The initial public offering of food delivery platform Zomato opened on Wednesday, with more than 36 per cent of shares offered being subscribed in the initial hours.
The offer received bids for 26.10 crore equity shares against an IPO size of 71.92 crore, stock exchange data showed.
Retail investors sought 1.91...
German luxury carmaker Audi on Tuesday said it will offer buyback up to 3 years from the date of purchase and high-voltage battery warranty of 8 years as part of curated packages on its upcoming all-electric SUVs -- e-tron and e-tron Sportback.
The e-tron, which will be offered in two...
Equity benchmarks Sensex and Nifty scaled fresh intra-day records in opening trade on Monday, tracking gains in heavyweights Reliance Industries, ICICI Bank and HDFC.
After touching a lifetime high of 53,126.73, the 30-share BSE index was trading 142.85 points or 0.27 per cent higher at 53,067.89 in initial deals.
Similarly, the...
India's private refiner Reliance Industry said on Wednesday a secondary unit at its export-focussed refinery in the western state of Gujarat has been shut since June 6, which may delay the shipment of some product cargoes.
The refinery, which has the capacity to process 704,000 barrels of crude per day (bpd),...
Equity benchmark Sensex dropped over 185 points in early trade on Monday, tracking losses in index-heavyweights HDFC twins, ICICI Bank, SBI and Bajaj Finance.
The 30-share BSE index was trading 188.89 points or 0.36 per cent lower at 52,285.87 in initial deals. Similarly, the broader NSE Nifty fell 80.65 points...
Growth in China's factory output slowed for a third straight month in May, likely weighed down by disruptions caused by Covid-19 outbreaks in the country's southern export powerhouse of Guangdong.
Retail sales and investment growth also came in below market expectations, but analysts say underlying activity still looks quite solid,...
Shares of Jet Airways extended their rally to Wednesday, gaining 5 per cent, after the National Company Law Tribunal (NCLT) gave its nod to the Jalan Kalrock Consortium's bid for the airline.
The stock jumped 4.98 per cent to Rs 104.40 -- its upper circuit limit -- for the day...
The Indian rupee strengthened by 12 paise to 74.25 against the US dollar in early trade on Wednesday even as the domestic equity market was trading with significant losses.
Traders said the Federal Reserve Chair Jerome Powell's comments that the US central bank will not raise interest rates too quickly...
Drug major Cipla on Wednesday said it has received final approval from the US health regulator for Arformoterol Tartrate Inhalation Solution, used to treat conditions like chronic bronchitis and emphysema, in the US market.
The approved product is a generic version of Sunovion Pharmaceuticals Inc's Brovana.
The company has received final...
The country's largest carmaker Maruti Suzuki India on Monday said it has expanded its vehicle subscription services to four more cities -- Jaipur, Indore, Mangalore and Mysore -- taking the total number to 19 cities.
The company said it has also launched a marketplace model for its subscription service --...
