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Rupee opens 4 paise higher at 95.40 against US dollar

New Delhi, Aug. 12 -- The rupee opened 4 paise higher at Rs.95.40 against the US dollar on Wednesday, 12 August, but sentiment remained cautious as Brent crude approached $90 a barrel and Asian curren... Read More


For AI startups, venture capital shifts focus from growth to durable margins

New Delhi, Aug. 12 -- Venture capital firm Accel, which has backed Flipkart, Swiggy and Freshworks, says generative artificial intelligence (AI) has fundamentally changed the metrics Indian investors ... Read More


Horizon Industrial Parks IPO: Price band set at Rs.57-60 per share; check key dates, issue details

New Delhi, Aug. 12 -- Horizon Industrial Parks IPO price band: The Horizon Industrial Parks Limited IPO price band has been fixed in the range of Rs.57 to Rs.60 per equity share of the face value of R... Read More


Horizon Industrial Parks IPO: Price band set at Rs.57- Rs.60 per share; check key dates, issue details

New Delhi, Aug. 12 -- Horizon Industrial Parks IPO price band: The Horizon Industrial Parks Limited IPO price band has been fixed in the range of Rs.57 to Rs.60 per equity share of the face value of R... Read More


BMC proposal to replace sports complex reservation in Mulund with petrol pump runs into opposition

India, Aug. 12 -- The Brihanmumbai Municipal Corporation's (BMC) proposal to alter the reservation of a 4,247.50-square metre (sqm) land parcel in Mulund East - earmarked for a sports complex and stad... Read More


Dhoot Transmission IPO day 3: Issue subscribed 4 times so far; check latest GMP, issue review; should you apply or not?

New Delhi, Aug. 12 -- The initial public offering (IPO) of electrical and electronics company, Dhoot Transmission, is witnessing decent buying interest. The Rs.3,067 crore book build issue, which open... Read More


State cuts interest rate for delayed land acquisition compensation

India, Aug. 12 -- The state cabinet on Tuesday approved a new formula for calculating interest on delayed land acquisition compensation payable to farmers and other affected landowners, effectively re... Read More


Yeida earmarks land for regional medical hub near Noida International Airport

GREATER NOIDA, Aug. 12 -- The Yamuna Expressway Industrial Development Authority (Yeida) has decided to propose a 500-acre "regional medical hub" in sectors 13 and 14 near the Noida International Airp... Read More


Nikkei, Kospi to US stocks: Global equity heatmap you must know before the opening bell of the Indian stock market today

Global markets today, Aug. 12 -- The Indian stock market may trade with a cautious bias on Wednesday, as persistent uncertainty surrounding the US-Iran deal continues to weigh on investors' sentiment.... Read More


SGB 2018-19 Series VI premature redemption today: Investors to get 361% return as RBI fixes price at Rs.15,102

New Delhi, Aug. 12 -- Investors holding the Sovereign Gold Bond (SGB) 2018-19 Series VI are set for a substantial gain as the Reserve Bank of India (RBI) has fixed the premature redemption price at Rs... Read More