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South Africa's Medu Capital strikes fresh tech bet in the region

TMT

28 March, 2024

South Africa's Medu Capital strikes fresh tech bet in the region

Johannesburg-based Medu Capital, one of the most active private equity firms in South Africa, has struck a deal in the ......

India shines among global equity markets amid lacklustre deal activity in Asia

Economy

28 March, 2024

India shines among global equity markets amid lacklustre deal activity in Asia

India's bulging pipeline of large block trades and listings such as the $3 billion IPO of Hyundai Motor's unit will ......

Rupee falls to record low, RBI likely steps in

Markets

27 March, 2024

Rupee falls to record low, RBI likely steps in

The Indian rupee hit a record low on Wednesday on aggressive dollar bids by local oil companies, importers and equity-related ......

Why consumer firms are lagging benchmark indexes in India's sizzling stock market

Consumer

26 March, 2024

Why consumer firms are lagging benchmark indexes in India's sizzling stock market

The yawning divide between the super-rich and middle-class in India's booming economy is set to persist, if the "underperformance" of ......

Rupee hits record low, posts steepest weekly fall in seven months

Markets

22 March, 2024

Rupee hits record low, posts steepest weekly fall in seven months

The Indian rupee fell to a record low against the U.S. dollar on Friday pressured by a drop in the ......

Optional same-day settlement for 25 stocks to start this month: SEBI

Markets

21 March, 2024

Optional same-day settlement for 25 stocks to start this month: SEBI

India's markets regulator will start an optional same-day settlement for 25 stocks with a limited number of brokers on March ......

SEBI exempts offshore funds from disclosing investors' names

Economy

20 March, 2024

SEBI exempts offshore funds from disclosing investors' names

India's markets regulator has exempted offshore funds from naming their investors under certain circumstances, it said on Wednesday, partly easing ......

Coforge drops US listing plan, to raise $385 mn via India share sale

TMT

20 March, 2024

Coforge drops US listing plan, to raise $385 mn via India share sale

Indian IT company Coforge Ltd has dropped its plan to float an initial public offering in the US and is ......

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Rekha Jhunjhunwala set for a multibagger as Baazar Style Retail files for IPO

Consumer

18 March, 2024

Rekha Jhunjhunwala set for a multibagger as Baazar Style Retail files for IPO

Rekha Jhunjhunwala, wife of the late stock market investor Rakesh Jhunjhunwala, and other early backers of Baazar Style Retail Ltd ......

Tata Sons plans to sell 0.7% stake in TCS

TMT

18 March, 2024

Tata Sons plans to sell 0.7% stake in TCS

India's Tata Sons, the holding arm of Tata Group, plans to sell shares in Tata Consultancy Services (TCS) worth up ......