‘There’s been interest from multiple states, and exploratory conversations are ongoing.’ Photograph: Kind courtesy Namma Yatri/Instagram Zero-commission mobility platform Namma Yatri is planning to expand its services to new geographies by collaborating with the government and communities. Shan M S,
As fintech major Pine Labs gears up for its initial public offering (IPO), its Draft Red Herring Prospectus has highlighted its top executives’ pay and stock options, including those of chief executive officer (CEO) Amrish Rau. Photograph: Courtesy, Pine Labs
‘The original provision will be restored. AMT is meant only for those claiming deductions, not for firms earning regular income like capital gains,’ a senior government official said. Illustration: Dominic Xavier/Rediff The government is likely to fix a key omission
Adani Group chairman Gautam Adani and his family members on Saturday attended the Rath Yatra in Puri and offered prayers. IMAGE: Gautam Adani with wife Priti and son Karan seek blessings during the annual Rath Yatra of Lord Jagannath and
Foodlink F&B Holdings (India), a catering and food retail chain company, has filed preliminary papers with capital markets regulator SEBI to raise funds through an initial public offering (IPO). The IPO is a mix of fresh issue of equity shares
Some of the world’s biggest money managers are wary of chasing the stock rally further in the second half of 2025, bracing for more volatility. Markets are wrapping up a wild six months that saw the S&P 500 plunge 19%
India’s macroeconomic health is in a “relative goldilocks situation”, and although the risk of higher landed oil prices, due to insurance cost surges and closure of choke points due to the brief Israel-Iran war, has receded, it is “too soon
Private sector ICICI Bank on Friday said its board has approved additional 2 per cent increase stake in its asset management arm ICICI Prudential Asset Management Company. Photograph: Francis Mascarenhas/Reuters The board of the bank on Friday approved purchase of
India’s forex reserves dropped by $1.01 billion to $697.93 billion for the week ended June 20, the Reserve Bank of India said on Friday. Illustration: Dado Ruvic/Reuters In the previous reporting week, the reserves had jumped by $2.29 billion to
India posted a current account surplus of $13.5 billion or 1.3 per cent of GDP in March quarter 2024-25 as compared with $4.6 billion in the year-ago period mainly on account of surge in services exports and higher remittances, according
