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Post fundraising, OYO's estimated value is pegged at $5 billion

This e-series funding round also makes OYO the most valued hospitality company in the country, ahead of the Tata group’s Indian Hotels Company, which owns the Taj brand of hotels, and EIH,......

Markets finished lower for the second straight session

Investors are worried that once the Fed starts raising interest rates, it will drain liquidity from global emerging markets. Markets registered losses for the second straight session and finished......

RIL rejigs investment portfolio; focuses on bonds, deposits

Corporate bonds and government securities seem to finding favours with cash-rich top business house Reliance Industries Ltd, whose investment portfolio happens to be one of the biggest among all......

Markets consolidate after two-day gains

Markets consolidated to end flat on Wednesday on profit taking at higher levels after gains over the past two trading sessions. Gains in auto major Mahindra &Mahindra helped offset most of the......

Cos raised Rs 2,375 crore in FY'12; lowest in 8 years

Indian companies raised Rs 2,375 crore(Rs 23.75 billion) through rights issue in 2011-12 -- lowest in eight years -- because of dismal market conditions, says Prime Database.The report said it was......

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