BharatPe targets IPO in 18-24 months, Ebitda profitability in FY25

Fintech firm BharatPe is targeting an initial public offering (IPO) in the next 18-24 months with the company expecting profitability at an earnings before interest, taxes, depreciation and......

Capex shrinks as fiscal deficit reaches 52% of FY25 estimate: CGA data

The government’s capital expenditure in the April-November period of financial year 2024-25 (FY25) continued to contract with a 12.3 per cent decline year-on-year (Y-o-Y), according to data......

How Indian IT sector will fare in FY25

Hiring is likely to pick up materially only by the end of H1 FY26. Illustration: Dominic Xavier/Rediff.com The Indian IT services industry is expected to clock revenue growth in the mid-single......

Banks eye Rs 1 trn via infra bond issuances in FY25

Infrastructure bond issuances by commercial banks in the current financial year (FY25) are likely to surpass Rs 1 trillion, almost double that of FY24, market participants said. Illustration:......