HDB Financial Services files draft papers with Sebi for Rs 12,500-cr IPO

HDB Financial Services, a subsidiary of HDFC Bank, has filed preliminary papers with capital markets regulator Sebi to raise Rs 12,500 crore through an initial public offering (IPO).The proposed IPO…

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Microsoft posts double-digit Q1 earnings growth, but signals slowdown in cloud services

Microsoft posted double-digit growth in both revenue and earnings for the first quarter, driven by advancements in AI integrated into its cloud services, but its forecast for slower growth in…

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What’s popular during festive season sales; What IPO valuation means to Swiggy

Hello,Happy Diwali!There’s nothing like receiving a gift from your employer on Diwali. India Inc has reportedly upped the gifting budgets, and corporates are tying up with online portals to curate…

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Country Delight raises Rs 200 Cr in debt from Alteria Capital

Alteria Capital has provided Rs 200 crore in debt to Country Delight to drive the direct-to-consumer (D2C) food essential brand’s expansion, marketing efforts and capacity building. This comes after Country Delight…

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Who is Agni Chopra? Meet the Ranji Trophy stunner lapping up Shashi Tharoor’s praises

Agni Chopra is playing his cards right in domestic cricket. Since making his debut for Mizoram in the Ranji Trophy Plate League, Chopra scored four centuries in his first four…

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Swiggy’s IPO valuation based on strategic moats and growth potential, says CFO

Swiggy’s valuation for its upcoming IPO is derived from a comprehensive institutional roadshow and a deep focus on “strategic moats” within the company’s model, CFO Rahul Bothra said during a…

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Ola Electric boosts service capacity by 30%; adds over 50 centres, 500 technicians

India's biggest e-scooter make Ola Electric has ramped up capacity at its service centres across the country by over 30% to transform its service and elevate the after-sales experience of…

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