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Paytm slides deeper into losses after RBI order, warns of more downside

Finance

22 May, 2024

Paytm slides deeper into losses after RBI order, warns of more downside

Paytm posted a wider loss in the fourth quarter on Wednesday and warned of further financial impact in the current ......

Sensex, Nifty end flat after recovering from lows; metals provide support

Finance

21 May, 2024

Sensex, Nifty end flat after recovering from lows; metals provide support

Indian shares recovered to close flat on Tuesday, with gains in metal stocks offsetting declines in other sectors following top ......

Saudi's SMASCO sets issue price for $240 mn IPO

Finance

20 May, 2024

Saudi's SMASCO sets issue price for $240 mn IPO

Saudi Arabian staffing company SMASCO announced its final IPO price at 7.50 riyals per share via the Saudi Exchange on ......

PB Fintech founders offload partial stake in the company for $130 mn

Finance

17 May, 2024

PB Fintech founders offload partial stake in the company for $130 mn

Yashish Dahiya and Alok Bansal, co-founders of listed firm PB Fintech, which runs insurtech platform Policybazaar and fintech platform Paisabazaar, ......

Fractional ownership platform Strata seeks SM REIT licence

TMT

17 May, 2024

Fractional ownership platform Strata seeks SM REIT licence

Commercial real estate investment platform Strata, backed by Kotak Investment Advisors and Gruhas Proptech, has filed an application with the ......

Abu Dhabi's Lunate launches ETF tracking Japan equities

Markets

16 May, 2024

Abu Dhabi's Lunate launches ETF tracking Japan equities

Abu Dhabi investor Lunate Capital is launching an exchange-traded fund (ETF) tracking Japanese equities that will be listed on the ......

Sensex, Nifty end at 2-week high, rally fuelled by IT stocks, inflation data

Finance

16 May, 2024

Sensex, Nifty end at 2-week high, rally fuelled by IT stocks, inflation data

Indian shares advanced on Thursday, led by information technology stocks after softer-than-expected U.S. inflation data reignited hopes of at least ......

BlackRock bullish on India, seeks to grow government bond ETF share

Finance

15 May, 2024

BlackRock bullish on India, seeks to grow government bond ETF share

BlackRock Inc, the world's largest fund manager, is looking to raise its share in India's $500 billion pool of fully ......

PE-backed TBO Tek soars on trading debut but Blackstone's Aadhar Housing disappoints

Finance

15 May, 2024

PE-backed TBO Tek soars on trading debut but Blackstone's Aadhar Housing disappoints

TBO Tek Ltd, the travel-tech company backed by private equity firms General Atlantic and Affirma Capital, surged on its stock ......

Siemens' India arm to list energy business into separate entity

Manufacturing

15 May, 2024

Siemens' India arm to list energy business into separate entity

India's Siemens Ltd said on Tuesday it will demerge its energy business into a separate listed entity to focus on ......