Business

New Delhi: Global travel tech firm OYO plans to file its Draft Red Herring Prospectus (DRHP) in November, eyeing a USD 7-8 billion valuation for its IPO, sources said. The company is expected to approach its board with the proposal next week, people familiar with...

Bhubaneswar: The Odisha State Cooperative Milk Producers’ Federation (OMFED) has recorded an unprecedented turnover of Rs247 crore in the first quarter of FY 2025 (from April 1 to June 30), marking the highest-ever Q1 performance in its history. During this period, OMFED has also registered...

New Delhi: Indication of a potential US Federal Reserve rate cut may trigger optimism in the domestic equity market, with investors' attention shifting to the looming deadline for additional US tariffs on Indian goods in a holiday-shortened week ahead, analysts said. Moreover, trading activity of...

New York/Washington: US Vice President J D Vance Sunday said President Donald Trump has applied “aggressive economic leverage” such as “secondary tariffs on India” to force Russia to stop bombing Ukraine. Vance was speaking during an exclusive interview on NBC News' “Meet the Press” when...

Shimla: India and China have agreed on reviving traditional border trade with the latter agreeing in principle to reopen the Shipki-La crossing in Himachal Pradesh’s Kinnaur district, the state government said Sunday. The other two designated trading points are Lipulekh Pass and Nathu-La Pass, located...

New Delhi: The combined market valuation of eight of the top-10 most valued firms jumped Rs 1,72,148.89 crore last week, with Reliance Industries leading the pack with the maximum gain, in line with a bullish trend in domestic equities. Last week, the BSE benchmark jumped...

Bhubaneswar: The Eastern Region Civil Aviation Ministers’ Conference will be held Monday in Bhubaneswar to deliberate on opportunities and challenges in strengthening the civil aviation sector across Eastern India. As per an official statement, Union Ministers, Chief Ministers, State Ministers, senior officials, and industry leaders...

Mumbai: Days after the State Bank of India (SBI) declared Reliance Communications’ (RCom) accounts as ‘fraud’, the Bank of India (BOI) has also classified the loan accounts of the company, its promoter Anil Ambani, and Reliance Telecom as fraudulent, the company informed stock exchanges Sunday....

New Delhi: India has certain "red-lines" in its trade negotiations with the US and New Delhi will not compromise on protecting the interests of farmers and small producers, External Affairs Minister S Jaishankar said Saturday. Jaishankar said the negotiations for a trade deal between the...

New Delhi: Postal services to the US have been temporarily suspended as the US-bound air carriers have denied carrying shipments due to lack of clarity in new norms issued by the American customs department, Ministry of Communications said Saturday. However, services will continue for letters,...