The cumulative amount that companies filing their DRHPs this year are looking to raise is Rs 1.6 trillion, compared to Rs 1 trillion during H12024.. The filing of draft red herring prospectuses (DRHPs) picked up pace during the first half
India’s consumer price index (CPI)-based retail inflation rate is likely to have cooled further in June, thus remaining below the 4 per cent target of the Reserve Bank of India (RBI) for a fifth consecutive month, giving the central bank
Priya Nair will become the first woman CEO and MD of Hindustan Unilever Ltd (HUL) effective August 1, 2025, with India’s largest FMCG firm announcing her appointment on Thursday. Photograph: Courtesy, HUL Nair, currently president, Beauty & Wellbeing, Unilever, has
An Indian commerce ministry team will soon visit Washington for another round of talks on the proposed trade agreement with the US to iron out differences in sectors, like agriculture and automobiles, a government official said on Thursday. IllustrationL Dado
Rapido — one of the largest players in the bike taxi commute business — says the new guidelines released by the central government on July 1, permitting “non-transport motorcycles” for aggregators, no longer give states the option of rejecting the
Apple Inc has named India-origin Sabih Khan as its new Chief Operating Officer (COO), marking a key move in its long-planned leadership transition. Khan, 58, who has been with Apple for 30 years and is currently the senior vice president
The net inflow into equity mutual funds surged 24 per cent to Rs 23,587 crore in June, reversing the declining trend of the last five months, driven by strong equity market performance across segments, data released by the Association of
Stock markets closed lower on Wednesday due to selling in IT and oil & gas shares as investors turned cautious ahead of the start of earnings season and mixed global trends. Photograph: Arko Datta/Reuters Dragged by late selling, the 30-share
MeitY is in discussions with global Fortune 500 and Fortune 1000 companies, mid-tier firms, and state government officials on a three-pronged approach to setting up new GCCs in India. Illustration: Dominic Xavier/Rediff The central government will soon come out with
President Donald Trump on Tuesday claimed that BRICS was established to “hurt” the US and “degenerate” the dollar as he warned that the member countries of the bloc would face a 10 per cent tariff. Photograph: David Dee Delgado/Reuters Trump
