Without doubt, bears have raided. We try to fathom what further damage could they cause, for how long and how to cope with it.
With razor-sharp focus on deliveries and customer experience, powered by strong in-house technology built ground-up, Swiggy is emerging as the food ordering platform of choice.
Earlier last month, SBI had priced its rights share at Rs 1,590 per share (face value Rs 10 each). Even after decline in its price in the recent days, SBI share was ruling at over 25 per cent premium over the rights issue price. The scrip was ruling at Rs 2,131.90 in the afternoon trade on BSE on Friday, down 1.08 per cent from Thursday's close of Rs 2,155.20.
Four Soft, a Hyderabad-based supply chain management software solutions firm, plans to raise Rs 15 crore through an initial public offering of 1.5 million equity shares at a premium of Rs 90 a share.
Share prices of 17 of the 20 companies, which floated their initial public offers (IPOs) during the period, are now trading below their issue price. Twelve issues were listed below their offer price.
Investors must keep in mind that the bank has significant room for improvement, which could justify its aggressive valuations of Rs 275.
Sonal lived the feminist slogan: The personal is political, in a way few feminists have been able to. She will be remembered and missed for doing this not with a dour self-righteousness, but with humour and a rare joie de vivre, remembers Jyoti Punwani.
Dabangg 3 is the kind of indulgent rubbish that dispels the fundamentals of filmmaking to highlight its hero's virtue and vigour at any cost, sighs Sukanya Verma.
Yoga guru Baba Ramdev's Patanjali Ayurved on Wednesday made its first big acquisition when it paid Rs 4,350 crore to take over soya food brand Nutrela-maker Ruchi Soya through an insolvency process. The acquisition will help Patanjali acquire edible oil plants as also soyabean oil brands such as Mahakosh and Ruchi Gold.
The country's second largest lender ICICI Bank Ltd on Thursday said it would raise upto Rs 5,750 crore (Rs 57.5 billion) through public offer of equity shares.\n
LIC's Rs 3,000 crore bid helped HAL reach the minimum 10 per cent dilution threshold required for listing, sources said
The company is against strong competition, which has deep pockets. This adds uncertainty to the success of the operations of its subsidiaries abroad.
'Through the year, we heard many talk about the increasing time spent on digital. But 93% of all video consumption happens on TV,' points out Partho Dasgupta, CEO, BARC India.
Proceeds would be used for business expansion, repayment of loans and working capital requirements
Mukesh Ambani's Reliance Jio, however, continued to add wireless subscribers
Citicorp International Finance Corporation plans to acquire 14.16 per cent stake in Monnet Ispat for Rs 35.27 crore (Rs 352.7 million) to partly fund expansion of the company's Raigarh unit manufacturing sponge iron and mild steel.
Several institutional investors were ineligible to invest in these companies as they failed to meet the disclosure norms
Given the fragmented nature of the domestic cable TV market and the need for last-mile connectivity, RIL, said sources, would have to do more to achieve its target of reaching 20 million homes and 15 million business establishments with its broadband services across 1,600 towns in the next few years.
"If telecom changed the game for how business was done in India, then we need 20 more of those systemic game-changers to take us to the next level," Ronnie Screwvala tells Pavan Lall.
Monte Carlo has raised a little above Rs 100 crore (Rs 1 billion) from anchor investors at Rs 645 a share.
The three companies - Ola, Hyundai and Kia - will co-create solutions to operate and manage fleet vehicles.
Global OTT players are late to the party. Indian players like Hotstar and Hungama Play have surged ahead with customisations tailored for the Indian viewer.
The offer of $196 per share represents a premium of 49.5 per cent to LinkedIn's Friday closing price
Market watchers believe that the change in guidelines fly in the face of some of the recent initiatives taken by the government, such as easing norms for foreign portfolio investors.
Software market in India grew 10 per cent to $4.76 billion in 2013, driven by strong adoption of cloud or subscription-based services, research firm Gartner said.
Hewlett Packard currently owns 60.5 per cent of BSE and NSE-listed Mphasis.
Market players were cautious over Reliance Industries on Wednesday following reports that Sebi has asked CBI to probe into UTI's subscription to the company's debenture issue.
