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Affle India shares soar 25% on stock market debut

TMT

08 August, 2019

Affle India shares soar 25% on stock market debut

Affle (India) Ltd, the local arm of Singapore-based mobile solutions company Affle Holdings Pte. Ltd, made a strong debut on ......

Spandana Sphoorty IPO sails through; Sterling & Wilson hits one-third mark

Finance

07 August, 2019

Spandana Sphoorty IPO sails through; Sterling & Wilson hits one-third mark

The initial public offering of Hyderabad-based microlender Spandana Sphoorty Financial Ltd sailed through on Wednesday while the...

Sensex drops 0.77% as RBI rate cut sparks growth concerns

Markets

07 August, 2019

Sensex drops 0.77% as RBI rate cut sparks growth concerns

Indian shares ended lower on Wednesday, after the country’s central bank announced an unconventional 35 basis-point cut...

Spandana's IPO crosses one-fourth mark on Day Two; Sterling & Wilson off to slow start

Finance

06 August, 2019

Spandana's IPO crosses one-fourth mark on Day Two; Sterling & Wilson off to slow start

The initial public offering (IPO) of Hyderabad-based micro lender Spandana Sphoorty Financial Ltd made some progress on the second...

Sensex ends higher ahead of RBI policy outcome

Markets

06 August, 2019

Sensex ends higher ahead of RBI policy outcome

Indian shares closed higher on Tuesday ahead of the central bank’s monetary policy decision, with banking and financial...

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Sovereign fund, US hedge fund among anchor investors in Sterling & Wilson's IPO

Infrastructure

05 August, 2019

Sovereign fund, US hedge fund among anchor investors in Sterling & Wilson's IPO

Sterling & Wilson Solar Ltd, the solar engineering and construction arm of Shapoorji Pallonji Group, has attracted a number...

PE-backed Spandana Sphoorty's IPO subscribed nearly 6% on first day

Finance

05 August, 2019

PE-backed Spandana Sphoorty's IPO subscribed nearly 6% on first day

The initial public offering (IPO) of Hyderabad-based microlender Spandana Sphoorty Financial Ltd got off to a slow start on Monday,...

Sensex, Nifty drop to five-month lows on global cues, govt's Kashmir move

Markets

05 August, 2019

Sensex, Nifty drop to five-month lows on global cues, govt's Kashmir move

Indian shares on Monday ended at a fresh five-month low, amid a global sell-off after US President Donald Trump’s decision...

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Local PE firm, hedge fund among anchor investors in Spandana Sphoorty's IPO

Finance

02 August, 2019

Local PE firm, hedge fund among anchor investors in Spandana Sphoorty's IPO

Hyderabad-based micorfinance lender Spandana Sphoorty Financial Ltd has attracted a set of prominent domestic and institutional...

Govt may put 35% minimum shareholding rule for listed entities on hold

Markets

02 August, 2019

Govt may put 35% minimum shareholding rule for listed entities on hold

India's government is likely to put on hold a plan to raise the minimum public shareholding in listed companies to ......

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