NASDAQ-listed online travel platform MakeMyTrip has officially initiated its domestic market debut by confidentially submitting a pre-filed Draft Red Herring Prospectus (DRHP) with the Securities and Exchange Board of India (SEBI), the National Stock Exchange (NSE), and the BSE. The initial public offering (IPO), which focuses on its wholly-owned subsidiary MakeMyTrip (India) Limited (MMT India),…
Shares of Jio Financial Services climbed as much as 6 per cent on Friday after the company reported a strong financial performance for the first quarter of the 2026–27 financial year. Investor sentiment strengthened following a sharp rise in the company’s quarterly earnings, driving the stock higher in early trade on the National Stock Exchange….
Mahindra & Mahindra (M&M) has achieved a major manufacturing milestone as its Chakan facility in Maharashtra crossed cumulative production of three million vehicles. The milestone vehicle was the BE 6 electric sport utility vehicle (SUV), marking a significant achievement for the company’s manufacturing operations. The company stated that the facility produced its latest one million…
After months of mounting speculation and denial, the end of OnePlus’s run in the West appears to be imminent. According to a report from German publication WinFuture, parent company OPPO is set to officially announce a massive strategic overhaul this week that includes pulling the OnePlus brand completely out of both the United States and…
The Indian government is reportedly close to accepting a revised offer from Fairfax Financial Holdings Ltd. for the acquisition of a stake in IDBI Bank Ltd. The Canadian investment firm may increase its per-share bid by a few rupees after its initial valuation was rejected for being below the government’s reserve price, according to sources…
Raijor Dal founder and Sibsagar MLA Akhil Gogoi has welcomed the Supreme Court’s decision to set aside 27 Gauhati High Court judgments that had upheld orders of the Foreigners Tribunals declaring individuals as foreigners, describing the ruling as a strong reminder that citizenship issues must be decided strictly according to law.Reacting to the apex court’s…
Hyundai is gearing up to strengthen its presence in the Indian SUV market with the planned introduction of six new sport utility vehicles spanning hybrid, electric, and three-row configurations. The upcoming lineup is expected to cater to a wide range of customers, from urban buyers seeking fuel-efficient hybrid models to families looking for spacious seven-…
Honda Motorcycle & Scooter India (HMSI) plans to create more than 3,800 new jobs as it expands its annual two-wheeler production capacity in India to approximately 8 million units by 2028. The expansion reflects Honda’s growing focus on India as a key manufacturing and export hub for both domestic and international markets. According to HMSI…
Nuvama Asset Management and Cushman & Wakefield’s joint venture, NCW Management, has achieved the final close of its Prime Offices Fund with a corpus of ₹4,000 crore. The fund, launched in 2024 with an initial target of ₹3,000 crore, was expanded following strong investor interest and significant deployment opportunities in India’s commercial real estate sector….
A US federal court is unlikely to reject the Department of Justice’s (DOJ) request to dismiss the criminal case against Indian billionaire Gautam Adani, according to legal experts. The experts said it would be highly unusual for a court to force prosecutors to continue pursuing a case after the executive branch has decided to withdraw…
