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Industry: Retail

Aramco declares $1.71 trillion valuation in blockbuster IPO

The much-delayed offering, a cornerstone of de facto ruler Prince Mohammed’s ambitious plan to diversify the oil-reliant economy, could exceed the world’s biggest listing -- the $25 billion float of Chinese retail giant Alibaba in 2014.

2 hours ago
Industry: Logistics, Supply Chain...

'Golden age' for Indian aviation sector; fundamentals strong: IndiGo chief

IndiGo has been aggressively expanding its operations and has started 11 overseas routes in the last one year. Recently, it placed an order for 300 more planes from Airbus and is also considering wide-body aircraft for long haul routes. IndiGo, owned by InterGlobe Aviation, is the country's largest airline with a market share of 48.2% in September.

2 hours ago
Industry: Banking & Finance,...

Hinduja Ventures rechristened NXTDIGITAL

The company reported a profit of Rs 124.18 crore against a loss after tax of Rs 175.20 crore.

3 hours ago
Industry: Banking & Finance,...

Arohan Financial shelves IPO plan for now, to focus on Rs 1,800 crore fundraising

"IPO is not on the cards right now as markets have not been very exciting for the past one year now"

3 hours ago
Industry: Banking & Finance,...

Telecom industry to consolidate further in 'no relief' scenario: Kotak Institutional

A 'no material relief' scenario would be an industry-structure-altering one.

3 hours ago
Industry: Retail

GST non-filers face cancellation of registration

Amid lower-than-expected GST collection in the past few months of the current fiscal, the Central Board of Indirect Taxes and Customs (CBIC) has directed zonal offices to go tough on non-filers.

3 hours ago
Industry: Retail

PSUs must be subjected to governance norms on par with private firms:CII

The suggestion is part of the Competitiveness Model developed by CII Research comprising six key elements to enable central public sector enterprises (CPSEs) to compete successfully in the global marketplace.

3 hours ago
Industry: Banking & Finance,...

Trade setup: Nifty vulnerable at higher levels; 12,000 stiff hurdle

The 11,930 & 11,995 levels will act as resistance. Supports may come in at 11,850 & 11,800.

3 hours ago
Industry: Computer Peripherals & IT

BioWare may revamp 'Anthem' in a bid to save it

There's no question that BioWare has struggled with Anthem between bugs and basic mechanics, and has made significant gameplay changes in a bid to keep its shared world shooter alive. However, the developer might soon resort to more drastic measures...

3 hours ago

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