Ircon shares tank 8% as govt#39;s OFS issue kicks off; stock up 166% YTD on December 7, 2023 at 4:51 am

Shares of IRCON International tanked nearly 8 percent as the government will sell up to 8 percent stake in the engineering and construction company through an offer for sale (OFS) on December 7 and 8.

From Unicorns to Zombies: Tech Start-Ups Run Out of Time and Money on December 7, 2023 at 5:01 am

After staving off collapse by cutting costs, many young tech companies are out of options, fueling a cash bonfire.

Europe and Asia React to U.S. Push for Tech and Clean Energy on December 7, 2023 at 5:02 am

Other governments, particularly in Europe, are trying to counter the Biden administration’s industrial policies with their own incentives.

SpiceJet shares fly 8% up on board plans to review fund-raising routes on Dec 11 on December 7, 2023 at 5:08 am

As per an exchange filing dated December 6, SpiceJet told that it will meet on December 11, 2023 to discuss and consider options for raising fresh fund raise

Interview: Rajan, Lamba seek honesty, data, debate in Indian policymaking on December 7, 2023 at 5:34 am

Speaking to Moneycontrol ahead of the release of their new book, Breaking the Mould, Raghuram Rajan and Rohit Lamba voice their concerns over the path Indian economic policy is taking

Pitch is improving | RBI to play defensive as crude skids, rupee weakens, US yield eases on December 7, 2023 at 1:42 am

RBI’s MPC is expected to maintain status quo on key rates with fifth consecutive pause when it shares the outcome of the MPC meeting on December 8. The RBI may continue to defend the wicket given softening crude prices, weakening Indian rupee and easing long term US yields.

Paytm#39;s plan to slow down Postpaid loans disappoints brokerages; stock price estimates cut on December 7, 2023 at 2:56 am

Paytm#39;s decision to scale down its low-ticket postpaid lending business comes after the RBI tightened the norms for unsecured consumer lending.

IDFC First Bank stock may open lower as Warburg Pincus likely to offload 1.3% stake on December 7, 2023 at 2:43 am

Madhivanan Balakrishnan has resigned as Executive Director and Key Managerial Personnel of IDFC First Bank, with effect from December 6.

Adani group’s $79 billion rally makes a winner of GQG’s Rajiv Jain on December 7, 2023 at 3:24 am

The sharp rebound in listed stocks of Indian billionaire Gautam Adani has proved to be a windfall for the emerging-market investor, just nine months after his firm GQG Partners Inc. bought into the Indian conglomerate.

Adani group’s $79 billion rally makes a winner of GQG’s Rajiv Jain on December 7, 2023 at 3:24 am

The sharp rebound in listed stocks of Indian billionaire Gautam Adani has proved to be a windfall for the emerging-market investor, just nine months after his firm GQG Partners Inc. bought into the Indian conglomerate.