OYO, the global travel tech firm, is planning to file its Draft Red Herring Prospectus in November. The company is expecting a valuation of USD 7-8 billion for its IPO. OYO may approach its board with the proposal next week. SoftBank, a major shareholder, has engaged with several banks to assess market sentiment.
Why is stock market rising today? Sensex jumps 400 points, Nifty above 24,450. 5 key factors explained
Indian markets reversed early losses to trade higher, supported by a stronger rupee, continued FII buying and oil prices staying below $100 per barrel. Benchmark