Markets
Infrastructure
Ola Cabs mulls $500 mn IPO, to appoint bankers soon
Indian ride-hailing firm Ola Cabs is planning an initial public offering (IPO) to raise $500 million at a company valuation ......
Finance
Sensex, Nifty recover intraday losses on Friday but end in red for the week
India's benchmark indexes bucked the global weakness to end higher on Friday, boosted by HDFC Bank, although the gains were ......
Economy
Rupee off record low in Friday's session on likely RBI intervention
The Indian rupee recovered after slipping to a record low on Friday, on likely intervention by the central bank and ......
Economy
Rupee ends Thursday's session at fresh record low
The Indian rupee logged a record closing low against the dollar on Thursday, but ended little changed as it was ......
Finance
Decline in income from asset divestments caps Blackstone's Q1 earnings growth
Blackstone Inc, the world's largest private equity firm, said on Thursday that its first-quarter distributable earnings rose 1% year-on-year supported ......
Manufacturing
Gautam Adani, family raise stake in Ambuja Cements to 70%
Indian billionaire Gautam Adani's family raised its stake in Ambuja Cements to 70.3% from 66.7% with a 83.39 billion rupees ......
Finance
Fairfax-backed IIFL Finance to raise $152 mn via share sale amid ban on gold loans
India's IIFL Finance will raise 12.72 billion rupees ($152 million) by selling shares, the non-bank lender said on Wednesday, aiming ......
TMT
Rajiv Jain's GQG, Fidelity pick up shares worth $261 mn in Vodafone Idea
Investment firms GQG and Fidelity picked up shares worth $261 million in India's Vodafone Idea as part of the debt-saddled ......
Economy
Govt to mull panel for tackling systemic risks in derivatives market amid high demand
India's top financial regulators will form a committee to assess stability risks emerging from a surge in derivatives markets and ......
TMT
Vodafone Idea to raise $2.16 bn via India's biggest follow-on stock offering
Indian telecom operator Vodafone Idea said on Friday it would raise up to 180 billion rupees ($2.16 billion) later this ......
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