Food delivery and quick-commerce major Swiggy, which is coming out with its initial public offering (IPO) on Wednesday, is seeking a valuation of about $11.3 billion. The Bengaluru-based company is aiming to garner Rs 11,327 crore from the IPO, which will comprise a fresh issue of shares worth Rs 4,499 crore along with an offer for sale (OFS) of Rs 6,828 crore. Swiggy has set a price band of Rs 371 to Rs 390 per share for its maiden public issue.
Hours after being dismissed from service for 'concealing' his marriage with a Pakistani woman, Central Reserve Police Force trooper Munir Ahmed said he solemnised his marriage nearly a month after getting permission from the force's headquarters last year.
Gensol Engineering, the beleaguered firm that came under market regulator Sebi's lens for fund diversions and governance lapses, said that its independent director Arun Menon has resigned with immediate effect.
Reilly Opelka has called for chair umpire Greg Allensworth to be suspended by the ATP after he received a code violation at the Dallas Open for confronting a spectator in the stands who he claimed was deliberately coughing to interrupt his serve.
Ola Electric is conducting an restructuring exercise which is expected to affect over 500 employees across various roles within the organisation, according to sources. This would be over 12 per cent of staff at the firm which has about 4,000 people. "This is a restructuring exercise ongoing for the last few months and is expected to conclude by next month," said a person familiar with the development.
India face a replay of their 2019 World Cup semi-final against New Zealand, while South Africa are set for a tough Australian challenge as the semi-final line-ups was confirmed on Saturday.
From the Sensex pack, Reliance Industries, Bajaj Finserv, HDFC Bank, Adani Ports, Maruti Suzuki India, Axis Bank, Hindustan Unilever, Sun Pharmaceuticals and Asian Paints were among the laggards. Reliance Industries fell the most by 2.38 per cent to close at Rs 1,171.10 apiece.
'If we play well against those two (Ashwin, Jadeja), we'll generally find ourselves in a better position compared to when they've had a field day and run through us.'
More screens, more films, and longer windows will convert to more people watching, assuming they know a film is releasing, points out Vanita Kohli-Khandekar.
India's largest drug maker Sun Pharmaceutical on Thursday posted a decline of 19 per cent year-on-year (Y-o-Y) for its consolidated net profit for the fourth quarter of the financial year 2025 (Q4FY25) at Rs 2,149.8 crore. Meanwhile, its revenue from operations rose by 8 per cent at Rs 12,958.8 crore.
'But it might spin a little bit certainly as the game goes on.'
The government has extended the PMGKAY scheme to provide 5 kg free foodgrains per month to around 80 crore poor people for another five years. A decision in this regard was taken in the meeting of the Cabinet, chaired by Prime Minister Narendra Modi, on Tuesday. Giving details on Wednesday, Information and Broadcasting Minister Anurag Thakur said the Pradhan Mantri Garib Kalyan Anna Yojana (PMGKAY) has been extended for another five years from January 1, 2024.
When you are attending one of the most high-profile weddings in the world, you expect nothing less than opulent fashion on display. That's exactly what we saw at the lavish wedding of Radhika Merchant and Anant Ambani.
Power Grid was the biggest gainer on the Sensex chart, rising 2.54 per cent, followed by Tech Mahindra, Bajaj Finance, NTPC, UltraTech Cement, Larsen & Toubro, Tata Steel, Bharti Airtel, Bajaj Finserv and HCL Technologies. In contrast, Mahindra & Mahindra, Hindustan Unilever, Infosys and Titan were among the laggards.
As many as 54 professionals will be shortlisted for the SEBI Young Professional Programme.
After falling 17 per cent since the start of the year to its March lows, the stock of the country's largest pharmaceutical (pharma) company, Sun Pharmaceutical Industries, has clawed back nearly half of those losses. Recent acquisitions, a favourable court ruling in the case of the hair loss drug Leqselvi, an edge over peers owing to its specialty portfolio, and a diversified global presence have supported the recovery.
Zverev fresh for Australian Open final after being spared gruelling Djokovic test
A letter penned by a school student lavishing praise on soldiers involved in rescue operations in landslides-hit Wayanad has won the heart of the Indian Army, which gave him a touching reply through its social media handle.
