India could be headed for its biggest-ever IPO, with Mukesh Ambani‘s Jio Platforms preparing to raise around $3.8 billion from the public market. The Reliance Industries digital services arm is expected to open its issue on October 21, with the shares likely to make their market debut on October 28, according to two people familiar…
The homebuyer booked a flat in Gurgaon and paid around Rs 1.73 crore for the apartment. (Image for representative purpose only) Buying a home is a dream for many, but if the possession of the flat is delayed then it can turn into a nightmare. In one such case, a homebuyer booked a flat in…
Airlines have scheduled 5% fewer domestic flights for the October-December quarter. (Image for representative purpose only) If you are planning to travel this festive season, airfares have just got more expensive. In fact, Indians planning to fly home this festive season or take a domestic holiday towards the end of the year may have to…
SEBI Chai also said that. “One of our biggest concerns regarding first-time retail investors is the increase in investment frauds.” Rising investment frauds are among the biggest challenges facing the Securities and Exchange Board of India (Sebi) as more retail investors enter the markets, Sebi chairman Tuhin Kanta Pandey said on Monday, while giving some…
Wall Street’s $10 billion bet on Indian hospitals becomes a blame game among stakeholders Wall Street is betting big on India’s hospitals. Patients, meanwhile, are facing a healthcare bill that is getting bigger.Over the past five years, global investors like Blackstone, KKR, TPG and General Atlantic have spent about $10 billion buying stakes in Indian…
Tata Sons chairman N Chandrasekaran Tata Sons chairman N Chandrasekaran on Monday said that India’s economy remains in a strong and stable position despite an uncertain and difficult geopolitical environment.Speaking at the Indian Foundation for Quality Management (IFQM) Symposium 2026, the chairman said that the country has consistently exceeded expectations in recent years by posting…
Rate hikes, it turns out, are an unreliable instrument for managing currency pressures rooted in global risk sentiment. By Apoorva Javadekar, Chief Economist at Shriram GroupWhen the RBI’s bulletin, published ten days ahead of its October Monetary Policy meeting, carries a chart titled “Broad-Based Uptick in CPI Headline Inflation”, the direction of travel for interest…
Aviation giant IndiGo on Monday announced a hike in fuel charges on both domestic and international flights, as rising aviation turbine fuel (ATF) costs push up the airline’s operating expenses. The revised charges will apply to all new bookings made after 0001 hrs on October 6, Tuesday.For domestic flights, the fuel charge will vary based…
Finance minister Nirmala Sitharaman India and US have reached a “plateau” in negotiations over their bilateral trade agreement, with further concessions from either side likely to be “very very difficult”, finance minister Nirmala Sitharaman said on Monday. Speaking at the Munich Leaders Meeting in New Delhi, she said that while negotiations are still underway, any…
Rupee trades near 96 paise against US dollar mark Rupee began the week on a cautious note, struggling to move away from the 96-per-dollar level, as high crude oil prices and continued foreign fund selling keeping the currency under pressure. On Monday, rupee opened at 96.20 against the US dollar before weakening to 96.26, down…
