SEBI Approves IPO Proposals of Six Companies, Including Hexaware Technologies and Scoda Tubes

The Securities and Exchange Board of India (SEBI) has greenlit the initial public offering (IPO) plans of six companies: Hexaware Technologies, PMEA Solar Tech Solutions, Scoda Tubes, Ajax Engineering, All Time Plastics, and Vikran Engineering. Observation letters, a key regulatory nod for proceeding with IPOs, were issued to the companies between January 14 and January […]

JSW Cement IPO Receives Regulatory Approval After Four-Month Delay

After a four-month delay, India’s market regulator has granted approval for JSW Cement’s initial public offering (IPO), according to a notification on the regulator’s website. The green light comes as a welcome development for the cement arm of the steel-to-energy conglomerate JSW Group. JSW Cement initially filed for an IPO worth up to ₹40 billion […]

Apollo and Standard Chartered Team Up to Build a $3bn Green Energy Partnership

One of the leading financial institutions of the world Standard Chartered, has recently partnered with Apollo Global Management towards the construction of the $3 billion green energy partnership which japan plans to allocate towards diverse renewable energy projects across the world. This project deals with pillars of green financing where the infrastructure and energy transition […]

NCDEX and Colombo Stock Exchange Forge Partnership to Revolutionize Commodities Trading

India’s leading agricultural commodities exchange, NCDEX, has partnered with the Colombo Stock Exchange (CSE) to bring fresh innovation to the region’s commodities and derivatives markets. This exciting collaboration is set to modernize the trading environment, increase transparency, and drive long-term growth by aligning both exchanges with global market standards. With this partnership, the two exchanges […]

Hindenburg’s Shutdown: The Fallout of Its Clash with Adani

Hindenburg Research, the short-seller that rattled markets worldwide, including a high-profile takedown of the Adani Group, has decided to shut its operations. Founder Nate Anderson cited personal reasons for the closure, but the move has sparked widespread speculation about the firm’s controversial practices and the pressure it faced. Known for its aggressive reports, Hindenburg accused […]

OYO and Nagpur Company Sign Deal to Strengthen Global Footprint

In a thrilling development for Nagpur’s tech industry, HotelKey, a homegrown startup with global acclaim, has signed a groundbreaking partnership with OYO, the hospitality giant that needs no introduction. The collaboration was announced at a prestigious event attended by Union Minister Nitin Gadkari, who enthusiastically encouraged OYO’s founder, Ritesh Agarwal, to expand operations into scenic […]

Unlisted Shares Outshine in 2024: A Year of Exceptional Returns for Investors

The year 2024 proved to be a landmark period for unlisted stocks, with several companies delivering significant returns for investors. Standout performers included Nayara Energy, which surged by an astonishing 346%, the National Stock Exchange (143%), Cochin International Airport (92%), and Studds Accessories (76%). Tata Capital, Motilal Oswal Home Finance, and others also showed robust […]

SEBI Enhances Transparency with Stricter IPO Disclosure Requirements

In a bid to boost transparency and protect the interests of investors, the Securities and Exchange Board of India (SEBI) has introduced tighter disclosure norms for Initial Public Offerings (IPOs). These measures, announced recently, aim to provide better clarity on the financial and operational status of companies seeking to go public. SEBI’s updated guidelines are […]

Swiggy FY24 Financial Analysis: Key Insights into Growth, Profitability, and Market Performance

Swiggy, one of India’s leading food delivery platforms, has witnessed remarkable growth over the past few years, cementing its position as a dominant player in the online food delivery market. As we analyze Swiggy’s financial performance for FY24, it’s essential to examine the company’s revenue growth, profitability trends, operational efficiency, and the key factors driving […]

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