A Detailed Financial Report Of NSE For Q3FY23
The financial report of NSE for the third quarter of FY2023 and the consolidated nine months report give the latest credible overview of the largest stock exchange in India. The double-fold implication of the NSE financials makes them essential to comprehend. First, the financial report elaborates on the performance of the stock exchange and overall […]
Everything To Know About The Anticipated IPO Of PayMate India Ltd
PayMate, an Indian Fintech company, re-filed its Initial Public Offering (IPO) with the Stock Exchange Board of India(SEBI) in January 2023. It received the final authorisation from RBI to operate as an online payment aggregator. According to the report of Mint, PayMate was asked to update the Draft Red Herring Prospectus (DRHP) with a final […]
NSE, BSE, Or MSE: A Comparative Study Of Afamed Stock Exchanges
While many stock-brokerage platforms crowd the stock market, the number of most used standard stock exchanges registered with SEBI can be narrowed to three in India. Bombay Stock Exchange (BSE), National Stock Exchange (NSE), and Metropolitan Stock Exchange (MSE) all play an essential role in the magnanimous everyday stock trade in the nation. However, these […]
InCred Finds 20% Stakeholding In Mumbai HR Tech Startup
InCred group’s arm responsible for wealth and asset management, which recently forayed into retail wealth-tech space, announced that it bought a 20% stake in a Mumbai-based HR SaaS platform last month. The financial services group, InCred, backed by wealth and asset management platform- InCred Capital, announced last month that it has invested in a Payroll […]
How Does IPL Franchises Like CSK Make Money?
The Indian Premier League, the biggest cricket event in the world, is one of the rare businesses in India that will remain untouched by the impact of rising inflation, interest rates, or the global pandemic. The Board Control for Cricket in India (BCCI) collected ₹ 48,390 crores after the IPL auction concluded on December 23, […]
Flipkart Increases Positive Margin Contribution V/S PhonePe Hive Off Flipkart
Walmart International, which includes PhonePe and Flipkart, registered net sales of 27.6 billion dollars for the quarter of FY22 under review, recording a growth of a little over 2 per cent on a year-on-year basis. The CFO of Walmart International, John David Rainey, claimed that the global retail giant is particularly happy about Flipkart’s positive […]
The Future Of Indo-Japanese Relations: A Study On Kirin Holdings & Bira91
Japanese beverage giant Kirin Holdings Co Ltd has increased its investment in the budding Indian brewer Bira91 beer by $70 million to push itself from the decreasing sales in Japan. Founded in 2015, Bira 91 is a popular Indian craft beer brand making several kinds of beers including Bira91 White, Bira91 Strong, and Bira91 Indian […]
Ixigo’s Frugal Approach To Battle The Market Slowdown
Over the last few years, Indian online travel agencies have been going through tough times. The travel industry is one of the most affected sectors due to Covid-19, reflected in the financial reports of online travel agencies. Ixigo is India’s online travel booking platform that allows booking, planning, and managing trips. Like any other tech […]
A Comparative Study Of Top Financial Services To Invest In
A stock trader prefers financial companies for stock investments, and there’s an apparent reason. The top financial companies have expertise in dealing with market changes and new economic developments. They stay up-to-date with the factors such as international transactions, government policies, international relations, supply and demand, and financial results triggered by other economic aspects. This […]
Hero Fincorp Invites New Investments, Raises Billions Of Rupees
Hero Fincorp Limited (HFCL), India’s reputed non-banking finance company, is set to raise Rs 2000 crore. It has invited new investors to raise the amount, in which Apollo Global Management, which is US-based private equity, is the biggest name disclosed. Hero MotorCorp, the parent company of Hero Fincorp, confirmed that “Apollo Global Management has committed […]