Clipped from: https://www.thehindubusinessline.com/markets/stock-markets/will-anchor-investors-trigger-sell-off-in-recently-listed-ipos-as-lock-in-term-ends/article37887446.ece Offloading by anchor investors may lead to spurt in floating stock and may depress prices The capital market will put to test investors
Category: Company Specific News
Indian Hotels, IRCTC: Are travel related stocks a risky bet or a smart buy? | Business Standard News
Clipped from: https://www.business-standard.com/article/markets/indian-hotels-irctc-are-travel-related-stocks-a-risky-bet-or-a-smart-buy-121120700532_1.html Any positive development in the travel industry may boost related stocks. Travel related stocks Indian Railway Catering and Tourism Corporation (IRCTC)Likely target: Rs 930Upside
Nykaa, Paytm, Latent View: December will be a trying time for these 10 stks | Business Standard News
Clipped from: https://www.business-standard.com/article/markets/nykaa-paytm-latent-view-december-will-be-a-trying-time-for-these-10-stks-121120700612_1.html From December 8, Edelweiss said there are ten issuances where the anchor lock-in is set to unravel, including FSN E-Commerce Ventures (Nykaa), FINO
There is no possibility of further price hike in the immediate future: Berger Paints MD and CEO – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/companies/there-is-no-possibility-of-further-price-hike-in-the-immediate-future-berger-paints-md-and-ceo/article37825078.ece ‘The latest round of hike should be enough to take care of inflationary pressure and margin erosion’ Berger Paints India Ltd, the country’s
Ola IPO: Can used-car commerce, biryani experiment, and quick delivery electrify Ola’s planned IPO? – The Economic Times
lipped from: https://economictimes.indiatimes.com/prime/technology-and-startups/can-used-car-commerce-biryani-experiment-and-quick-delivery-electrify-olas-planned-ipo/primearticleshow/88035868.cms SynopsisAhead of going public, Ola has been aggressively launching businesses and has worked hard to show profits in cab hailing. But under the
ola ipo: Ola plans IPO in first half of 2022, readies ‘super app’ – The Economic Times
Clipped from: https://economictimes.indiatimes.com/tech/startups/ola-plans-ipo-in-first-half-of-2022-readies-super-app/articleshow/88048345.cmsSynopsis Ola is also gearing up to create something of a “super app” with plans to broaden its services beyond mobility to include personal
Snapdeal to file DRHP in coming weeks, looks at $250 mn IPO: Report – BusinessToday
Clipped from: https://www.businesstoday.in/latest/story/snapdeal-to-file-drhp-in-coming-weeks-looks-at-250-mn-ipo-report-314144-2021-12-01 Snapdeal is looking at filing the DRHP in December-January time frame, and launch the IPO in the first half of 2022 after the
Kishore Biyani’s Newest Pain Point in the Future Group-Amazon Saga – BusinessToday
lipped from: https://www.businesstoday.in/magazine/briefings/story/kishore-biyanis-newest-pain-point-in-the-future-group-amazon-saga-313505-2021-11-26 The independent directors of Future Retail have swung into action, targeting Amazon over a 2019 deal, and complicating an already convoluted situation For
swiggy: When Swiggy’s Sriharsha Majety thought he made the worst investment decision – The Economic Times
Clipped from: https://economictimes.indiatimes.com/small-biz/entrepreneurship/when-swiggys-sriharsha-majety-thought-he-made-the-worst-investment-decision/articleshow/87972905.cmsSynopsis Swiggy had been working on its expansion and setting up cloud kitchens during pre-Covid times. Covid-19 came as a lesson to all and
Credit card payment startup, slice, is India’s 41st unicorn this year – BusinessToday
Clipped from: https://www.businesstoday.in/entrepreneurship/story/credit-card-payment-startup-slice-is-indias-41st-unicorn-this-year-313718-2021-11-29 The company has raised the funds at over a valuation of $1 billion, as per an official announcement. Slice is the latest unicorn
Gemini Edibles, Data Patterns, MapMyIndia among 10 cos to get Sebi’s go ahead to float IPOs – The Financial Express
Clipped from: https://www.financialexpress.com/market/ipo-news/gemini-edibles-data-patterns-mapmyindia-among-10-cos-to-get-sebis-go-ahead-to-float-ipos/2378504/ The IPO of MapMyIndia, which powers Apple maps, is entirely an offer for sale of up to 75,47,959 equity shares by existing shareholders
The tale of two airlines | Business Standard Column
Clipped from: https://www.business-standard.com/article/opinion/the-tale-of-two-airlines-121112901482_1.html The pandemic may have willy-nilly created an opportunity to correct the anomalies of the past By next month, the Tata group takeover of Air
Regardless of Paytm fiasco, investors will view Star Health positively: MDs | Business Standard News
Clipped from: https://www.business-standard.com/article/companies/regardless-of-paytm-fiasco-investors-will-view-star-health-positively-mds-121112400982_1.html India’s largest standalone health insurer seeks to raise Rs 7,249 cr from its IPO; In a Q&A, Dr S Prakash and Anand Roy
BharatPe to launch gold loans for merchants soon – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/markets/gold/bharatpe-to-launch-gold-loans-for-merchants-soon/article37746518.ece Plans to raise about $ 100 mn in debt over next 6-9 months Fintech BharatPe, which is looking to grow its loan book
Monetisation, vendor base expansion key themes of first Paytm earnings call | Business Standard News
Clipped from: https://www.business-standard.com/article/companies/monetisation-vendor-base-expansion-key-themes-of-first-paytm-earnings-call-121112800744_1.html Revenue from operations up 64% YoY to Rs 1,090 crore in Q2FY22, driven by 52% growth in non-UPI payment volumes and over 3x
Paytm in focus again as analysts question CEO on profit, business model | Business Standard News
Clipped from: https://www.business-standard.com/article/companies/paytm-in-focus-again-as-analysts-question-ceo-on-profit-business-model-121112900161_1.html Paytm’s top executives spent 90 minutes on a call with investors and analysts on Saturday as they raised questions on monetization. Workers prepare
M&M reinvents itself with big digital focus – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/companies/mm-reinvents-itself-with-big-digital-focus/article37742013.ece?homepage=true The Mahindra Group, the $22-billion auto to IT services conglomerate, is going big on rolling out separate new- age digital platforms across multiple
Inside Reliance Retail’s plan to become a one-stop shop for everything – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/services/retail/inside-reliance-retails-plan-to-become-a-one-stop-shop-for-everything/articleshow/87953057.cmsSynopsis The company is looking beyond pure retailing. It’s pursuing a larger play to tap into the growing pie of the country’s overall consumption
NoBroker becomes India’s first proptech unicorn, plans heavy investment on apartment management services – BusinessToday
Clipped from: https://www.businesstoday.in/entrepreneurship/story/nobroker-becomes-indias-first-proptech-unicorn-plans-heavy-investment-on-apartment-management-services-313130-2021-11-23 The deal values the company at $1 billion, helping it become the first prop-tech unicorn in India. NoBroker has raised $361 million so
Paytm Q2 results: Net loss widens to Rs 482 crore – The Economic Times
Clipped from: https://economictimes.indiatimes.com/markets/stocks/earnings/paytm-q2-results-net-loss-widens-to-rs-482-crore/articleshow/87943623.cmsSynopsis Paytm reported its earnings publicly for the first time since listing this month. NEW DELHI: Paytm parent One 97 Communications on Saturday reported