Page 1763 - Latest News

Tata Capital eyes ₹1.38 trillion market capitalisation in largest NBFC IPO

Tata group company's ₹15,512 crore issue to also be biggest since June 2024

Inflation must be RBI's priority with strict vigil, oversight assured

The RBI performs multifarious functions, some of which are, in fact, conflicting. It isn't easy to spell out the KPIs (key performance indicators) to judge its performance objectively

One for the girls: Poor sex ratio underlines Delhi's social regression

Strengthening legal deterrents in this manner may be necessary to ensure that loopholes in the law banning sex-selection tests are closed

Structural gains, valuation support positive for PSU bank stocks

PSU banks have gained 10% in a month as improved profitability, strong deposit franchises, stable asset quality and reasonable valuations drive investor interest

EFTA to come into effect from Oct 1, negotiating FTAs with others: Goyal

The EFTA bloc comprises four nations - Iceland, Switzerland, Norway and Liechtenstein. The deal was signed in March last year but will kick in from Thursday

Credit divide: Gaps exist in rural finance access despite progress

According to the Reserve Bank of India's Annual Report for 2024-25, there has been a significant increase in the number of banking outlets in rural areas over the past decade

WeWork India eyes over 20% revenue growth; IPO opens on October 3

WeWork India plans 20% revenue growth, capacity expansion and debt reduction as it launches a Rs 3,000 crore IPO, valued at Rs 9,000 crore at the top of the price band

Zoho IPO unlikely soon, hints Sridhar Vembu; focus on R&D initiatives

Zoho founder Sridhar Vembu said the company will not seek an IPO soon, citing the success of Arattai and its focus on Bharat-specific research and development projects

Festival sales: Quick-commerce leads with over 85% order volume growth

Unicommerce analysis shows quick commerce outpacing e-commerce in festive week order volumes, led by FMCG, beauty, wellness, electronics and strong Tier-II, Tier-III city demand

Tata Capital IPO pops unlisted market bubble with price band shock

Unlisted investors confront lower than expected prices and waning pre-listing gains

Vodafone Idea seeks waiver of penalty and interest on AGR dues in SC

Vodafone Idea has filed an amended petition in the Supreme Court seeking waiver of penalty, interest and interest on penalty on its adjusted gross revenue dues

Elevate Campuses files DRHP with Sebi to raise ₹2,550 crore via IPO

Elevate Campuses, India's largest student accommodation platform, has filed draft papers with Sebi for a Rs 2,550 crore IPO to fund acquisitions, debt repayment and expansion

India chases the perfect mini-break this Dussehra as travel demand rises

Leisure hotspots and short-haul SE Asia see surge in demand as hotel tariffs and airfares climb 15-30%

Datanomics: India doubles its share in prescription drugs to the US

The Indian pharma stocks tanked after the announcement due to the ambiguity surrounding the impact of tariff on complex generics and specialty medicines supplied by the Indian pharma companies

UP Rera imposes fines, orders punitive action on multiple developers

In its latest hearing, the UPRERA bench reiterated that violations of the Real Estate (Regulation and Development) Act "would not be tolerated"

US President Donald Trump announces 100% levies on foreign-made films

US tariffs may script huge setback for Indian films; industry's revenue from US may take 30-40% hit

Q2 results preview: Destocking prior to GST 2.0 may impact FMCG sales

FMCG companies face muted sales in July-September as distributors slow purchases ahead of GST-driven MRP cuts, with Hindustan Unilever citing a short-term impact

Electronic Arts to go private in record $55 billion leveraged buyout

The deal would rank as one of the largest leveraged buyouts in history, surpassing 2007's buyout of TXU Energy and other major buyouts of that decade including Toys 'R' Us and Hertz

US Treasury's gold reserves hit $1 trillion in value after record rally

The world's biggest gold stash passed the milestone after prices rose above $3,824.50 an ounce on Monday, in a 45% rally this year

Moldova's pro-EU party wins pivotal election in setback for Russia

"This is not just a party's victory" it is Moldova's victory. The European path is our way forward," Sandu said on X