economy

18 October, 2024

Sensex, Nifty snap 3-day losing streak but end in the red for third straight week

Indian shares snapped a three-day losing streak on Friday as gains in Axis Bank lifted heavyweight financials, although foreign fund ......

Raveendran concedes mistakes, says Byju's worth is zero

Consumer

18 October, 2024

Raveendran concedes mistakes, says Byju's worth is zero

Byju Raveendran, the founder of what was once India's biggest start-up, Byju's, said he overestimated the growth potential of his ......

Sensex, Nifty decline for third day as FII exodus continues

Economy

17 October, 2024

Sensex, Nifty decline for third day as FII exodus continues

Indian shares fell for the third straight session on Thursday as motorcycle maker Bajaj Auto's warning of weak festive period ......

Equity option traders hunt for new playgrounds as tighter SEBI rules loom

Markets

17 October, 2024

Equity option traders hunt for new playgrounds as tighter SEBI rules loom

Millions of Indian retail traders are exploring alternative ways to earn profits ahead of stricter regulations on trading equity derivatives next ......