Zomato posts Rs 176 cr profit in Q2; board nods Rs 8,500 cr fund-raise plan

Online food delivery firm Zomato Ltd on Tuesday reported a consolidated net profit of Rs 176 crore in the second quarter ended on September 30, 2024. Photograph: Courtesy, Instagram The board of......

I-bankers earn record Rs 493 crore from Hyundai IPO

Hyundai Motor India Limited’s (HMIL’s) record Rs 27,870 crore initial public offering (IPO) may not have set the primary market alight with sky-high subscription levels, but it has......

IPO-bound Hyundai Motor India raises Rs 8,315 cr from anchor investors

Hyundai Motor India (HMIL) raised Rs 8,315 crore from anchor investors on Monday, setting the stage for the country’s biggest-ever maiden share sale. IMAGE: Unsoo Kim, MD & CEO, Hyundai......

Softbank exits Paytm at loss of around $150 mn

Japan's Softbank investment arm Softbank Vision Fund exited from Paytm in the June quarter at a loss of around $150 million, sources aware of the development said. Photograph: Toru Hanai/Reuters......