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Reuters

Ola Cabs mulls $500 mn IPO, to appoint bankers soon

Infrastructure

19 April, 2024

Ola Cabs mulls $500 mn IPO, to appoint bankers soon

Indian ride-hailing firm Ola Cabs is planning an initial public offering (IPO) to raise $500 million at a company valuation ......

Sensex, Nifty recover intraday losses on Friday but end in red for the week

Finance

19 April, 2024

Sensex, Nifty recover intraday losses on Friday but end in red for the week

India's benchmark indexes bucked the global weakness to end higher on Friday, boosted by HDFC Bank, although the gains were ......

Rupee off record low in Friday's session on likely RBI intervention

Economy

19 April, 2024

Rupee off record low in Friday's session on likely RBI intervention

The Indian rupee recovered after slipping to a record low on Friday, on likely intervention by the central bank and ......

Abu Dhabi firm IHC's arm offers to acquire Vedanta's Zambian copper business

Infrastructure

19 April, 2024

Abu Dhabi firm IHC's arm offers to acquire Vedanta's Zambian copper business

The mining investment arm of Abu Dhabi's most valuable company has offered to buy a majority stake in Vedanta Resources' ......

Tata Motors plans Jaguar Land Rover EV imports to India under new policy

Manufacturing

19 April, 2024

Tata Motors plans Jaguar Land Rover EV imports to India under new policy

India's Tata Motors plans to import its Jaguar Land Rover (JLR) luxury electric cars under a new government policy that ......

Convergent-backed Agilitas Sports acquires exclusive rights for Lotto in India, Australia

Consumer

19 April, 2024

Convergent-backed Agilitas Sports acquires exclusive rights for Lotto in India, Australia

Indian sports and athleisure company Agilitas Sports said on Friday it had acquired exclusive rights to design, manufacture, and distribute ......

Rupee ends Thursday's session at fresh record low

Economy

18 April, 2024

Rupee ends Thursday's session at fresh record low

The Indian rupee logged a record closing low against the dollar on Thursday, but ended little changed as it was ......

Decline in income from asset divestments caps Blackstone's Q1 earnings growth

Finance

18 April, 2024

Decline in income from asset divestments caps Blackstone's Q1 earnings growth

Blackstone Inc, the world's largest private equity firm, said on Thursday that its first-quarter distributable earnings rose 1% year-on-year supported ......

Binance gets Dubai regulator nod to onboard retail clients

TMT

18 April, 2024

Binance gets Dubai regulator nod to onboard retail clients

Cryptocurrency exchange Binance said on Thursday it had secured a licence from Dubai's regulator VARA that will allow the platform ......

Abu Dhabi's TAQA in talks with investors of Spanish firm Naturgy for possible takeover

Infrastructure

18 April, 2024

Abu Dhabi's TAQA in talks with investors of Spanish firm Naturgy for possible takeover

Abu Dhabi's TAQA is in talks with the three largest shareholders of Spanish energy firm Naturgy with a view to ......