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Grapevine: ShopClues swings axe on 50% staff; IFC, others mull Azure Power stake sale

General

19 July, 2019

Grapevine: ShopClues swings axe on 50% staff; IFC, others mull Azure Power stake sale

Gurugram-based online retailer ShopClues has let go about 50% of its workforce, downsizing from about 400 to around 200 employees, ......

State-run Rail Vikas Nigam's IPO nears half-way mark on third day

Infrastructure

02 April, 2019

State-run Rail Vikas Nigam's IPO nears half-way mark on third day

The initial public offering of state-run Rail Vikas Nigam Ltd inched closer to the half-way mark after three days of ......

State-run Rail Vikas Nigam's IPO subscribed 18% on second day

Infrastructure

01 April, 2019

State-run Rail Vikas Nigam's IPO subscribed 18% on second day

The initial public offering of state-run Rail Vikas Nigam Ltd has neared the one-fifth mark after two days of bidding. The ......

State-run rail infra engineering firm Ircon eyeing $620-mn valuation in IPO

Infrastructure

07 September, 2018

State-run rail infra engineering firm Ircon eyeing $620-mn valuation in IPO

Railway infrastructure engineering and construction company Ircon International Ltd, which is owned and operated by the Union government, is seeking ......

RITES issue subscribed 67 times; strong response for Fine Organics IPO

Manufacturing

22 June, 2018

RITES issue subscribed 67 times; strong response for Fine Organics IPO

State-run railways consultant RITES Ltd received a massive response from investors on the final day of its initial public offering ......

RITES IPO fully covered on second day; Fine Organics issue subscribed 40%

Manufacturing

21 June, 2018

RITES IPO fully covered on second day; Fine Organics issue subscribed 40%

The initial public offering of state-run railways consultant RITES Ltd was fully subscribed on the second day on Thursday, thanks ......

Will railways lose its autonomy post the merger of rail & general budget?

General

21 September, 2016

Will railways lose its autonomy post the merger of rail & general budget?

The Union Cabinet on Wednesday approved a proposal to merge the railway and the general budgets. This will end a ......

Economy round-up: Cabinet to mull early budget; Modi to chair railway meeting

General

21 September, 2016

Economy round-up: Cabinet to mull early budget; Modi to chair railway meeting

The Union cabinet is set to meet on Wednesday to consider a proposal to bring forward the budget presentation to ......