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India's IPO market has seen a surge in applications, driven by the allure of listing gains rather than long-term investment. Despite the frenzy, over half of IPOs offer minimal gains, with successful allotments resembling a lottery. This pursuit of quick profits has become a national obsession, rewarding randomness over reasoned analysis....
More Retail Pvt., the food and grocery chain jointly owned by Amazon.com Inc. and Samara Capital Partners, has picked advisers for an impending initial public offering that could raise about $300 million, according to people familiar with the matter....
Stock market today: Nifty50 and BSE Sensex, the Indian equity benchmark indices, opened in red on Tuesday. While Nifty50 was below 25,950, BSE Sensex dropped over 250 points....
According to the text of the MEA statement, India has studiously avoided direct commentary on the conviction itself. New Delhi's measured response prioritised reassurance about its commitment to peace and democratic governance,...
Andhra Pradesh Chief Minister N. Chandrababu Naidu says Google's announcement of a $15 billion investment in data centers in his state is just the beginning....
India's trade deficit soared to a record high of $41.7 billion as festive demand for gold led to sharp rise in imports while U.S. tariffs hit exports....
India anticipates a modest benefit from the US lifting tariffs on agricultural products like tea, coffee, and spices. While this creates a more level playing field for Indian exporters, independent analyses suggest limited gains. Larger beneficiaries are expected to be from Latin America, Africa, and ASEAN, unless India enhances its production and export diversity....
Indian exports to the US saw a monthly uptick in October, a positive sign despite hefty tariffs. However, year-on-year figures reveal a notable decline compared to last October. Overall, India's aggregate exports faced a significant dip, with only a few key markets showing growth, while imports surged due to precious metal purchases....
India and the US are nearing a trade deal, addressing reciprocal and oil tariffs. Discussions are underway to finalize a package including US market access and tariff adjustments. Officials indicate negotiations are largely complete, with a resolution expected soon....
Indian enterprises are facing significant financial losses from cyber breaches, with nearly a quarter experiencing over $1 million in damages in the last three years. Despite this, cybersecurity spending is set to increase, driven by a focus on AI and cloud security, though talent shortages remain a key challenge....
India has made its first-ever export of jet fuel to the US West Coast, supplying Chevron amidst refinery disruptions. A 60,000-metric-ton shipment departed from Reliance Industries' Jamnagar refinery....