Zepto May Cut IPO Size by 20% as Investor Bids Value Company at $3.5–4 Billion
Quick-commerce startup Zepto is reportedly considering reducing the size of its proposed initial public offering (IPO) by around 20%, with…
From the newsroom
JioStar profit rises 15% to Rs 665 crore in Q1; Tadka cross 100 million users
JioStar reported a 15% year-on-year increase in net profit to ₹665 crore for the first quarter of FY2026-27 (Q1FY27), supported…
MakeMyTrip India files DRHP for India IPO through confidential route
MakeMyTrip (India) Ltd., the Indian subsidiary of Nasdaq-listed online travel company MakeMyTrip, has confidentially filed its Draft Red Herring Prospectus…
Reliance Industries Q1FY27 Profit Falls 22% to ₹20,946 Crore, Revenue Hits Record ₹3.11 Lakh Crore
Reliance Industries Ltd. (RIL) reported a 22% year-on-year decline in consolidated net profit to ₹20,946 crore for the first quarter…
Jio Q1FY27 Results: Net Profit Rises 9.2% to ₹7,764 Crore, Revenue Up 12%
Jio Platforms Ltd. (JPL) reported a 9.2% year-on-year increase in net profit to ₹7,764 crore for the first quarter of…
Reliance Retail Q1FY27 results: Net profit falls 14.1% to ₹2,805 crore
Reliance Retail Ventures Ltd. (RRVL) reported a 14.1% year-on-year decline in net profit to ₹2,805 crore for the first quarter…
FCNR scheme could draw $70-80 billion from NRIs
Key takeaways FCNR scheme could bring in $70-80 billion from non-resident Indians, or NRIs. An FCNR scheme is a bank…
Starship launch abort stops SpaceX test before liftoff
Key takeaways SpaceX stopped the flight in the last moments before liftoff. A Starship launch abort is when the company…
India biggest IPO draws $31 billion in bids
Key takeaways India biggest IPO this year attracted about $31 billion in bids. Large investors drove most of the demand,…
Central Bank of India Q1 profit rises to ₹1,324 crore
Central Bank of India Q1 profit rose to ₹1,324 crore in the June quarter. Central Bank of India Q1 profit…