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Rupee slips to fresh record low, in line with other Asian currencies

Economy

12 August, 2024

Rupee slips to fresh record low, in line with other Asian currencies

The Indian rupee slipped to its weakest closing level on Monday, pressured by a decline in its Asian peers while ......

Sensex, Nifty pare early losses to end mildly lower on Monday

Economy

12 August, 2024

Sensex, Nifty pare early losses to end mildly lower on Monday

Indian shares recovered most early losses to close marginally lower on Monday, as gains in bank stocks largely offset the ......

Adani stocks lose $2.4 bn amid Hindenburg's fresh allegations against SEBI chair

Finance

12 August, 2024

Adani stocks lose $2.4 bn amid Hindenburg's fresh allegations against SEBI chair

Adani Group, the Indian conglomerate rocked by a Hindenburg Research report last year, faced another heavy share selloff on Monday ......

July mutual fund data: Equity inflows retreat from record levels amid profit booking

Finance

09 August, 2024

July mutual fund data: Equity inflows retreat from record levels amid profit booking

Inflows into India's equity mutual funds moderated in July to 371.13 billion rupees ($4.42 billion), easing off record high levels ......

SoftBank-backed Ola Electric jumps 20% after flat debut

Manufacturing

09 August, 2024

SoftBank-backed Ola Electric jumps 20% after flat debut

Ola Electric Mobility's shares surged 20% on their Mumbai trading debut on Friday, valuing the company at $4.8 billion, as ......

SoftBank, TPG-backed FirstCry gets $3.4 bn in bids for $501 mn IPO

Consumer

08 August, 2024

SoftBank, TPG-backed FirstCry gets $3.4 bn in bids for $501 mn IPO

Indian baby products retailer FirstCry's $501 million IPO overcame a sluggish start to garner bids worth $3.36 billion at close ......

Rupee ends at record closing low as risk appetite wavers

Markets

08 August, 2024

Rupee ends at record closing low as risk appetite wavers

The Indian rupee ended at its lowest closing level on record as global risk appetite remained shaky but dollar sales by ......

Rupee nears 84/$ mark as Asian currencies weaken, dollar gains

Economy

06 August, 2024

Rupee nears 84/$ mark as Asian currencies weaken, dollar gains

The Indian rupee fell on Tuesday and closed at its weakest level on record, pressured by a decline in its ......

Sensex, Nifty continue to correct even as global equities recover from rout

Finance

06 August, 2024

Sensex, Nifty continue to correct even as global equities recover from rout

India's benchmark equity indexes fell on Tuesday, contrasting a broadly positive global momentum, dragged by profit booking with analysts citing ......

Ola Electric IPO fully subscribed on second day amid major decline in global equities

Finance

05 August, 2024

Ola Electric IPO fully subscribed on second day amid major decline in global equities

Ola Electric's $734 million initial public offering (IPO) was fully subscribed on the second day of bidding, reaching the target ......