Markets
Finance
Rupee touches all-time low on equity outflows, US polls in focus
The Indian rupee touched its weakest level on record on Monday, as persistent outflows from local stocks blunted the impact ......
Markets
Sensex, Nifty fall the most in over a month ahead of US election
Indian shares logged their worst session in more than a month on Monday, weighed down by uncertainty around the hotly-contested ......
Consumer
Reliance Jio IPO set for 2025, retail arm to make debut much later
Indian billionaire Mukesh Ambani targets a 2025 Mumbai listing for his telecom business Jio, valued by analysts at over $100 ......
Economy
Government mulls better flexibility for strategic foreign investment
The Indian government is considering expanded measures to allow greater flexibility for strategic foreign investors to buy stakes in local ......
TMT
Swiggy ups fresh issue in IPO as Prosus cuts offer for sale
Food and grocery delivery platform Swiggy Ltd has increased the fresh issue in its upcoming initial public offering (IPO), while ......
Finance
Warburg, Kedaara-backed Avanse Financial gets SEBI approval for IPO
Avanse Financial Services Ltd, an education loan provider that counts private equity firms Warburg Pincus and Kedaara Capital as its ......
Consumer
Middle Eastern consumer chain Lulu Retail seeks to raise $1.4 bn via IPO
Lulu Retail Holdings, which runs one of the Middle East's biggest hypermarket chains, said on Monday it aims to raise ......
TMT
Swiggy cuts IPO valuation again, BlackRock and CPPIB to invest
Indian food delivery giant Swiggy has slashed its IPO valuation again, to $11.3 billion, 25% below the initial goal of ......
Economy
Sensex, Nifty log worst weekly run in 14 months on FII outflows, frail earnings
Indian shares logged their longest weekly losing run since August 2023 on Friday, intensifying a broad-based selloff as foreign investors ......
TMT
Swiggy looking to slash IPO valuation by 10-16%
Indian food delivery giant Swiggy is internally aiming for a company valuation of $12.5-13.5 billion for its upcoming IPO, cutting ......