Clipped from: https://economictimes.indiatimes.com/industry/telecom/telecom-policy/govt-oks-up-to-rs-15000-crore-fdi-investment-proposal-from-voda-idea/articleshow/84637956.cmsSynopsis “When the fund-raising announcement was made, the Board said that the maximum capital to be raised from one source was Rs 15,000 crore
Category: Company Specific News
zomato IPO: View: Why I didn’t invest in the Zomato IPO – The Economic Times
Clipped from: https://economictimes.indiatimes.com/opinion/et-commentary/why-i-didnt-invest-in-the-zomato-ipo/articleshow/84531384.cmsSynopsis Zomato IPO was priced at 26 times its annual revenue, Uber’s 8 times and Just Eat’s 10 times, possibly making the former the
SC reserves order on Airtel, Voda-Idea plea – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/economy/sc-reserves-order-on-airtel-voda-idea-plea/article35413043.ece Telecom majors say that they have paid more than their expected instalment The Supreme Court, on Monday, reserved orders on pleas made by
IDBI Bank stake sale: Government to first gauge investor response to IDBI stake sale – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/banking/finance/banking/govt-to-first-gauge-investor-response-to-idbi-stake-sale/articleshow/84537794.cmsSynopsis The response and challenges will be assessed and, based on that, a strategy will be formulated for future privatisation in the financial sector,
Paytm IPO: Paytm’s future growth depends on financial services – The Economic Times
Clipped from: https://economictimes.indiatimes.com/markets/expert-view/paytms-future-growth-depends-on-financial-services/articleshow/84546318.cmsSECTIONSPaytm’s future growth depends on financial servicesLast Updated: Jul 19, 2021, 03:12 PM ISTSynopsis “Paytm is clearly at a point where it has established
BigBasket: After Tata acquisition, BigBasket wants to go big on express deliveries – The Economic Times
Clipped from: https://economictimes.indiatimes.com/tech/startups/bigbasket-is-all-set-to-launch-express-online-grocery-delivery/articleshow/84538665.cmsSynopsis According to cofounders Hari Menon and Vipul Parekh, fresh initiatives and changes under the new owner would play out over the next few
HDFC Bank not Covid proof but asset quality is still best in class – The Economic Times
Clipped from: https://economictimes.indiatimes.com/markets/stocks/news/hdfc-bank-not-covid-proof-but-asset-quality-is-still-best-in-class/articleshow/84547689.cmsSynopsis Brokerage JPMorgan said HDFC Bank’s asset quality bump was because of the lender’s safety-first approach. NEW DELHI: HDFC Bank‘s June quarter earnings were a
Just dial M for Momentum – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/info-tech/just-dial-m-for-momentum/article35396214.ece?homepage=true How VSS Mani grew his dialing and listing service into a B2B search major that caught the eyes of Reliance “Before the advent
LIC kicks off work on IPO allotment to policyholders | Business Standard News
Clipped from: https://www.business-standard.com/article/markets/coming-soon-lic-kicks-off-work-on-ipo-allotment-to-policyholders-121071800919_1.html The government is moving fast with the IPO, which is said to be India’s largest. LIC has about 290 million policyholders The Life
zomato IPO: Swaminomics: Why Zomato IPO is reason for cheer – The Economic Times
Clipped from: https://economictimes.indiatimes.com/markets/ipos/fpos/swaminomics-why-zomato-ipo-is-reason-for-cheer/articleshow/84516277.cmsSynopsis Indians celebrating 30 years of economic reform must cheer this remarkable outcome. It denotes a new class of businesses with no great inherited
tata group: All method, no madness: how Chandra’s deal team is snapping up startups for Tata Group – The Economic Times
Clipped from: https://economictimes.indiatimes.com/prime/technology-and-startups/all-method-no-madness-how-chandras-deal-team-is-snapping-up-startups-for-tata-group/primearticleshow/84357874.cms SynopsisTata Group, led by N Chandrasekaran, shows no sign of a late entrant’s desperation as it opts for the inorganic route to build
Ball in RBI’s court: HDFC Bank on ban on issue of new credit cards | Business Standard News
Clipped from: https://www.business-standard.com/article/finance/complied-with-85-of-rbi-s-asks-on-technology-says-hdfc-bank-s-md-121071700838_1.html HDFC Bank was asked to pay a fine of Rs 10 crore earlier this year by the RBI HDFC Bank HDFC Bank has complied
MasterCard bar not to impact HDFC Bank – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/money-and-banking/mastercard-bar-not-to-impact-hdfc-bank/article35388285.ece The bank has open architecture for products including cards, says MD & CEO The recent ban on MasterCard on acquiring new customers will
Reliance Retail acquires 41% in Just Dial for ₹3,497 crore – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/companies/reliance-retail-acquires-41-in-just-dial-for-3497-crore/article35372030.ece?homepage=true Move to consolidate online presence; will make open offer for 26% in search platform The country’s largest retail player, Reliance Retail, is moving
Reliance goes shopping again, discovers Just Dial, acquires controlling stake in $700-million deal – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/services/retail/reliance-goes-shopping-again-discovers-just-dial-buys-it-for-rs-3497-crore/articleshow/84476506.cmsSynopsis Just Dial will also be making a preferential allotment to Reliance Retail at Rs 1022.25 share to infuse Rs 2164.88 crore into the
Mahindra Group exploring multiple partners in EV space, says Anish Shah – The Economic Times
Clipped from: https://economictimes.indiatimes.com/markets/expert-view/mahindra-group-exploring-multiple-partners-in-ev-space-says-anish-shah/articleshow/84373445.cmsSECTIONSMahindra Group exploring multiple partners in EV space, says Anish ShahLast Updated: Jul 13, 2021, 03:00 PM ISTSynopsis “I would say that we are
Zomato a no-brainer for a long-term investor, but a challenge for short-term investors: Abhay Agarwal – The Economic Times
Clipped from: https://economictimes.indiatimes.com/markets/expert-view/zomato-a-no-brainer-for-a-long-term-investor-but-could-be-a-challenge-for-short-term-investors-abhay-agarwal/articleshow/84374945.cmsSECTIONSZomato a no-brainer for a long-term investor, but a challenge for short-term investors: Abhay AgarwalLast Updated: Jul 13, 2021, 04:21 PM ISTSynopsis “If the
Indian Bank has enough resources to grow rapidly: Why it is stock pick of the week – The Economic Times
Clipped from: https://economictimes.indiatimes.com/wealth/invest/indian-bank-has-enough-resources-to-grow-rapidly-why-it-is-stock-pick-of-the-week/articleshow/84290948.cms SynopsisDue to its strong deposit base and high capital adequacy ratio, Indian Bank has enough resources to grow rapidly and corner market share
As part of super app plan, Tata group may acquire a payment firm – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/companies/as-part-of-super-app-plan-tata-group-may-acquire-a-payment-firm/article35284829.ece?homepage=true Company seeks access to digital financial services market The next major acquisition by the Tata Group is likely to be in the fintech
Paytm’s IPO has raised many eyebrows. Then, what makes it 2021’s most-awaited public issue? – The Economic Times
Clipped from: https://economictimes.indiatimes.com/prime/technology-and-startups/paytms-ipo-has-raised-many-eyebrows-then-what-makes-it-2021s-most-awaited-public-issue/primearticleshow/84275492.cms SynopsisThe grey-market premium for the upcoming public offer rose 2.5x in just two months. Touted as the country’s largest-ever IPO, Paytm brings hope
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