OYO to File DRHP in November, Eyes $7–8 Billion IPO Valuation
Global travel tech firm OYO is gearing up for a major IPO move. According to reports, the company plans to file its Draft Red Herring Prospectus (DRHP) in November, with…
Powell’s Rate Cut Hint & JPMorgan’s Upgrade Fire Up IT Stocks
Indian IT stocks witnessed a sharp rally on August 25 after two major triggers — US Federal Reserve chair Jerome Powell’s dovish stance at the Jackson Hole Symposium and JPMorgan’s…
East India Pitches for Bigger Role in India’s Growth
East India is emerging as a powerful contender to drive India’s future economic growth. At the CII East India Summit 2025 in Mumbai, leaders from Odisha, Bihar, Chhattisgarh, and West…
RBI Approves SMBC’s Major Stake Purchase in Yes Bank
The Reserve Bank of India (RBI) has approved Sumitomo Mitsui Banking Corporation (SMBC) to acquire up to 24.99% stake in Yes Bank, marking a significant step in the bank’s restructuring…
India Post Suspends US Postal Bookings After Revised US Duty Rules
The Department of Posts has announced the temporary suspension of postal bookings to the United States starting 25 August 2025, following recent regulatory changes imposed by the US administration. From…
Reliance Industries Acquires Remaining Stake in Nauyaan Shipyard
Reliance Industries Limited (RIL), India’s most valuable company, has taken full control of Nauyaan Shipyard Private Ltd (NSPL) by acquiring the remaining 6.1% equity stake from Welspun Corp Ltd (WCL).…
Canara Robeco Large Cap Fund Delivers 6x Returns in 15 Years
Investors who trusted Canara Robeco Large Cap Fund back in August 2010 are now seeing extraordinary rewards. A ₹10,000 lump sum investment at inception has grown into ₹62,760 by July…
TikTok, AliExpress Accessible on Indian Networks, Govt Denies Lifting Ban
The websites of TikTok and AliExpress briefly appeared accessible to some Indian internet users today, sparking speculation about their return. However, senior government officials clarified that there has been no…
Piyush Goyal on India-US Trade Relations
Commerce and Industry Minister Piyush Goyal has reaffirmed India’s commitment to strengthening trade ties with the United States, stressing that the approach will remain open, positive, and mutually beneficial. “We…
GST Council Meeting: Tax Reforms and Revenue Concerns
The upcoming GST Council meeting is expected to focus on tax reforms and changes in GST slabs, but the real challenge lies in addressing the impact on government revenue. Prime…
