The initial public offering (IPO) of on Tuesday, with the retail portion getting fully subscribed within hours of bidding. The early momentum reflects rising appetite for India’s value e-commerce story,…
Category: Testing
Rupee in freefall, slides past 90 against US dollar: What next?
The rupee on Wednesday, slipping to 90.11 in early trade to hit an all-time low. The move shocked traders despite weeks of mounting pressure on the currency from global and…
Meesho IPO open for bidding: Should you subscribe? Check strength and key risks
Meesho’s IPO has opened for bidding, drawing strong interest from investors who want to take part in India’s fast-growing value e-commerce market. The company, known for its deep reach in…
Rupee hits all-time low, slips past 90 against US dollar for first time
The rupee slipped to its weakest level on record on Wednesday, falling past 90 per US dollar in early trade. The move had been building for weeks as global investors…
Sensex, Nifty open flat as rupee hits all-time low
Benchmark stock market indices opened flat on Wednesday, and investors awaited key announcements from the RBI MPC (Monetary Policy Committee) announcements. The S&P BSE Sensex was down by 281.56 points…
Delhi startup founder shuts down company after ‘frivolous complaint’ by client
Delhi-based entrepreneur Vaibhav Chawla has shut down his warehousing startup, Wherehouse, citing operational challenges after a client’s “frivolous complaint” allegedly led to the police detaining several employees without proper documentation.…
RBI MPC meet begins today: Will rate cuts finally return?
The Reserve Bank of India will begin its final Monetary Policy Committee (MPC) meeting of the year on December 3, at a time when the economy is expanding at its…
EU to push ahead with plan to use Russia’s frozen assets for Ukraine: Report
The European Commission plans to make a legal proposal this week to use frozen Russian assets to fund Ukraine while also leaving open the possibility of borrowing on financial markets…
From ICICI and HDFC to SBI: Here’s what 5 major banks are charging on personal loans
If you are thinking of taking a personal loan this month, comparing interest rates can make a real difference to your overall cost. Even a small change in rates can…
Sensex closes 500 points lower, Nifty below 26,100; RIL down 1%
Benchmark stock market indices closed lower on Tuesday, as investor sentiment was cautious ahead of RBI’s rate cut announcement, leading to profit booking. The S&P BSE Sensex lost 503.63 points…