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Shriram Automall

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Four IPOs to hit markets; aims to garner Rs 14,628-cr

The buzz in the IPO market continues with four companies launching their initial share sales this week to raise over Rs 14,628 crore collectively. Illustration: Dominic Xavier/Rediff.com This......

CarTrade IPO to open on Aug 9; price band set at Rs 1,585-1,618/share

Online auto classified platform CarTrade Tech on Tuesday said it fixed a price band of Rs 1,585-1,618 a share for its nearly Rs 2,999-crore initial public offer. The initial public offering (IPO)......

Auto slump: Used commercial vehicle sales see uptick

Average overall sales which used to be around 8,000 units a year ago has dropped to 7,000-7,500 units in a month. A lot of government projects have been announced but these are yet to translate to......

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