OYO to file DRHP in November, targets $7-8 bn IPO valuation: Report

The company is expected to approach its board with the proposal next week.

The company is expected to approach its board with the proposal next week.

On the closing day, it was subscribed 9.46 times, with bids for 4.97 crore shares against 52.53 lakh shares available.

Once the shining star of China’s booming economy and realty sector in particular, Evergrande became one of the first and most talked about debacles when the Chinese real estate bubble burst.

Investec’s top Tier-1 picks include Tech Mahindra, Infosys, and TCS, while its preferred Tier-2 names are Mphasis, Zensar, and KPIT.

At the interbank foreign exchange, the rupee opened at 87.38, then touched an early high of 87.34, registering a gain of 18 paise over its previous close.

In India, gold prices stood at ₹10,151 per gram for 24 karat, ₹9,305 per gram for 22 karat, and ₹7,614 per gram for 18 karat (999 gold), according to Goodreturns.

JPMorgan believes that TCS’ growth expectations have bottomed and the company should benefit from any recovery in business sentiment.

As global automotive and mobility sectors accelerate toward electrification, autonomy, and software-defined architectures, ER&D companies are playing an increasingly critical role. Motilal Oswal has initiated coverage on three key players in this space, KPIT Technologies, Tata Technologies, and Tata Elxsi,…

At the end June 2025, the domestic lenders collectively held 33.7% stake in Yes Bank, with SBI remaining the largest single shareholder with a 23.96% stake. Meanwhile, foreign investors CA Basque Investments and Verventa Holdings held 4.22% and 9.2%, respectively.

The Godrej Regal Pavilion project is Mumbai-based Godrej Properties’ second launch in Hyderabad this year, with both projects surpassing the ₹1,000 crore sales milestone at launch.