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RBI Monetary Policy: RBI cuts repo rate by 25 bps to 5.25% amid rupee slump

India, Dec. 5 -- The Reserve Bank of India has cut the repo rate by 25 basis points to 5.25%, even as the monetary policy committee tries to balance India's record-low inflation against a plunging rup... Read More


SpiceJet comes to the rescue with 100 additional flights amid IndiGo chaos

India, Dec. 5 -- SpiceJet Ltd. has decided to operate 100 additional flights over the next few days to mitigate the chaos left in the wake of IndiGo flight cancellations and delays, according to its c... Read More


Zerodha, Groww down as Cloudfare outage takes out hundreds of websites

India, Dec. 5 -- The Cloudfare outage, which afflicted hundreds of website, has affected India's biggest online brokers, including Zerodha and Groww Ltd. "Due to a cross-platform downtime on Cloudfla... Read More


Third Cloudfare outage in less than a month takes out Zerodha, Groww briefly

India, Dec. 5 -- The Cloudfare outage, the third in less than a month, briefly affected India's biggest online trading apps including Zerodha and Groww Ltd. on Friday. Cloudflare went down after a sc... Read More


Rupee hits fresh record low of 90.42/Dollar ahead of RBI monetary policy

India, Dec. 4 -- The Indian Rupee has slipped to another record low against the US Dollar, a day before the Reserve Bank of India spells out its latest monetary policy decision. The rupee weakened to... Read More


Rupee weakens past 90/Dollar for the first time as a India-US trade deal stays in limbo

India, Dec. 3 -- The Indian Rupee weakened past the psychologically crucial 90 per US dollar mark, as delays over a India-US trade deal weighed on sentiment. The rupee weakened to a low of 90.13 per ... Read More


Rupee weakens past 90/Dollar for the first time

India, Dec. 3 -- The Indian Rupee weakened past the psychologically crucial 90 per US dollar mark on Wednesday, extending its rough patch as the weakness in trade and portfolio flows alongside worries... Read More


Meesho IPO: Price band, GMP and key details to know before subscription

India, Dec. 3 -- Meesho Ltd., an e-commerce firm for the value-conscious, is set to launch its IPO today, as the march of new-age, consumption stocks continues on Dalal Street. Backed by marquee glob... Read More


Reliance Retail brings new CEO from outside after a restructuring inside

India, Dec. 3 -- Reliance Retail Ventures Ltd. has appointed an external CEO after completion of an internal restructuring, which makes the company a direct subsidiary of Reliance Industries Ltd. ahea... Read More


Wakefit cuts IPO size, sets price band for a valuation of up to rRs.r6,000 crore

India, Dec. 2 -- Wakefit Innovations Ltd. has reduced the size and declared the price band for its IPO for a valuation of up to Rs.6,000 crore. On offer in the Wakefit IPO are new shares worth Rs.377... Read More