Clipped from: https://www.business-standard.com/article/companies/grammarly-raises-fresh-capital-fund-at-a-valuation-of-13-billion-121111800163_1.html Grammarly uses machine learning to assist not only with basic writing, but also spell-check, grammar, tone of language and context. Grammarly uses machine
Category: Company Specific News
Policybazaar dazzles on debut. Will the ‘overpriced’ stock make money in the near term? – The Economic Times
Clipped from: https://economictimes.indiatimes.com/prime/money-and-markets/policybazaar-dazzles-on-debut-will-the-overpriced-stock-make-money-in-the-near-term/primearticleshow/87765456.cms SynopsisSince its listing, Policybazaar is holding strong, with continued investor interest. An easy-to-understand business model, robust top line, and losses under control make
Paytm grey market premium: Will Paytm defy startup listing trend? Here’s what grey market is signaling – The Economic Times
Clipped from: https://economictimes.indiatimes.com/markets/ipos/fpos/will-paytm-defy-startup-listing-trend-heres-what-grey-market-is-signaling/articleshow/87755001.cmsSynopsis A day ahead of its listing, shares of Paytm on Wednesday exchanged hands at a discount of Rs 20-25 in the unofficial market,
PB Fintech: No insurance against unfavourable risk reward at current levels – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/portfolio/news-analysis/pb-fintech-no-insurance-against-unfavorable-risk-reward-at-current-levels/article37498967.ece?homepage=true Even with optimistic growth assumptions, stock now trades at a steep 20 times FY25 sales PB Fintech, the company operating online distribution platforms
Spandana Sphoorty founder plans to move RBI, SEBI – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/companies/spandana-founder-plans-to-move-rbi-sebi/article37488871.ece?homepage=true Regulators have to safeguard the interest of investors, says Padmaja Reddy Spandana Sphoorty Financial’s Founder and former Managing Director Padmaja Reddy plans to
Paytm Money launches AI-powered ‘Voice Trading’ – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/money-and-banking/paytm-money-launches-ai-powered-voice-trading/article37499075.ece?homepage=true Lets a user to place a trade or get information about stocks via a single voice command Homegrown fintech platform Paytm on Monday
Future tells Competition Commission that Amazon misled regulator – The Financial Express
Clipped from: https://www.financialexpress.com/industry/future-tells-competition-commission-that-amazon-misled-regulator/2369129/ They quoted a letter written by Amazon India legal head to Amazon CEO, mentioning a 25% premium over regulatory price of FRL was
Fino Payments Bank Q2 net profit up 74.5% – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/money-and-banking/fino-payments-bank-q2-net-profit-up-745/article37479212.ece Fino Payments Bank reported a 74.5 per cent increase in its net profit for the second quarter of the fiscal at Rs 7.89
Demand recovery at home and abroad, price uptick may prop Tata Steel stock | Business Standard News
Clipped from: https://www.business-standard.com/article/companies/demand-recovery-at-home-and-abroad-price-uptick-may-prop-tata-steel-stock-121111201776_1.html The street will also keep an eye on pace of debt reduction and cash flows Though Tata Steel’s Q2 results, restated to reflect
Paytm’s mega $2.5-billion IPO to mint 350 new millionaires in India | Business Standard News
Clipped from: https://www.business-standard.com/article/companies/paytm-s-mega-2-5-billion-ipo-to-mint-350-new-millionaires-in-india-121111201080_1.html About 350 current and ex-employees will each have a net worth of at least Rs 1 crore after Paytm’s $2.5 billion IPO, a
paytm ipo: Where does BlackRock see value in India’s biggest IPO? – The Economic Times
Clipped from: https://economictimes.indiatimes.com/markets/ipos/fpos/where-blackrock-sees-value-in-indias-biggest-ipo-andy-mukherjee/articleshow/87533416.cmsSynopsis India’s technology landscape has evolved so rapidly since 2016 that most businesses nowadays pay next to nothing for receiving customer payments over smartphones.
168% up from a 52-week low! Should you invest in this public sector bank post Q2 results? – BusinessToday
Clipped from: https://www.businesstoday.in/markets/company-stock/story/168-up-from-a-52-week-low-should-you-invest-in-this-public-sector-bank-post-q2-results-311394-2021-11-05 State Bank of India (SBI), which is hovering at a record high, has amazed investors with its outperformance on Dalal Street in the
Strong order book, improving execution bodes well for L&T – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/indl-goods/svs/construction/strong-order-book-improving-execution-bodes-well-for-lt/articleshow/87526369.cmsSynopsis The company’s order backlog increased by 11% year-on-year to Rs 3.3 lakh crore at the end of September 2021, the highest growth in
Unlock Trade stock ideas: Hotels vs airlines: Which is the best way to bet on unlock stocks? – The Economic Times
Clipped from: https://economictimes.indiatimes.com/markets/stocks/news/hotels-vs-airlines-which-is-the-best-way-to-bet-on-unlock-stocks/articleshow/87504040.cms SynopsisAccording to the latest earnings estimates of Bloomberg’s pool of analysts, earnings per share (EPS) of hospitality sector leader Indian Hotels Company Limited
RIL partly paid shares to delist; sell your stock or make final payment by this date to avoid forfeiting value – The Financial Express
Clipped from: https://www.financialexpress.com/market/ril-partly-paid-shares-to-delist-sell-your-stock-or-make-final-payment-by-this-date-to-avoid-forfeiting-value/2361784/ Reliance Industries Ltd’s partly paid shares will delist from stock exchanges on 8 November, with the second and final call of Rs 628.50
A rout, a reversal and then a recovery: the IRCTC flip-flop decoded – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/transportation/railways/a-rout-a-reversal-and-then-a-recovery-the-irctc-flip-flop-decoded/articleshow/87359425.cmsSynopsis Much has been said about the Ministry of Railways’ decision on, first imposing a revenue sharing mechanism w.r.t convenience fee on IRCTC, and
Govt backtracks on IRCTC convenience fee as share dives – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/news/national/irctc-convenience-fee-railways-ministry-withdraws-decision/article37226230.ece?homepage=true IRCTC stock price showed wild swings on flip-flop In less than 24 hours of mandating IRCTC to share half of its convenience fee,
CarTrade slips 7%, stock at new low on second straight quarterly loss | Business Standard News
Clipped from: https://www.business-standard.com/article/markets/cartrade-tech-hits-new-low-on-net-loss-for-second-straight-quarter-121102900417_1.html For H1FY22, CarTrade Tech posted net loss of Rs 81.47 crore against a net profit of Rs 63.57 crore during the same period
RBL Bank tanks 15% on disappointing Q2 nos, stock down 37% from 52-wk high | Business Standard News
Clipped from: https://www.business-standard.com/article/markets/rbl-bank-tanks-15-on-disappointing-q2-nos-stock-down-37-from-52-wk-high-121102900343_1.html The management said the bank is confident of reverting to normalised levels of business, growth and profitability from the current (Q3) quarter itself
Next unicorn in line! Home interiors platform LivSpace in talks with investors to raise $200 mn – BusinessToday
Clipped from: https://www.businesstoday.in/latest/corporate/story/next-unicorn-in-line-home-interiors-platform-livspace-in-talks-with-investors-to-raise-200-mn-310449-2021-10-26 With this, LivSpace’s valuation could rise 2x-3x to $1.5 billion from the current $500 million. LivSpace home decor Home décor and interiors platform
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