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Indegene IPO opens for subscription today: Top things to know about the issue

India, May 6 -- The initial public offering (IPO) of Indegene opens for subscription today (May 6). The IPO will close on May 8 and the company plans to raise around Rs.4,275 crore through the issue. ... Read More


Nifty 50, Sensex today: What to expect from Indian stock market in trade on May 6

New Delhi, May 6 -- The Indian stock market benchmark equity indices, Sensex and Nifty 50, are likely to open higher on Monday amid positive global market cues. The trends on Gift Nifty also indicate... Read More


Budget for FY 2024/25: Strive for Fiscal Realism

Nepal, May 6 -- Finance Minister Barshaman Pun's commitment to adhering to the budget ceiling set by the National Planning Commission (NPC) has been commendable. However, the difference seen between h... Read More


Business loans boom, personal loans slows down: March banking trends after HDFC merger

New Delhi, May 6 -- In March 2024, the Indian banking sector witnessed a notable increase in gross bank credit, primarily driven by lending to businesses, while personal loans experienced a slight slo... Read More


RBI may give final nod for stake increase in IndusInd Bank soon: Ashok Hinduja

Mumbai, May 6 -- IndusInd International Holdings Ltd (IIHL), promoter of IndusInd Bank, said it is likely to receive the Reserve Bank of India's final approval to increase its stake in the private-sec... Read More


The Crucial Five: Decoding Swiggy's Roadmap To A Blockbuster $1.2 Bn Public Listing

India, May 6 -- Swiggy seems to be racing against time to show decent numbers as it gets ready for a mega $1.2 Bn IPO, comprising a fresh issuance of $450 Mn and an offer for sale (OFS) component wort... Read More


Indian stock market: 8 key things that changed for market over weekend - Gift Nifty, US jobs data to Nasdaq rally

Indian stock market, May 6 -- The domestic equity indices, Sensex and Nifty 50, are expected to open higher on Monday tracking a rally in global peers amid improved sentiment. Asian markets traded hi... Read More


Why IT firms are treating artificial intelligence as a poisoned chalice

New Delhi, May 6 -- In the 18 months or so since ChatGPT was unveiled in November 2022, the IT industry has embraced generative AI. But as its penetration has increased, IT consultants have begun warn... Read More


Buy or sell: Vaishali Parekh recommends three stocks to buy today - May 6

New Delhi, May 6 -- Despite strong global market sentiments, the Indian stock market ended lower on Friday. The Nifty 50 index ended 172 points lower after reaching a new peak of 22,794, and the BSE S... Read More


Tesla's lofty AI dreams already baked into towering valuation

India, May 6 -- Elon Musk wants people to invest in Tesla Inc. only if they trust it can make self-driving cars. The trouble is, the stock already trades at levels that assume the company has cracked ... Read More