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SoftBank-backed WeWork files for IPO, reports $700 mn loss in 2019 first half

Infrastructure

14 August, 2019

SoftBank-backed WeWork files for IPO, reports $700 mn loss in 2019 first half

WeWork owner The We Company on Wednesday filed with regulators for an initial public offering and published detailed financial...

Sensex jumps as Trump delays China tariffs

Markets

14 August, 2019

Sensex jumps as Trump delays China tariffs

Indian stock indexes ended almost 1% higher on Wednesday, after Washington delayed tariffs on some Chinese imports, bringing relief...

Sensex slumps as auto stocks take beating

Markets

13 August, 2019

Sensex slumps as auto stocks take beating

Indian shares ended sharply lower on Tuesday, led by a drop in automotive stocks after data showed monthly passenger vehicle ......

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Fairfax sitting on stellar gains as CSB Bank files for IPO

Finance

12 August, 2019

Fairfax sitting on stellar gains as CSB Bank files for IPO

Canada’s Fairfax Financial Holdings Ltd, which is controlled by Indian-born Canadian billionaire Prem Watsa, is sitting...

Radhakishan Damani sells nearly $125-mn stake in D-Mart again

Consumer

09 August, 2019

Radhakishan Damani sells nearly $125-mn stake in D-Mart again

Ace stock market investor Radhakishan Damani, who is also the promoter of Avenue Supermarts Ltd, on Friday sold a 1% ......

Nifty, Sensex post first weekly gain since mid-July as govt reviews FPI surcharge

Markets

09 August, 2019

Nifty, Sensex post first weekly gain since mid-July as govt reviews FPI surcharge

Indian shares ended higher on Friday led by automobiles and financial stocks, and recorded their first weekly gain since mid-July,...

Chemcon Speciality Chemicals files draft papers for IPO

Manufacturing

09 August, 2019

Chemcon Speciality Chemicals files draft papers for IPO

Vadodara-based Chemcon Speciality Chemicals Ltd has filed draft papers with the Securities and Exchange Board of India to float...

Sterling & Wilson IPO sails through after company trims issue size

Infrastructure

08 August, 2019

Sterling & Wilson IPO sails through after company trims issue size

The initial public offering of Sterling & Wilson Solar Ltd sailed through on the final day on Thursday after the ......

Sensex, Nifty jump on reports govt planning sops for investors

Markets

08 August, 2019

Sensex, Nifty jump on reports govt planning sops for investors

Indian shares rallied in late trading on Thursday and posted their biggest gain in 11 weeks, after reports that the ......

Govt may roll back tax hike for foreign portfolio investors

Finance

08 August, 2019

Govt may roll back tax hike for foreign portfolio investors

India is likely to exempt foreign portfolio investors from an increase in taxes that was part of the budget approved ......

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