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S&P retains India FY25 GDP growth estimate at 6.8%
S&P Global Ratings on Monday retained India's GDP growth forecast for the current financial year at 6.8 per cent and said high interest rates and lower fiscal spur would temper demand
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Ola Electric is said to face investor pushback on IPO valuation
Ola Electric Mobility Ltd., India’s largest electric scooter maker, is facing investor pushback on its targeted valuation for its upcoming initial public offering, according to people familiar with the matter
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Stock Market: Sensex slides 600 pts amid volatility; RIL, HUL fall 2%
The BSE Sensex, and the Nifty50 witnessed a sharp downturn in intraday trade on Friday amid selling in heavyweights like HDFC Bank, Reliance Industries, L&T, HUL, Axis Bank, and Bajaj Finance
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Indian rupee hits a record low against UAE dollar
Earlier today, at the interbank foreign exchange market, the local unit opened at 22.732 and lost further to 22.746 against the dirham, registering a fall of 4 paise from its previous close
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Tata Motors to increase commercial vehicle prices from July
Automaker Tata Motors on Wednesday, June 19, announced that it will increase the prices of its commercial vehicles, effective July 1, 2024, by up to 2%
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Fitch raises India's growth estimates for FY25 to 7.2%
Fitch Ratings on Tuesday raised India's growth forecast for current fiscal to 7.2 per cent, from 7 per cent projected in March, citing a recovery in consumer spending and increased investment
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India’s Oyo, valued at $10B, finalizes new funding at $2.5B valuation
Oyo, the Indian budget-hotel chain startup, is finalizing a fresh fundraise of about $100 million to $125 million that slashes its valuation to $2.5 billion, two people familiar with the matter told TechCrunch.
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