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Jio Financial Services in talks with merchant bankers for maiden bond issue.

For its first bond offering, Jio Financial Services in India is in preliminary discussions with merchant bankers, four bankers told Reuters on Monday.  The bankers stated that the company would try to raise between Rs 5,000 crore ($600.6 million) and Rs 10,000 crore through the offering and might go public...

latest articles

NTPC Green Energy IPO subscribed 33%, retail portion booked 1.33x on Day 1; Check GMP, other details

NTPC Green Energy Limited is conducting an initial public offering (IPO) through a book-building process, offering a fresh issue...

Rupee gains 8 paise to 84.38 against US dollar amid crude price support

The rupee bounced back from its record low and appreciated by 8 paise to 84.38 against the US dollar...

Garware Technical hits record high post Q2; board approves bonus issue

Garware Technical Fibres' shares surged 13.8% on Monday, reaching an all-time high of Rs 4,485.05 per share on the...

WPI inflation rises to 4-month high of 2.36 per cent in October

India's wholesale price index (WPI)-based inflation rose to a four-month high of 2.36% in October, driven mainly by a...

Cryptocurrency Market Reaches All-Time High of $3.2 Trillion

The total value of the cryptocurrency market has surpassed $3 trillion, reaching an all-time high amid growing optimism that...

Urgent measures needed to reduce trade imbalances with Russia: Jaishankar

External Affairs Minister S Jaishankar on Monday called for "urgent" measures to address the issue of widening trade deficit...

Q2 Results today: IRCTC, IRFC, Amara Raja, Raymond, Bata India, among 47 firms to announce their earnings on Monday

During Friday's special Diwali Muhurat trading session, Indian stock market indices performed strongly. Investors will be closely watching the...

40% expect India’s exports to fall amid a stumbling block

High interest rates are a major challenge for Indian exporters, with three-quarters borrowing at rates exceeding 12 percent, even...

Govt notifies conditions for exports of sesame seeds to US

On Wednesday, the government announced the policy conditions for exporting sesame seeds to the US, set to take effect...

India imports barely one-fourth of Hilsa on delayed Bangladesh order, low availability

India was able to import only 577 tonnes of Hilsa fish from Bangladesh, despite an export order of 2,420...

Automobile exports from India rise 14% in April-September period

New Delhi: In the first half of the current fiscal year, India’s automobile exports increased by 14% year-on-year, driven...

India extends first-ever rupee-denominated line of credit; Mauritius gets Rs 487 crore

India has extended a new line of credit worth Rs 487.60 crore to the government of Mauritius for financing...