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IPO proceeds in India rises 61% in 2020, sentiments revive in Q4
IPO proceeds in India rises 61% in 2020, sentiments revive in Q4

Mumbai, Proceeds from initial public offerings (IPOs) in the country surged 61 per cent last year to over $4.09 billion, showed an EY report on Sunday.

The 'EY India IPO Trends Report: Q4 2020' showed that the increase in IPO proceeds came despite the fact that the number of IPOs in 2020 was just 43,

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Wockhardt at the forefront of UK vaccination
Wockhardt at the forefront of UK vaccination

New Delhi, The race to vaccinate Britain has also offered a shot at redemption for Wockhardt, a once high-flying Indian pharmaceutical company that was investigated by US regulators over failings at its plants, Financial Times reported.

The group now has a critical role in delivering the jab to millions. A Wockhar

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Sensex sheds gains amid volatile trade
Sensex sheds gains amid volatile trade

Mumbai, The key Indian equity indices pared initial gains on Monday morning and traded on a negative note.

Selling pressure was witnessed in oil and gas, energy and auto stocks. Buying in banking and finance stocks, however, curbed the losses.

Around 10 a.m., Sensex was trading at 48,791.59, lower b

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Bullet Train Project: Tender for undersea tunnel yet to be floated
Bullet Train Project: Tender for undersea tunnel yet to be floated

New Delhi, The National High Speed Rail Corporation Limited (NHSRCL) is yet to float the tenders for the undersea tunnel for Mumbai-Ahmedabad Bullet train project. Seven Indian companies have shown interest for the construction of the underground station at BKC, Mumbai in the pre-bidding stage, officials said on Monday.
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11 workers rescued from China gold mine after 2 weeks
11 workers rescued from China gold mine after 2 weeks

Beijing, Jan 24 (IANS) Eleven miners were rescued on Sunday after being trapped underground for two weeks following a blast in a gold mine in China's Shandong province.

Rescuers lifted two workers, bringing the overall number to 11, Xinhua news agency.

The first rescued miner was lifted fro

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Beijing issues alert for heavy air pollution
Beijing issues alert for heavy air pollution

Beijing, Beijing has issued a yellow alert for heavy air pollution that took effect from Sunday, local authorities said.

A series of measures will be taken from Sunday, including the suspension of a number of outdoor construction operations, and halting or restricting production by manufacturing companies, ac

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Prachanda faction expels Prime Minister Oli from party
Prachanda faction expels Prime Minister Oli from party

Kathmandu,  Discord and division continue inside the Nepal Communist Party, which has not split formally but has virtually fallen apart after Prime Minister K.P. Sharma Oli unilaterally decided to dissolve the House of Representatives on December 20 without the party's consent.

Since then, the Nepal

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5 TTP terrorists killed in Khyber Pakhtunkhwa: Pak Army
5 TTP terrorists killed in Khyber Pakhtunkhwa: Pak Army

Islamabad,  The Pakistan Army has announced that five terrorists of the outlawed Tehrik-e-Taliban Pakistan (TTP) militant group were killed during a security operation in Khyber Pakhtunkhwa province.

In a statement, the army's media wing Inter-Services Public Relations said that the security forces c

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Saudi Crown Prince unveils new 5-year economic strategy
Saudi Crown Prince unveils new 5-year economic strategy

Riyadh, Saudi Crown Prince Mohammed bin Salman has unveiled a new five-year economic strategy aimed at achieving the Kingdom's 'Vision 2030' goal to diversify the economy away from dependence on oil, the media reported.

In a statement on Sunday, the Crown Prince said the Public Investment Fund (PIF) wi

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Israel opens embassy in UAE
Israel opens embassy in UAE

Tel Aviv, Israel has announced that it has opened an embassy in the United Arab Emirates (UAE), following a normalisation deal signed last year to establish diplomatic ties between the two nations.

Taking to Twitter on Sunday, the Foreign Ministry said: "The Israeli embassy in Abu Dhabi officially opened toda

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