MakeMyTrip files IPO papers with Sebi via confidential route
Posted in Startups

MakeMyTrip files IPO papers with Sebi via confidential route

MakeMyTrip‘s India unit has filed confidential papers with market regulator Sebi for a proposed initial public offering on Indian stock exchanges. The company said its…

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Posted in Startups

Zepto may cut IPO size by 20%; investor bids peg valuation at $3.5-4 billion: sources

Quick commerce firm Zepto is considering reducing the size of its initial public offering (IPO) by around 20%, raising around $650-700 million in fresh capital…

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Posted in Economy

EPFO launches Vishwas 2026; scheme to be operational for six months

The Employees’ Provident Fund Organisation (EPFO), under the ministry of labour and employment, launched ‘VISHWAS, 2026’, a one-time dispute resolution initiative to facilitate amicable settlement…

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Posted in Economy

Gujarat emerges as top state in Niti Aayog’s Investment Friendliness Index for states and UTs

New Delhi: Gujarat, Maharashtra and Tamil Nadu have emerged as the top three states in NITI Aayog‘s Investment Friendliness Index for states and Union Territories….

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Posted in Economy

India’s forex reserves rise $964 million to $675.16 billion for week ended July 10

India’s foreign exchange reserves rose by $964 million to $675.16 billion for the week ended July 10, 2026, according to data released by the Reserve…

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Posted in Economy

West Asia crisis, uncertain monsoon major risks for growth: RBI Governor Sanjay Malhotra

New Delhi: Reserve Bank Governor Sanjay Malhotra has said the West Asia crisis and the expectation of a weak monsoon present significant risks to economic…

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Posted in Economy

EPFO launches six-month ‘VISHWAS 2026’ scheme to settle employer penalty disputes, promote compliance

New Delhi: The Employees’ Provident Fund Organisation (EPFO) has launched ‘VISHWAS, 2026’, a one-time dispute resolution scheme aimed at encouraging employers to settle long-pending damages…

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A satellite image shows Bab al Mandab Strait, a key shipping waterway and the gateway to the Red Sea, as Iran threatens using Yemen's Houthi allies to shut this gateway too. (Nasa Worldview via Reuters)
Posted in Business

Shipping via Hormuz disrupted, Iran could tell Houthis to shut Bab al-Mandab: Why the narrow waterway matters

Tehran has told Yemen’s Houthi rebels to be ready to close the Bab al-Mandab Strait if the US strikes Iranian power infrastructure – a warning…

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Zepto said to face sharply lower valuation for IPO
Posted in Startups

Zepto said to face sharply lower valuation for IPO

Indian fast-delivery company Zepto Ltd. is seeking a valuation in an initial public offering sharply below its $7 billion peak as concerns over cash burn…

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Posted in Economy

LPG subsidy bill may top Rs 1 lakh crore in FY27, create Rs 70,000 cr gap over Budget allocation

New Delhi: The government’s LPG subsidy bill could cross Rs 1 lakh crore in FY27, creating a gap of around Rs 70,000 crore over the…

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