India was always known for its great hospitality and cuisine, but never really for its hotels, at latest not in the budget segment. Eight years ago, a startup disrupted and effectively transformed the face of the Indian hotel landscape, thou

Indian software-as-a-service company Freshworks Inc made a spectacular debut on the Nasdaq stock market in the US with its shares clocking a gain of 32 on the first day of trading. The company’s shares listed at $43.5 apiece, up almost 21 from

Data Patterns (India) Ltd, a Chennai-based supplier of electronic systems to defence and aerospace sectors, has filed its draft red herring prospectus (DRHP) with the Securities and Exchange Board of India to raise funds through an initial public off

The Indian stock market’s rapid rise to record highs has made several foreign institutional investors (FIIs) more cautious over the past couple of months. As a result, there has been a rush of money towards large-cap counters as investors look for

Real estate developer Puranik Builders Ltd has filed its draft red herring prospectus (DRHP) with the Securities and Exchange Board of India to raise funds through an initial public offering (IPO). The IPO comprises a fresh issue of shares worth R

India may have just got its biggest entertainment deal yet. The beleaguered Zee Entertainment Enterprises Ltd has got a saviour, with the Indian subsidiary of the Japanese media and electronics giant Sony Corp agreeing to merge the company with itsel

The initial public offering (IPO) of Paras Defence and Space Technologies Ltd made a strong start on Tuesday with the issue getting subscribed more than eight times within the first three hours. The offering of 71.4 lakh shares, excluding anchor a

ITC Ltd, India’s biggest cigarette maker, touched its highest stock price level in 20 months after brokerage house Jefferies raised its forecast and the government kept taxes on tobacco unchanged. The company, which has diversified into consumer

The Adani Group has hired a new chief for its entry into the media sector, pushing media stocks higher to hit circuit breakers on Monday and fuelling speculation of an acquisition move by the Gujarat-based conglomerate. The billionaire Gautam Adan

Indian stock markets have hit a new high with a renewed flush of money moving towards large-cap counters as investors are looking at some comfort factor rather than bet on high-beta mid- and small-cap stocks. Foreign portfolio investors (FPIs) or

If you are looking to invest in Glenmark Pharma, then here is all you need to know about the company, its business, and its growth prospects. About Glenmark Pharma Incorporated in 1977, Glenmark Pharma is a research-based, global pharmace

Paras Defence and Space Technologies Ltd will launch its initial public offering (IPO) next week, seeking to benefit from bullish sentiment that has pushed stock markets to record highs. The defence engineering company’s IPO will open on Septemb