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Business

Vishal Mega Mart's Rs 2,400 Cr Anchor Round Successfully Secures Prominent Investors Ahead of IPO

Vishal Mega Mart secures Rs 2,400 crore from anchor investors ahead of IPO launch, with prominent investors participating in the anchor round. The IPO will be available for subscri...

Business

India's Ultra High Net-Worth Individuals Surge Amidst Economic Boom

India's High Net-Worth Individuals (HNIs) and Ultra High Net-Worth Individuals (UHNIs) are growing at a 12% CAGR, driven by economic expansion and buoyant equity markets. Despite l...

Business

Swiggy Shares Drop 5% as Lock-in Period Ends and Profit Booking Begins

Swiggy shares dropped 5% as the one-month lock-in period for anchor investors expired, leading to profit booking. The stock fell to Rs 515.95 on the BSE and Rs 516.50 on the NSE, r...

Business

Sanjay Malhotra Assumes Role as 26th RBI Governor Amid Economic Challenges

Sanjay Malhotra assumed the role of the 26th governor of the Reserve Bank of India, welcomed by senior staff. His appointment comes amid economic challenges, with GDP growth at 5.4...

Business

Walgreens in Advanced Talks to Sell Itself to Sycamore Partners

Walgreens Boots Alliance Inc. is reportedly in talks to sell itself to New York-based private equity firm Sycamore Partners, a move that could take the company private after a deca...

Business

Boeing's Commercial Jet Deliveries Plummet to Just 13 in November Amid Challenges

Boeing's commercial jet deliveries dropped dramatically to 13 in November, significantly lower than the 56 delivered in the same month last year. The company delivered nine 737s, t...

Business

Inditex Shares Drop Despite Impressive 9M Financial Results

Inditex shares fell 6.6% despite strong 9M results, with sales up 7.1% to €27.4 billion, gross profit up 7.2% to €16.3 billion, and net income up 8.5% to €4.4 billion. Investors ca...

Business

Binance and Circle Join Forces to Elevate USDC Adoption

Binance announces a strategic partnership with Circle to boost USDC adoption by integrating the stablecoin into its products and services, providing its users with access for tradi...