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Oyo mulls cutting IPO size by two-thirds amid tech rout, says Bloomberg report

Oyo is preparing to file a fresh IPO document by this week. The company had initially filed to go public in October 2021 but delayed the share sale due to market conditions.

India’s Oyo mulls cutting IPO size amid tech headwinds – Bloomberg News

BENGALURU (Reuters) - Softbank-backed Indian hotel aggregator Oyo Hotels and Homes Pvt Ltd is cutting the shares it planned to sell via an initial public offering (IPO) by about two-thirds as tech

Europe shares edge higher as bank fears ease

By Nell Mackenzie and Wayne Cole LONDON, SYDNEY (Reuters) -Global shares inched higher after First Citizens BancShares soothed fragile markets on Monday by saying that it would take the deposits and

Oil gains some ground as investors assess banks, Russia

By Noah Browning LONDON (Reuters) -Oil prices rose on Monday as investors assessed efforts by authorities to rein in concerns over the global banking system while Russian President Vladimir Putin's

Dollar steady as banking worries keep investors on edge

By Ankur Banerjee and Samuel Indyk SINGAPORE/LONDON (Reuters) - The dollar was steady on Monday, while the yen hovered near its seven-week peak as investors assessed moves made by authorities and

Oil gains some ground as investors assess banking crisis, Russia

By Mohi Narayan and Florence Tan (Reuters) -Oil prices rose on Monday as investors assessed efforts by authorities to rein in worries about the global banking system, while Russian President Vladimir

Dollar steady as banking crisis fears linger

By Ankur Banerjee SINGAPORE (Reuters) - The dollar was steady on Monday, while the yen hovered near its seven-week peak as investors assessed moves made by authorities and regulators to rein in

Sun Pharmaceutical flags revenue drop in its businesses due to ‘IT security incident’

The incident’s effect included breach of certain file systems and theft of some company and personal data, Sun Pharma said in a filing on Sunday.

Asia shares skittish, US and Europe futures edge higher

By Wayne Cole SYDNEY (Reuters) - Asian shares struggled on Monday while U.S. and European stock futures edged higher on hopes authorities were working to ring fence stress in the global banking system

Oil markets steady as investors weigh banking crisis, Russia

By Mohi Narayan and Florence Tan (Reuters) -Oil prices stabilised in Asian trade on Monday as investors sought cues from broader financial markets, while comments by Russian President Vladimir Putin

On Camera

Congress attacks chief economic advisor over statement on unemployment, asks BJP govt to ‘vacate seat’

While releasing 'India Employment Report 2024', V Anantha Nageswaran said govt can't solve 'all social, economic challenges'. Congress leader Kharge says CEA protecting 'dear leader'.

Amid plans to lift AFSPA, Army starts joint training with Jammu & Kashmir Police

In an interview with Gulistan News this week, Union Home Minister Amit Shah said the government would leave law and order to J&K Police and slowly withdraw troops.

For BJP, Kejriwal is an idea whose time has come to be destroyed

The ‘idea’ Kejriwal's politics grew around was a no-holds-barred fight against corruption. That is the reason Modi govt has now tarred him and his entire party with the same paint.