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2 mins read
India's biggest IPO off to a slow start, subscribed 0.18x on Day 1
Hyundai Motor India allocated 4.2 crore equity shares to these anchor investors at Rs 1,960 per sha…
2 mins read
Next year is already looking rough for retail store closures
Several retail chains have announced planned reductions in store numbers for 2025. If the past is a…
Dominick Reuter
7 mins read
How Prada is beating the odds and bucking the luxury slump
Thanks to coveted designs from Miu Miu and a company-wide turnaround strategy, Prada is one of the …
Madeline Berg
2 mins read
Retail inflation expected to breach 6% mark in October, says UBI Report
The continued spurt in food prices and fading of the high base effect likely led to a spike in Octo…
2 mins read
Nifty and Sensex continue downward trend, selling continues despite Trump's victory
Indian stock markets opened flat with a marginal dip on Thursday after Donald Trump's victory, whil…
2 mins read
Festive consumption growth halved in 2024 as urban demand slacks, notes Nomura
Nomura reports festive consumption growth has dropped to 15% this year. Analysts observed slower gr…
3 mins read
Sensex and Nifty fall sharply on inflation and foreign fund exodus, marking multi-month lows with five-day losing streak
Both the Sensex and Nifty faced significant losses on November 13, driven by a combination of weak …
2 mins read
New Demat account additions drop to 4-month low in October as market declines, notes report by ICICI Securities
The total number of accounts added in October fell to 3.45 million, down from 4.36 million in Septe…
ANI
2 mins read
India Inc. stares at an earnings dearth in Q2, FMCG, auto, and consumer durables falter
Indian companies, particularly in consumer-focused sectors, faced a challenging second quarter due …
2 mins read
Swiggy IPO subscribed to 2.13 times on last day of the offer
Swiggy's IPO closes today, having received strong interest from QIB and employees. The company aims…
2 mins read
3 retail stocks could see earnings plunge if Trump implements his proposed tariffs, UBS says
For some retailers, the risk of steep tariffs is "significant," UBS said. The bank flagged several …
Kelly Cloonan
2 mins read
Global energy outlook will shift once Trump returns to White House: Report
Trump's win in the US presidential election may shift the global energy outlook in response to anti…
4 mins read
Micro-trends are taking over social media, and keeping up can be really expensive
A new aesthetic or core circulates on social-media feeds every couple of weeks, pressuring consumer…
Lindsay Dodgson
1 min read
NSE client base surges past 20 crore mark; young investors lead market growth
While Maharashtra led the list with 3.6 crore accounts, UP was next with 2.2 crore accounts, follow…
2 mins read
China's retail investors are eyeing the stock market reopening after a weeklong break
China's Weibo microblog was abuzz with discussions about the stock market rally a day before they r…
Huileng Tan
2 mins read
Hyundai Motor India's shares jump 5% on second day, making up for dull debut
Retail investors were largely unenthusiastic about this IPO, subscribing only 0.5x to the offer. Th…
2 mins read
QIBs swoop in to save the day: India's biggest ever IPO fully subscribed!
QIBs (Qualified Institutional Buyers), who had been offered about 19.89% of the total issue pie, en…
2 mins read
Hyundai Motor India lists at a 1.3% discount, continuing the trend of big IPOs making a bad debut
Hyundai Motor India, which recently wrapped up the country’s biggest IPOs listed at a discount. The…
2 mins read
India's apparel retail will continue to grow with rising incomes, increased demand for affordable fashions: Centrum
As per a research report by the financial advisory firm Centrum, looking ahead, the apparel market …
ANI
1 min read
Navratri 2024: Delhi might witness business of ₹8,000 crores this festive season, predicts CAIT
The festive season in India, starting with Navratri on October 3, is set to boost economic activiti…