Survey lauds the importance of capital markets in India's growth story

Capital markets are becoming more prominent in India's growth story, with an expanding share in capital formation and investment landscape on the back of technology, innovation and digitisation,......

HDFC Bank Q1 profit dips 6.5% sequentially on higher tax outgo, lower other income

The country's largest private lender HDFC Bank on Saturday reported a 6.51 per cent decline in its consolidated net profit to Rs 16,474.85 crore in the April-June quarter compared to the previous......

Equity capital market fee pool at 17-year high as activity up 2.5x

The fee pocketed by investment banks for handling equity share sales stood at $244 million during the first half of calendar year 2024. Illustration: Dominic Xavier/Rediff.com This was the......

Ola Electric likely to drive in IPO at a lower valuation of $4.5 billion

Ola Electric, the SoftBank-backed electric vehicle (EV) maker, is likely to pursue a valuation of approximately $4.5 billion in its upcoming initial public offering (IPO), marking about 18 per cent......