Bahrain’s Investcorp acquires NSE IT, India’s National Stock Exchange digital division.
Bahrain-based private equity firm Investcorp has acquired the National Stock Exchange’s Digital service business. Investcorp completed the deal for $120 million, which is around Rs 1,000 crore. This is said to be India’s largest private equity deal. This deal does not include NSE’s digital examination business which offers:- About NSE IT Division. The NSE IT […]
Hero FinCorp Partners with Delhi Capitals IPL Team for Multi-Year Association
In the sports sponsorship world, partnerships often reflect shared goals and values. Hero FinCorp, a major finance company in India, has begun a multi-year partnership by sponsoring the Delhi Capitals, a cricket team in the Indian Premier League (IPL). Hero FinCorp, part of Hero MotoCorp, provides loans to consumers and businesses. They offer property-backed loans, […]
PharmEasy Raises $216M Amid 90% Valuation Drop: Turning Point for Online Pharmacies
PharmEasy, India’s once largest-growing online pharmacy and healthcare platform recently raised Rs. 1,804 crore ($216 million). This funding round was led by Ranjan Pai’s Manipal Education and Medical Group (MEMG). However, this funding came at a significant cost as the company valuation saw a drop by 90% from its peak of $5.6 billion in 2021 […]
Analyzing HDB’s Financial Performance For FY 23-24.
HDB Financial Services has been in the news for a while as the HDFC Bank’s financial arm is expected to launch its IPO this year. The NBFC has been a center of attraction in the unlisted share market. Let’s analyze their annual financial results and check if the HDB share is a good investment opportunity. […]
Flipkart opens second Andhra Pradesh grocery fulfillment center in Vizag
Flipkart, a big name in online shopping in India, is excited to announce the opening of its second grocery fulfillment center in Visakhapatnam, also called Vizag. This move shows Flipkart’s strong commitment to improving its grocery delivery services and meeting the growing demand for online groceries in the area. With this new center in Vizag, […]
Etihad named as an official sponsor of the Chennai Super Kings
The Chennai Super Kings (CSK), one of the most beloved teams in the Indian Premier League (IPL), has just signed a major sponsorship deal with Etihad Airways, the national airline of the United Arab Emirates. With much anticipation and excitement, the Chennai Super Kings revealed Etihad Airways as their official sponsor in a grand ceremony […]
Will CSK unlisted share price decrease after Dhoni’s retirement?
IPL 2024 is rumored to be Former Indian Cricket Team Captain Mahendra Singh Dhoni’s last tournament as a cricketer, after which he will retire. It is said that to ease the transition next year, CSK named Ruturaj Gaikwad to be the captain for this IPL season. Since 2007, when IPL was first launched, Dhoni has […]
Startups can make India m-cap grow to $50 trillion in 20 years: NSE CEO
The National Stock Exchange (NSE) of India’s CEO, Ashish Chauhan, when talking recently at the Association of National Exchanges Members of India’s (ANMI) 13th International Convention 2024, stated that Indian startups can boost the country’s market capitalization (m-cap) to a staggering $50 trillion by 2044. Investors are happy, curious, and scared at the same time […]
Political stability and robust social security framework brought economic growth: NSE’s Ashish Chauhan.
Ashish Chauhan, the MD and CEO of the National Stock Exchange (NSE), believes that India’s recent economic strength can be attributed to two key areas: political stability and a well-developed social security system. We can see this economic growth in the number of new investors entering the Indian stock market. What does this surge mean […]
Viksit Bharat ambassdor meet up: Mumbai take the centre stage at NSE
Mumbai, the financial capital of India, hosted a gathering of progressive people on 15-MAR-2024 as the Viksit Bharat Ambassador (VBA) program held its 16th nationwide meet-up at the National Stock Exchange of India (NSE). Over 400 prominent people attended the meet-up, including unicorn founders, established startup leaders, inspiring women entrepreneurs, and respected personalities from Mumbai’s […]
