Sentiments took a hit after broader Asian markets weakened, following a renewed sell-off on Wall Street on Tuesday as energy shares dropped after crude oil prices plunged to a 13-month low amid weak earnings and US-China trade disputes, fuelling worries about economic growth
As billions of dollars flow into India's booming online economy, some investors are beginning to fret that soaring valuations could hamper market listings.
In the past few days, many companies, including fashion e-tailer Nykaa, food delivery platform Zomato, logistics and delivery firm Delhivery, insurance discovery platform PolicyBazaar, eyewear retail chain Lenskart, and edtech and online tutoring firm Byju's, have openly spoken about their IPO plans.
Lupin was the top gainer after the USFDA cleared its Goa facility
Omkeshwar Singh, Head, Rank MF, a mutual fund investment platform, answers your queries.
Though Google's investment is minuscule and will not move the needle, it will attract other investors to the company and be a morale booster. Pursuing Vodafone Idea would potentially pit Google against Facebook and an increasingly dominant Jio.
Among the biggest winners of a successful IPO would be co-founder Evan Williams with a 12 per cent stake.
Time to take profits and move to the sidelines in an euphoria, says Sonali Ranade
If the deal goes through this will be second deal for Ebix in seven months, having bought Centrum group's forex and travel business Centrum Direct for a reported Rs 1,2000 crore valuation last August.
Roadshows will be held in Singapore, Hong Kong, London, New York and Boston, NTPC gained close to 1%.
Market breadth depicted gains with 1,476 advances over 1,403 declines on the BSE. 140 stocks remained unchanged.
BSE Auto was the top sectoral loser with a 4.6% fall followed by realty sector down 3.7% and consumer durables 3.6% post disappointing IIP numbers
Omkeshwar Singh, Head, Rank MF, a mutual fund investment platform, answers your queries.
Bidders eyeing parts of Canadian smartphone maker than the whole company, say sources
The car firm however does not want to sell its business.
$47.6 bn capital invested across 921 deals in India in 2020, despite pandemic.
Exchanges have twin roles: commercial and regulatory.
Investors widened their bets on optimism that upcoming general budget -- to be unveiled next month - would contain incentives for corporates, which will help boost the economy
Omkeshwar Singh, head, Rank MF, a mutual fund investment platform, answers your queries.
Monsoon is expected to be normal in June.
The company is likely to choose one of its existing auditing partners -- PricewaterhouseCoopers, EY (formerly Ernst & Young) and KPMG -- as an advisor for the listing process.
Bourses ask for okay in the 'permitted to trade' category; brokers and legal experts speak in favour.
Sensex witnessed the biggest single day gain since May 2009 in absolute terms.
The 30-share Sensex ended down 208 points at 27,057 and the 50-share Nifty closed 59 points lower at 8,094.
Omkeshwar Singh, Head, Rank MF, a mutual fund investment platform, answers your queries.
An insider said that over the past decade or so Cipla has become immune to the exits of leaders. There have been no directional change in the long-term strategies.
In one of the biggest deals in the media and advertising space, French advertising agency Publicis Groupe will acquire US digital marketing firm Sapient in an all-cash deal worth $3.7 billion.
The addition of a mobile payments service to Apple Inc's next iPhone could help to boost sales of the larger-screen phones and claw back market share lost to mobiles running on Google Inc's Android platform.
Do we not understand that risk and return go hand-in-hand, or do we, in our rush to get rich, simply choose to ignore risk, wonders Ramabhadran S Thirumalai.
Four new retailers from US, two from Germany may have shown interest in setting up shop in India.
The increase in bookings has also meant a significant reduction in overall costs for the online travel agencies and a consequent narrowing of losses.
Facebook is appealing the class certifications, which the Menlo Park, California-based company said are "without merit" and conflict with "well-settled" precedent
Omkeshwar Singh, Head, Rank MF, a mutual fund investment platform, answers your queries.
As Nasdaq-listed company indicates poor spending in financial services space, Indian firms feel jittery
Gold funds have returned -5.2 per cent, while the Sensex is down 7 per cent in the past year.
Hoard cash. There will be plenty of time and opportunity at far lower levels, warns Sonali Ranade in her weekly Market Notes
As his personal wealth started booming, Mallya went on a buying spree.
Firm to prune domestic costs through initiatives such as voluntary separation