Kotak Bank recorded an 18.22% year-on-year (YoY) rise in standalone profit for the quarter ending March 2024, reaching Rs 4,133.30 crore, with net interest income (NII) increasing by 13% YoY …
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Indegene Limited’s IPO includes a fresh issue of 1.68 crore shares valued at Rs 760 crore and an offer for sale of 2.39 crore shares valued at Rs 1,081.76 crore. …
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NSE board approves 4:1 bonus issuance, with a dividend of Rs 90 per share. Further details available.
by smtfinby smtfinThe NSE recorded a 20% year-on-year rise in consolidated net profit, reaching Rs 2,488 crore for the three months concluding in March 2024. NSE Q4 Results: The National Stock Exchange …
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Tesla sues Indian battery maker ‘Tesla Power’ for trademark infringement, sparking tensions anew.
by smtfinby smtfinDuring this week’s court session, it came to light that Tesla Power India Pvt Ltd persisted in advertising its products under the ‘Tesla-Power’ brand, despite receiving a cease-and-desist notice in …
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RBI Removes Restrictions on Bajaj Finance’s ‘eCOM’ and ‘Insta EMI Card’ Lending Products
by smtfinby smtfinThe NBFC will restart loan approval and disbursement for both segments, including EMI card issuance. Bajaj Finance announced on Thursday that the Reserve Bank of India (RBI) has lifted restrictions …
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Apple, known for its iPhones, surpasses its own record for the highest buyback value announced in the US with this announcement. Its Inc., one of the world’s largest companies, has …
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Featured Videos In This Week
26-Year-Old EY Pune Employee Dies Due to ‘Work Stress’ After Four Months; Mother Appeals to Company’s India Head
A 26-year-old employee at EY Pune, one of the prestigious Big Four accounting firms, has tragically passed away, with her family attributing her death to …
Reliance Infrastructure Shares experienced a significant boost of 8% in early trading on Wednesday, following the company’s announcement of a substantial decrease in its standalone …
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Market News
China Evergrande Group’s shares plummeted by 20% and trading was halted due to a liquidation order
by adminby adminDespite concerns among experts that the Evergrande Group’s liquidation order might impact Chinese markets, Chinese stocks saw an increase. This rise is attributed to regulators …
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Key Points for this IPO: 👉The issue is entirely a fresh issue of 2.3 crore shares amounting Rs. 310.91 crores 👉Company has no debt as …
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Walmart-backed e-commerce giant Flipkart’s co-founder Binny Bansal has resigned from the board, alongside Sachin Bansal, concluding more than 16 years of service. This move follows …
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Market
Ola’s Krutrim achieves unicorn status, after raising $50 million in funds ,becoming the first AI firm in India to do so
by adminby adminOla’s artificial intelligence firm, Krutrim, has secured $50 million in funding at a valuation of $1 billion in a round led by Matrix Partners, marking …
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Key Details about Fonebox Issue Date 25 to 30 Jan, 2024 Issue Size Rs. 20.37 crore Fresh Issue Rs. 20.37 crore Price Band Rs. 66 …
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To check IPO allotment status, use the IPO registrar like Link Intime or KFintech. Required details include PAN card, IPO application number, and Demat account …
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Financials
SoftBank has sold an additional 2% stake in Paytm, securing Rs 950 crore in the process
by adminby adminSoftBank’s SVF India Holdings has further reduced its involvement with Paytm by selling more shares in One 97 Communications, the parent company of the digital …
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Market News
Zee must change its strategy to stay afloat following the collapse of the merger plan with Sony
by adminby adminThe breakdown of the planned $10-billion merger with Sony’s unit has increased the pressure on Zee Entertainment, one of India’s most popular TV networks. Now, …
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Company
BYJU’S FY22 outcomes: While the core business expands, increasing losses and debt initiate a race against time for survival
by adminby adminAfter a 22-month postponement, Byju’s, the edtech firm, has finally submitted its audited financial statement for FY22, bringing momentary relief but also triggering additional worries …
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IPO
Key Details about Law Sikho IPO (Addictive Learning IPO), Financials GMP & More
by smtfinby smtfinKey Points for this IPO: Issue Date 19 to 23 Jan, 2024 Issue Size Rs. 60.16 crore Fresh Issue Rs. 57.92 crore Price Band Rs. …