Page 1917 - Latest News

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

Trump meets Israel's Netanyahu for pivotal talks on Gaza peace proposal

Washington presented a 21-point peace plan to Arab and Muslim states on the sidelines of the U.N. General Assembly last week

Motilal Oswal MF buys Bharat Forge's shares worth nearly ₹378 crore

According to the bulk deal available on the NSE, Motilal Oswal Mutual Fund (MF) purchased nearly 32 lakh equity shares, or 0.65 per cent stake, in Pune-based Bharat Forge

Unclaimed deposits: Heirs must produce succession certificate or probate

For modest balances, banks may accept a legal heirship certificate with indemnity bond

X to challenge Karnataka HC order upholding Sahyog portal validity

Elon Musk's X will challenge the Karnataka High Court verdict that upheld the Centre's Sahyog portal, which allows online content takedowns without judicial review

India bets on EFTA, UK FTAs to offset US tariff hit on marine exports

Officials told a parliamentary panel that India's FTAs with EFTA and the UK will ease the impact of US tariffs on marine exports, while diversifying markets beyond America