Mumbai,  The key Indian equity indices shed gains on Friday morning to trade on a flat-to-negative note after touching record highs during the initial trade.

The BSE Sensex touched an all-time high of 53,290.81 and the Nifty50 on the National Stock Exchange hit a record level of 15,952.35 points.

New Delhi,  State-run refiners increased the jet fuel prices on Friday adding more worries to the Indian carriers struggling to reboot operations after extensive disruptions due to the fresh wave of pandemic.

The move is expected to make air travel more expensive, further impacting demand.

New Delhi,  OYO on Friday announced that it has raised a TLB (Term Loan B) funding of $660 million from global institutional investors.

A company statement said that the offer was oversubscribed by 1.7 times and the company received commitments of close to $1 billion from leading institutional investors.

San Francisco,  Chip-maker Intel is reportedly exploring a deal to acquire GlobalFoundries, a semiconductor company its rival AMD spun off a decade ago, for nearly $30 billion.

According to a report in The Wall Street Journal citing sources, "It isn't guaranteed one (the deal) will come together

Mumbai,  One 97 Communications, the parent of Paytm has filed for an initial public offering (IPO) with the market regulator SEBI, with a target to raise around Rs 16,600 crore.

In the draft red herring prospectus, the company said that it will issue fresh shares worth Rs 8,300 crore and the existing sha