HDB Financial Services IPO looms as HDFC sets stage to list its NBFC subsidiary
HDB Financial Services is a leading Non-Banking Financial Corporation (NBFC) that primarily deals in vehicle loans, loan-against-property, and personal loans. This non-deposit-taking company provides financing to micro/small and medium enterprises (MSMEs) across India. The firm operates with a capacity of 1600 branches across India and is one of the largest finance companies in terms of […]
NSE cuts transaction charges by 1%, plans exit from non-core businesses
The NSE in India decided on March 11, 2024, to reduce its transaction charges by 1% for cash equity and equity derivatives. The reduction in fees will be effective from April 1, 2024. Currently, the transaction fee in the equity delivery also known as the cash segment is 0.00325% and in the derivatives segment is […]
Swiggy’s pre-IPO valuation reaches $12.1 Billion, what does the future hold?
As Swiggy, the Indian food delivery giant, approaches its much-anticipated Initial Public Offering (IPO), its valuation has surged to an impressive $12.1 billion. This reflects the company’s robust growth trajectory in its future prospects. With its IPO on the horizon, Swiggy’s soaring valuation underscores its position as a key player in the online food delivery […]
Tata Group Eyes Mega $1-2 Billion IPO for Its EV Business
Tata Group is all set to grow and is eyeing its EV business’s mega $1 to 2 billion IPO. Reports in the many top business newspapers on February 26, 2024, confirm that Tata Motors will launch an IPO of its subsidiary EV or electric vehicle business in the next year or two. Tata Motors’ share […]
Fitch S&P Assigns Tata Capital’s’ BBB-‘ Rating with a Stable Outlook
You have come to the right place to know about Fitch and S&P assigning a “BBB-“rating with a stable outlook for TCL or Tata Capital. Also, RBI or Reserve Bank of India, classified TCL, along with its parent company, Tata Sons, as the upper layer NBFC or non-banking financial company. One of the critical RBI […]
Tata Capital All Set to Chase a $750-million Foreign Fund For the First Time
Tata Capital, the third largest NBFC or non-banking financial company after the Bajaj Twins, is in the news for many reasons. It has also doubled the TCL or Tata Capital unlisted share price by over double in the last three months. Apart from expectations of TCL coming out with an IPO or initial public offering […]
Tracing the Last Five-Year Performance of CSK Unlisted Shares
Trace the last five years’ performance of CSK unlisted shares to buy and yield high returns. IPL, or the Indian Premier League, revolutionised cricket with its short format of 20 overs matches for people worldwide to enjoy watching. In this fast world, the craze for five-day test cricket and even one-day, 50-over matches is decreasing […]
Hero Fincorp revamps Loan App offering seamless Instant Loans for customers
Hero Fincorp recently launched its new instant loans app that is aimed to simplify the borrowing process for users of all backgrounds and financial profiles. It was earlier known as SimplyCash and has over 9 million users in India. The rising trend of fintech apps COVID-19 pushed the digitization of all industries like nothing else […]
NSE working to cut 4-5 month lag in share transfer; open to considering bonus issue: MD
NSE is an unlisted company. Despite that, it has seen a lot of positive momentum in the unlisted shares market, given which, NSE is trying to cut down the lag time involved in the share transfer in this market. Unlisted markets are one of the most under-rated market segments in the investment sector. Yet, few […]
BoAt overtakes Xiaomi, Samsung to become 2nd largest wearable maker after Apple: IDC
In the world, the size of the wearables market is increasing at a rapid pace. There are many big players like Apple, Samsung, Huwaei, and Xiaomi ruling the market, but the Indian startup led by Aman Gupta just overtook Xiaomi to # the 2nd position in terms of a company with the highest volume of […]
