Ola Electric's Rs 6,145-cr IPO fully subscribed on Day 2

The Rs 6,145-crore initial public offer of electric two-wheeler company Ola Electric Mobility got fully subscribed on the second day of bidding on Monday, driven by demand from retail investors and......

Auto, BFSI dominated Q4 earnings circuit

Operating margins put the pedal to the metal on corporate earnings, fuelled by sector-wide Ebitda margin gains, driving net profits to victory in five straight quarters. Krishna Kant and Ram Prasad......

Equity mutual funds surge to historic Rs 34,697 crore inflows in May

Unperturbed by election uncertainty, investors poured record sums into equity mutual fund (MF) schemes in May, driving India closer to a $5 trillion market capitalisation. Illustration: Dominic......

Vedanta demerger gets nod from majority of creditors, including SBI: Official

Mining conglomerate Vedanta Limited has received approvals from the majority of its creditors for a proposed demerger of businesses, marking an important step in the company's plan to split into......