'Whether I am optimistic or pessimistic is not the issue; I am just going by the evidence available.' 'The Indian economy and financial sector are now well-placed and very resilient in dealing with any kind of spillover coming from the external world.'

Lulu Retail announced on Wednesday that its initial public offering (IPO) was oversubscribed 25 times across all tranches, excluding cornerstone investors, generating demand exceeding $37 billion-a record for a private sector IPO in the United Arab Emirates. The company is controlled by Kerala-based business tycoon MA Yusuff Ali. The final offer price for Lulu shares was set at AED 2.04 per share, raising a total of $1.72 billion (AED 6.32 billion), making it the largest IPO in the UAE in 2024 to date.

Mutual funds (MFs) reinforced their record monthly inflows in October with an investment of Rs 87,000 crore (up to October 29), softening the downside pressure on domestic markets. Their prior record for monthly inflows was Rs 48,139 crore in May. This unprecedented monthly buying partially countered record monthly sales by foreign portfolio investors (FPIs) of Rs 1.1 trillion last month.

Equity mutual funds witnessed a record inflow of Rs 41,887 crore in October, marking a surge of over 21 per cent on a month-on-month (MoM) basis, fuelled by robust investments in thematic funds. This also marks the 44th consecutive month of net inflow in the equity-oriented funds, highlighting the ever-increasing appeal of mutual funds among investors, data with the Association of Mutual Funds in India (AMFI) showed on Monday.

Abdullah said if the terrorists think they can establish Pakistani writ in Jammu and Kashmir by indulging in such acts, they are mistaken.

‘Election Atlas of India’, through photo collages and thematic maps, is a seminal ready reckoner on Lok Sabha elections

India could finally have a driver on the F1 grid after 13 long years.

Over time, buyout funds with multiple, scaled-up businesses in diverse sectors under their control, will begin to look similar to diversified conglomerates.

The post Buyout funds will become the new conglomerates: EY’s Soni appeared first on DealStreetAsia.

With the close of the latest fund, Quona Capital’s AUM currently stands at $363 million.

The post Quona Capital closes second fund at $203m to invest in fintech firms appeared first on DealStreetAsia.

In 2019, JD.com merged its secondhand commodity trading platform Paipai.com with Aihuishou.

The post JD.com-backed second hand goods platform Aihuishou spots big opportunity in trade-in market appeared first on DealStreetAsia.

The warning came as HK-based companies are expected to show the scars of the protests that forced businesses to shut over the next few weeks.

The post Hong Kong exchange chief warns of economic ‘devastation’ from protests appeared first on DealStreetAsia.

Probes by the U.S. Justice Department and the SEC have given SoftBank an excuse to go back and renegotiate a deal with The We Company's existing shareholders.

The post Neumann could be cornered as SoftBank has second thoughts about WeWork appeared first on DealStreetAsia.

As the Jiomart platform takes off and increases in scale, there could be interesting possibilities that may emerge.

The post Guest Post | Implications and second-order effects of Jio-Facebook deal appeared first on DealStreetAsia.

The pandemic could cast a long shadow, permanently changing how companies spend money, sell goods and run their businesses.

The hotel industry, like all others in the travel space, is facing an unprecedented crisis - a truth that's starting to show teeth as companies release financial reports for the first quarter. But there are signs of hope that the industry will recov...

The world is still coming to grips with the sensational victory of Donald Trump over Hillary Clinton in a closely fought election to become the 45th president of the United States.

Company: Xavient Software Solutions India Private Limited
Qualification: Masters/ Post Graduate
Experience: 12 to 14
location: India, Noida
Ref: 24828786
Summary: Description: * Good knowledge of Manual testing process, test tools, creation and understanding of testing artifacts like test plan, test case *....

We are learning that unemployment statistics can hide a lot of pain in a labour market

Construction for tournament the priority as Gulf state seeks to manage fall in oil prices

City state yet to benefit from rebound in global oil market

Signs of strength are largely unrelated to government policy

Concerns over the dollar weakness are magnified by the decision to impose across the board tariffs on steel and aluminium

Growth has exceeded expectations outside the US rather than within it

Even trying to do so risks strengthening the most anti-American elements in Beijing

Join the FT and leading experts on what is required to shape the optimal conditions for recovery

Deglobalisation should make investors think twice about betting on index tracker funds

Some simple steps to prevent the health emergency from causing a financial crisis

Jump in interest rates leaves companies with restricted access to credit in vulnerable state

Climate of fear drains banking system and collapse of tourism hinders growth

From battered banks to tech titans, the historic milestone in seven charts

Europe’s cautious steps tempered by fresh infections in South Korea, Germany and China

An immediate substantive stimulus is required from the Government in the form of support to the poor and support to industry especially the MSMEs, the Confederation of Indian Industries (CII) has said. "With economic activities being restricted for over 50 days

Reliance Industries in a filing to the BSE on Saturday said the Rights Issue Committee comprising of the company's board of Directors has fixed May 14, 2020 (Thursday) as the record date for the company's rights issue. Record date is the

An immediate substantive stimulus is required from the Government in the form of support to the poor and support to industry especially the MSMEs, the Confederation of Indian Industries (CII) has said. "With economic activities being restricted for over 50 days

Reliance Industries in a filing to the BSE on Saturday said the Rights Issue Committee comprising of the company's board of Directors has fixed May 14, 2020 (Thursday) as the record date for the company's rights issue. Record date is the

Deepika Padukone's Met Gala journey also started in 2018 with Priyanka Chopra Jonas. However, unlike Priyanka Chopra, Deepika Padukone has mostly been criticised by the fashion critics for her costume choices. The critics and fashion enthusiasts did find her

Bollywood actress Sonam Kapoor tied the knot with her longtime boyfriend Anand Ahuja on 8 May 2018 and then officially became Mrs. Ahuja. Their luxurious dream wedding was the biggest wedding of the year. From sangeet to reception, the fashionista