Oyo-parent Prism files IPO papers with Sebi; eyes Rs 6,650 cr via issue

Prism, the parent firm of global travel tech unicorn Oyo, has filed preliminary papers with market regulator Sebi to raise Rs 6,650 crore through an initial public offering (IPO) using a......

Brokerages divided on Coforge-Encora deal

Coforge’s planned $2.35 billion all-stock acquisition of US-based Enc­ora has divided the Street, with a few brokerages terming it a “strategically positive” but exe­cution-heavy bet while......

Reliance sanction compliant; Russian oil benefit capped at 2.1pc of EBITDA

Reliance Industries Ltd has consistently remained compliant with international sanctions and is expected to adhere to upcoming measures on Russian oil, analysts said, estimating that oil sourced......

Ahead of IPO, Practo eyes $1 bn GMV

Digital healthcare platform Practo is targeting annualised gross merchandise value (GMV) of $1 billion by June 2026, with its expanding US operations expected to contribute between $250 million and......