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Detailed stories on technology startups, business and economic current affairs.
The drone maker’s share sale is skewed towards providing existing investors with an exit, at a time when the company needs all the cash it can get for growth.

While the filing for an IPO by its telecom and digital business was the highlight, Reliance laid out plans for its new energy and retail businesses, setting them up for eventual listings.
As India’s largest stock exchange heads to the public markets, it may need to rethink its excessive reliance on transaction revenue.
As growth in equities cools, asset managers are looking to embed themselves in payrolls, payments, and credit. This raises their influence, but also the stakes.