Gold Holdings See Sharp Decline as Foreign Exchange Reserves Retreat from Recent Highs India’s foreign exchange (forex) reserves declined by $5.654 billion to $666.933 billion during the week ended June …
Finance
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Finance
Carlsberg Files Confidentially for India IPO; Share Sale Could Raise Up to $700 Million
by Adarsh Singhby Adarsh SinghDanish Brewer Eyes Public Listing of India Business Amid Rising Demand for Premium Beer Danish brewing giant Carlsberg has taken a major step toward listing its Indian business by confidentially …
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Finance
Nayara Energy Cuts Petrol Price by ₹5 and Diesel by ₹3 Across India
by Adarsh Singhby Adarsh SinghPrivate Fuel Retailer Becomes First in Over Two Years to Reduce Pump Prices Across India In a significant relief for consumers, Nayara Energy, India’s largest private fuel retailer, has reduced …
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Finance
Fibe Reports ₹1,585 Crore Revenue, More Than Doubles Profit Ahead of ₹750 Crore IPO
by Adarsh Singhby Adarsh SinghWhy Is Fibe Entering the Public Markets on a Strong Financial Footing? Digital lending platform Fibe has strengthened its financial position ahead of its proposed ₹750 crore Initial Public Offering …
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Finance
NHAI Wins ₹1,202 Crore Arbitration Award in Karnataka Highway Project Dispute
by Adarsh Singhby Adarsh SinghTribunal Rules in Favour of National Highways Authority in Tumkur–Chitradurga BOT Project Case The National Highways Authority of India (NHAI) has secured a major legal victory after an arbitral tribunal …
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Finance
Centre Revises Passport Fees from July 1; 36-Page Passport to Cost ₹2,500
by Adarsh Singhby Adarsh SinghGovernment Announces New Passport Fee Structure, Tatkal Charges Also Increased The Central Government has announced a revised fee structure for passports and travel document services, with the new rates set …
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Finance
Why Shadowfax Stock Has Nearly Doubled Since Its IPO Listing
by Adarsh Singhby Adarsh SinghStrong Earnings, Market Share Gains and New Growth Bets Fuel Investor Confidence Logistics unicorn Shadowfax has emerged as one of India’s strongest performing newly listed technology companies, with its stock …
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Finance
Amazon To Invest Additional $13 Billion In India, Total Commitment Reaches $48 Billion
by Adarsh Singhby Adarsh SinghWhy Is Amazon Investing Another $13 Billion In India? Amazon has announced an additional $13 billion investment in India, reinforcing its long-term commitment to one of its fastest-growing global markets. …
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Finance
BharatTender Raises Pre-Seed Funding To Digitise B2B Procurement In India
by Adarsh Singhby Adarsh SinghB2B procurement technology startup BharatTender has secured ₹1.25 crore in a pre-seed funding round from an angel investor as it looks to accelerate the digitisation of business procurement and sourcing …
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Finance
SpaceX Loses $600 Billion In Value As Shares Extend Post IPO Slide
by Adarsh Singhby Adarsh SinghSpaceX Faces Sharp Post-IPO Selloff SpaceX shares extended their decline for a third consecutive trading session on Monday, erasing more than $600 billion in market value as investors reacted to …