Markets regulator Sebi's new guidelines on research analysts (RAs) are forcing several equity research firms publicly announcing plans to shut down their shops due to heightened compliance and operational requirements. The Securities and Exchange Board of India (Sebi), on January 8, came out with guidelines for Research Analysts in a bid to curb fraudulent stock recommendations and illegal practices in the securities market.
For Ali, who hails from Mendhar sub-division near the Line of Control (LoC) in Poonch district, the uniform is more than a job -- it's a calling. He has dedicated nearly half his life in the police force, serving its various wings with distinction and earning multiple commendations for his courage and unwavering commitment to duty.
Spinners selected gives us best opportunity to beat India: Ben Stokes
Danielle Collins will exit the Australian Open as public enemy number one after roasting a hostile crowd at the Grand Slam and the American said following her defeat on Saturday that it was up to the fans if they wanted to repair their relationship.
A police officer and his eight siblings, including five sisters, were deported to Pakistan on Wednesday despite a court order granting them temporary relief. The nine members of the extended family, who have been living in Jammu and Kashmir for generations, were among more than two dozen people, mostly from Pakistan-occupied Kashmir (PoK), who were served deportation notices following the April 22 Pahalgam terror attack. The deportation has sparked outrage, with protests and appeals for intervention from the home minister and lieutenant governor. The family members claim they are not Pakistani nationals and have been living in the region for generations, presenting revenue records to support their claims. The court has ordered a detailed report on the case within two weeks and will hear it again on May 20.
Ten years back, 10 Lashkar-e-Taiba terrorists sailed into Mumbai from Karachi and carried out coordinated attacks that lasted three days. The terrorists carried out bomb explosions and holding innocents hostage as a fight back by security forces continued for the next 60 hours. Taj Mahal Palace hotel, Chhatrapati Shivaji Terminus railway station, Leopold Cafe were targetted in the attack that made headlines across the world.
The government on Tuesday appointed three external members -- Ram Singh, Saugata Bhattacharya and Nagesh Kumar -- to the RBI's rate-setting Monetary Policy Committee for four years. The central government has reconstituted the Monetary Policy Committee (MPC) of RBI, the finance ministry said in a statement. Ram Singh is the director of the Delhi School of Economics, Saugata Bhattacharya is an economist, and Nagesh Kumar is the director and Chief Executive, Institute for Studies in Industrial Development, New Delhi.
'People don't need to take any added medication other than plain fever medication.'
India's next match is against South Africa and Rohit said his team is ready for the in-form Proteas.
A key moment that is being anticipated in this series is Ashwin touching 500 Test wickets and becoming only second Indian and ninth overall bowler to do so.
Quarterly earnings from corporates, global trends, and trading activity of foreign investors will guide market sentiment this week, analysts said, adding that benchmark indices may face volatile trends. "The upcoming release of Q2 results will be closely watched, providing insights into corporate performance. "Meanwhile, the escalating tensions between Israel and Iran introduce a significant geopolitical risk, potentially leading to increased oil prices and market volatility.
Shubman Gill had twin challenges to tame when he entered the Test series against England -- a barren run that gripped him for nine innings, which was made grimmer when he dropped down to bat at a rather new No. 3 slot at this level.
Gold demand in India witnessed a 5 per cent on-year rise at 802.8 tonnes in 2024 supported by reduction in import duty, and purchases related to weddings and festivals, and going ahead consumption of the yellow metal in 2025 is likely to be between 700-800 tonnes, according to the the World Gold Council. The World Gold Council (WGC) in a report on Wednesday said gold demand in the country in 2024 stood at 802.8 tonnes, as against 761 tonnes in 2023.
'Unless we consistently show up with the right cars, at the right time, priced fairly, we risk becoming irrelevant very quickly.'
With India gunning for their third ICC Men's ODI World Cup, the country's first World Cup winning skipper has not been not been invited for the big game.
'It's important for India to think about areas where it wants the US to move.' 'We can be far more innovative in what we ask the US.' 'Given that there's a package deal, why not do it?'
In an impressive display, Jadeja notched up his 20th Test fifty in 84 balls, featuring five boundaries and two sixes.
Senior bankers anticipate discussions on issues related to technology, cyber security, and customer protection.
England lose Duckett chasing 399 against India
On another occasion, he recalled, as part of the SPG, he was tasked with the security of the then prime minister Manmohan Singh and assigned the responsibility of escorting Tata from Taj Mansingh Hotel in New Delhi.
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