How Will NSE’s 90% Price Cap On SME IPO Affect Investors?
The National Stock Exchange of India (NSE) has introduced a new regulation to standardize price discovery for SME IPOs during the pre-opening session. Starting from July 4, 2024, this rule aims to bring consistency across exchanges and reduce excessive volatility in opening prices. The new rule sets a price cap of 90% above the issue […]
What Is A CML In Trading?
A Client Master List (CML) is a certificate of your demat account issued by the depository participant of your demat account. It contains all the important information such as your: Why is a CML Document Required? Having access to CML is useful in many ways as it : What details does CML Reflect? A)First, let’s […]
Bira 91 Raises $25Mn From Kirin Holdings-Total $50M Closed
Craft Beer-making company Bira has now raised $25 Million from its existing investor Kirin Holdings. This funding was through ECB(External Commercial Borrowing). With this Bira 91 has raised a total $ 50 million in the last 3 months. Their previous funding was from Tiger Pacific amounting to $ 25 million. How is this fundraiser going […]
Prosus Reports Swiggy Revenue Grew By 24% in 2023
Prosus, who is the largest investor in swiggy shares, stated that the IPO-bound company’s revenue has grown by 24% in the calendar year 2023. However, the Dutch-based investment firm didn’t disclose Swiggy’s Revenue Figures. What Did Prosus Disclose About Swiggy? Prosus Analysis About Swiggy’s Growth “Swiggy’s core food delivery business GOV grew by double […]
Capgemini Establishes Center Of Excellence (CoE) For Skilling In Emerging Technologies
Capgemini has announced the establishment of a new and first-of-its-kind Center of Excellence (CoE) that will skill its workforce in emerging technologies in Uttar Pradesh. It has partnered with Noida Special Economic Zone (NSEZ) to develop an integrated CoE that will help the unemployed youth as it will offer them training in emerging technologies. How […]
Who Is The CEO Of Orbis Financial?
Orbis Financial, a leading securities services provider in India, has a team of experienced leaders. Shyam Agarwal, the Managing Director and Chief Executive Officer (MD & CEO) is at the forefront of the team. Mr. Agarwal came with much expertise Orbis needed to guide the team even better while moving from ICICI Bank to Orbis […]
OYO Launches First Luxury Hotel in Dubai – Record Indian Tourist to Visit
OYO Hotels & Homes, one of the world’s fastest-growing hospitality chains, has taken a notable step by launching its first luxury hotel in Dubai. This move comes when Dubai is undergoing a surge in tourism, especially from Indian travelers. The new hotel, named Palette Royal Reflections Hotel and Spa, is set to meet the growing […]
Admiral Enters Indian market in collaboration with Flipkart
Admiral America Corporation, a premier American brand with over 90 years of experience in appliances and electronics, has announced its entry into the Indian market. The company has partnered with Flipkart, India’s leading e-commerce platform, to bring its premium product range to Indian consumers. What’s Admiral Bringing To The Indian Market? The e-commerce market in […]
NSE Leads The F&O Game As India’s Stock Exchanges Hold 81% of Global Volume.
Despite regulatory concerns, the Futures and Options (F&O) Industry is a major focus area for business for the Indian Stock Exchanges. The National Stock Exchange(NSE) and BSE have emerged as the world’s top stock exchanges in terms of F&O Volume. Their combined turnover account for more than 80% of global turnover in April. Future Industries […]
Once Valued at $10B, Oyo Raises New Funding At $2.5B Valuation.
After withdrawing their recent IPO, now the Indian Hospitality Start-Up OYO is planning to seek fresh funds of Rs 1,000 crore. Primarily from the family offices of prominent Indian corporates and Stock Market Experts. This funding will be backed by people like former Reliance Industries senior executive Anand Jain, Mankind Pharma promoter brothers Ramesh and […]
