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Hyundai Motor India Limited has filed draft papers with the Securities and Exchange Board of India (SEBI) for a record initial public offering (IPO) of around $3 billion. This would be the largest IPO in India's corporate history, surpassing the prev

Chinese automaker BYD reported record revenue of 777.1 billion yuan ($107.2 billion) for 2024, surpassing Tesla’s $97.7 billion, according to a stock filing on Monday. This marks a 29% increase from the previous year, exceeding Bloomberg’s forecast o

🏠 India Launches First Residential Mortgage-Backed Securities (RMBS) India has introduced its first listing of residential mortgage-backed securities (RMBS) through a bidding process. The National Housing Bank (NHB) aims to raise between ₹100 bill

India's Forex Reserves hit a record high. • Forex Reserves have jumped now by $7.02 billion to a new high of $681.69 billion. • India's GDP grows by 6.7% in April-June

India's largest stock broker Groww is planning to IPO at valuation of $6-$8 billion: reports

🤯Groww, India's largest retail stockbroker, is preparing for an initial public offering (IPO) within the next 10 to 12 months, targeting a valuation between $6 billion and $8 billion. This would mark a significant milestone as it would be the first

On January 20, 2025, LIC created history by setting a Guinness World Record the most life insurance policies sold in just 24 hours. Over 4.5 lakh LIC agents worked tirelessly across the country, helping 5.88 lakh families take a step towards financi

As of 2021, India's civil aviation market is the third largest in the world, behind the United States and China. India's domestic aviation market is also the third largest in the world, surpassing Brazil and Indonesia.

Oyo shelves IPO; private funding may cut value by 74%: SoftBank-backed hospitality company Oravel Stays, the parent company of Oyo Hotels and Homes, has withdrawn the draft prospectus filed with the Sebi for its initial public offering (IPO).

The travel and tourism industry contributed US $178 billion to India's GDP in 2021. By 2028, the industry is projected to contribute US$512 billion to India's GDP.