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Detailed stories on technology startups, business and economic current affairs.
The performance dip was particularly pronounced in the communications and media sector for Tech Mahindra—which accounts for a significant chunk of revenue. Tata Steel, meanwhile, saw a good quarter dampened by international weakness.

The fintech is gearing up to go public at a $5-6 billion valuation. Much like beauty, value lies in the eyes of the beholder, but public markets are rightly cross at obscene startup valuations.
The kingdom is moving to tighten the rules around public listings, algorithmic trading, trading in foreign securities and company disclosures—all in an effort to chase transparency.
L’imad Capital’s new idea of outside money, Manchester City’s thorny verdict and other updates from this week.