The stock market closed on a downbeat note on Wednesday (December 18), as both the headline indices, Sensex and Nifty saw notable declines. The benchmark Sensex settled at 80,182.20, marking a loss of 0.62 per cent, while the NSE Nifty ended at 24,208.30, down by 0.52 per cent. In a similar trend, the Nifty Bank
The Rs 1,600-crore Ventive Hospitality IPO price band has been fixed at Rs 610-643 per share, with a face value of Rs 1 each. The issue opens on December 20 and closes on December 24. It consists entirely of a new issue. Pune-based Ventive Hospitality is a joint venture between the Panchshil Group and Blackstone
Supreme Facility Management, a SME IPO made its debut on the NSE Emerge platform on Wednesday (December 18) marking a flat listing with the shares opening at Rs 75, a slight 1.33 per cent discount from the issue price of Rs 76. As of 11:50 AM IST, the shares of the company were trading at
Ola Consumer has begun testing 10-minute food delivery services in select areas of Bengaluru through the Open Network for Digital Commerce (ONDC) network. The service is currently available via the Ola Cabs app’s food delivery section in select areas of the city. The company plans a nationwide rollout in the coming weeks, pending pilot results.
With the slow start to the winter, consumer durables and electrical companies have reported a sluggish demand for winter products like geysers and room heaters in November, post the festive season of Diwali. Lower demand has been attributed to weak demand particularly from the northern region where temperatures continued to be higher than normal. Moreover
Domestic shipping companies are expected to continue to see a declining trend in revenue growth with an on-year dip of 8-10 per cent in fiscal 2026, stated a report by CRISIL Ratings. This, it added, will be on account of softening of charter rates — for crude oil and petroleum products amid stagnant demand, and
By Ajit Mishra The markets extended their positive momentum for the fourth consecutive week, gaining nearly half a percent amid consolidation. The benchmark indices remained in a tight range throughout most of the week but managed to close firmly on the final day despite significant volatility. Favorable macroeconomic data, including lower CPI inflation and improved
International Gemological Institute IPO allotment will be finalised on December 18. The company’s IPO was subscribed 35.48 times as of December 17 (Day 03). The retailers booked the issue 11.77 times and the employee section was booked 21.79 times. The IPO opened on December 13 and closed on December 17. Here’s how you can check
Specialty coffee chain Third Wave Coffee, which is rapidly expanding, has achieved store-level earnings before interest, taxes, depreciation, and amortisation (Ebitda) positivity in 90% of the outlets, according to a senior company official. “We worked hard last year to get our unit economics right. Currently, 90% of our stores generate positive Ebitda at the store
The commercial real estate market in the NCR region is undergoing a paradigm shift, with new trends setting higher benchmarks. As businesses seek greater flexibility and investors focus on high-return assets, SCO (Shop-Cum-Office) spaces have emerged as a preferred choice. These spaces seamlessly combine retail and office functionalities within a single unit. Experts highlight that
Last month, Union Finance Minister Nirmala Sitharaman tabled the Income Tax Bill, 2025 in Parliament. Once passed in Parliament, the Bill will become a law and replace the existing Income Tax Act, 1961. With this proposed law, which is expected to come into force on April 1, 2026, the government aims to simplify and modernise
Women homebuyers are increasingly gravitating toward premium properties, with the Rs 1-2 crore segment emerging as the most preferred budget category. With rising financial independence and a greater role in decision-making, their demand for high-value homes has grown significantly, according to Magicbricks Research. In 2023, 27.8% of demand from women buyers was for homes priced
The traditional idea of the male breadwinner led to a narrow view of financial protection that underestimated a woman’s contribution to a household. This is why life insurance was viewed as a product catering primarily to the male consumer segment. However, this couldn’t be farther from the truth. Apart from financial contributions, women make non-tangible
