Ather IPO subscribed 1.4 times

BENGALURU: Electric scooter maker Ather Energy closed its Rs 2,981-crore initial public offering (IPO) with a total subscription of 1.4times on Wednesday. This capped a three-day bidding window that saw strong interest from retail and institutional investors.The issue marked the first listing of the 2025-26 and the first major tech-led consumer IPO since 2023-24, testing […]

Costa Coffee sees rising sips grow its India business

MUMBAI: For British coffee chain Costa Coffee, there’s no going slow on India expansion despite an uncertain global macro environment, which has nudged many businesses to review their growth strategies.In India, where many people still love waking up to a hot cup of tea and debates over chai versus coffee continue to rage, parts of […]

Lee Soo Man slammed for using SHINee Jonghyun’s funeral footage in documentary: ‘Really hope his family sues them’

May 01, 2025 01:30 AM IST Upcoming documentary Lee Soo Man: The King of K-Pop is facing heavy criticism after its trailer featured footage from SHINee member Jonghyun’s funeral An upcoming documentary about SM Entertainment founder Lee Soo Man is already facing major criticism — and it hasn’t even been released yet! Lee Soo Man: […]

Economy

Above-normal maximum temperature likely in most of India in May, says IMD

IMD Director General Mrutyunjay Mohapatra The India Meteorological Department (IMD) on Wednesday warned of more than one to four normal heatwave days during May as most parts of the country are likely to have above-normal maximum temperatures. However, occasional thunderstorms may keep the heat from reaching severe levels as witnessed in May 2024. The weather […]

Economy

Coromandel International’s Q4 PAT up by 2.5 times at ₹578 crore

Higher sales volumes and improved operational efficiency have driven the consolidated net profit of Coromandel International for the quarter ended March 31, 2025.  The company reported a consolidated net profit of ₹578 crore in the quarter as against ₹164 crore in the same quarter last year, showing an increase of over two-and-half times. “The nutrient […]