E-commerce platform Shiprocket, backed by Temasek, has submitted updated draft papers to the markets regulator, Sebi, to raise ₹2,342 crore via its initial public offering (IPO). The public issue comprises a fresh issue of equity shares worth up to ₹1,100
Brookfield Asset Management will invest $1 billion to develop Asia’s largest global capability centre (GCC) in Mumbai’s Powai, the New York-based global alternative asset manager said in a statement on Friday. Photograph: Mark Blinch/Reuters The infrastructure arm of Canada’s investment
Prada’s Kolhapuri chappals will debut globally in February across 40 Prada stores and on the brand’s e-commerce platform. IMAGE: Kolhapuri chappals were spotted at the Prada Spring-Summer 2026 menswear collection during the Milan Fashion Week. Photograph: Alessandro Garofalov/Reuters Prada, Lidcom
Retail inflation inched up to 0.71 per cent in November on rising prices of vegetables, protein-rich items, and fuel, government data showed on Friday. Photograph: Amit Dave/Reuters The consumer price index (CPI)-based retail inflation had fallen to a record low
India’s forex reserves jumped by $1 billion to $687 billion during the week ended December 5, the RBI said on Friday. Photograph: Lee Jae-Won/Reuters In the previous reporting week, India’s forex reserves had dropped by $1.88 billion to $686 billion.
Aurobindo Pharma Ltd said the United States Food and Drug Administration (FDA) has completed its inspection of Unit-V, an API manufacturing facility of its wholly-owned subsidiary Apitoria Pharma Private Limited, in Telangana. The inspection was conducted from December 1-12, 2025,
Corona Remedies GMP in focus: Pharmaceutical firm Corona Remedies, whose IPO garnered massive investor interest during its three-day bidding period, with subscription crossing over 144 times, is set to debut on the bourses on Monday, December 15. Ahead of the
‘I don’t think we should ever negotiate with deadlines or hard stops because we tend to make mistakes then.’ IMAGE: Union Commerce and Industry Minister Piyush Goyal meets Italy’s Deputy Prime Minister and Foreign Minister Antonio Tajani in Mumbai, December
Equity mutual funds attracted Rs 29,911 crore in November, marking a 21 per cent increase from the preceding month, according to data released by industry body Amfi on Thursday. Illustration: Dominic Xavier/Rediff This rise in inflows comes after three consecutive
The rupee plunged 38 paise to close at an all-time low of 90.32 against the US dollar on Thursday amid uncertainty over the India-US trade deal. Illustration: Dominic Xavier/Rediff Forex traders said the rupee is expected to trade with a
