Markets

Markets

05 August, 2024

Rupee ends at record low as US growth worries spill over, spur outflows

The Indian rupee closed at its weakest level on record on Monday pressured by likely outflows from local equities and ......

Markets

05 August, 2024

Sensex, Nifty log worst day in two months on US recession fears

Indian shares tumbled more than 2.5% on Monday, in their steepest drop in two months amid a global sell-off on ......

Economy

02 August, 2024

Sensex, Nifty fall after global sell-off on lean US macro data

Indian shares snapped a weeks-long winning streak on Friday, dragged by information technology and auto stocks, after weaker-than-expected U.S. data triggered a ......

Markets

02 August, 2024

Global stock sell-off pushes Indian rupee to another record low

The Indian rupee slipped to a record low on Friday, as local stocks declined tracking a global equity sell-off caused ......

TMT

02 August, 2024

SoftBank-backed Ola Electric's IPO attracts $2 bn of bids from big institutions

Ola Electric's IPO drew bids worth over $2 billion from institutions ahead of its opening for retail investors, with shares ......

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 ......

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 ......

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 ......

Premium

Consumer

31 July, 2024

FirstCry cuts fresh issue size in IPO as PE/VC investors change exit plans

Softbank-backed baby products retailer FirstCry, which received regulatory approval for an initial public offering earlier this month after refiling its preliminary documents, ......

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 ......