Swiggy gets one step closer to $1.25 bn IPO

Shareholders’ nod to raise $450 mn via fresh issue, $800 mn via OFS Photograph: PTI Photo from the Rediff Archives Food delivery major Swiggy has received approval from its shareholders for......

Swiggy may file papers with Sebi for IPO in 2 weeks to raise Rs 8,000 cr

Swiggy is planning to file its draft red herring prospectus with the Securities and Exchange Board of India for its initial public offering (IPO) in the next two weeks, aiming for an $11 billion......

The Mystery of ZEE and DIIs

Why are DIIs holding such a high stake in Zee, which is beset with alleged governance issues?Perhaps they think Zee is a deep-value stock, observes Debashis Basu. Photograph: Kind courtesy ZEE5......

'Don't shun midcaps, smallcaps just because they surged 40-50%'

'What will matter in 2024 from the market standpoint is the direction of interest rates globally, as well as in India.''The results of the general elections will also be keenly watched.'......