Anuron Kumar Mitra

India's Macrotech Developers IPO fully subscribed on final day after tepid start

Apr 09 2021

BENGALURU Indian real estate company Macrotech Developers Ltd's initial public offering (IPO) was oversubscribed 1.36 times on the final day, as its weak sales, substantial debt and a resurgence of COVID-19 cases weighed on investor interest.

J&J says in talks with Indian government for trial of single-dose vaccine

Apr 09 2021

BENGALURU Johnson & Johnson is in talks with India's government to begin a clinical trial of its single-dose COVID-19 vaccine in the country, the company said on Friday.

India tells states to get a grip before COVID-19 overwhelms hospitals

Mar 30 2021

NEW DELHI (Reuters) -India's health secretary bluntly told the 28 federal states on Tuesday to get a grip on lax coronavirus prevention measures "right now" to prevent healthcare systems being overwhelmed by a surge in infections. | Video

Indian shares edge up in volatile trade; Future Group firms slide

Mar 19 2021

BENGALURU, March 19 Indian shares recovered from early falls to trade slightly higher on Friday in a volatile session, as a pullback in U.S. Treasury yields from 14-month highs hit overnight eased some fears over foreign fund outflows from emerging markets.

India's Kalyan Jewellers IPO loses shine, sees tepid demand

Mar 18 2021

BENGALURU Kalyan Jewellers India Ltd's initial public offering was oversubscribed by just 1.28 times on Thursday, a sign of tepid interest among investors unimpressed by the jeweller's recent financial results and spooked by a drop in gold demand.

Indian shares slump as COVID-19 cases rise again; Reliance top drag

Mar 17 2021

BENGALURU Indian shares fell over 1% on Wednesday, weighed down by a combination of increasing domestic COVID-19 cases, investors locking in gains and rising U.S. bond yields.

Indian shares inch lower as rising virus cases weigh; Reliance top drag

Mar 17 2021

BENGALURU, March 17 Indian shares edged lower on Wednesday as rising domestic COVID-19 cases weighed on sentiment, while investors globally awaited the outcome of a U.S. Federal Reserve policy meeting.

Indian shares fall as inflation hits 3-month high, COVID-19 cases rise

Mar 15 2021

BENGALURU, March 15 Indian shares fell 1% on Monday, dragged down by financials, after February retail inflation surged to a three-month high, while a jump in COVID-19 cases also weighed on sentiment.

Indian shares close nearly 1% lower as financials slump; ICICI Bank weighs

Mar 12 2021

BENGALURU Indian shares gave up early gains to end sharply lower on Friday, as high-flying financial stocks sold off on the back of a broader rise in bond yields in the U.S. and Europe.

World News