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 […]
Options Trading Makes Three Fourth Of NSE’s Revenue
Options trading has gained popularity and has become the biggest revenue source of the National Stock Exchange(NSE). In the last couple of years, the trading trend has changed, and investors prefer those investing methods that are less risky and provide higher returns. Options trading has been done in the Indian Derivative Market and contributes around […]
Top Performing IT Companies In The Unlisted Market
The IT industry is a significant part of India’s GDP and the largest contributor to the revenue generated from exports. After the pandemic, the IT industry continued its general trend of expansion and growth albeit the current slowdown. Moreover, aggressive hiring was followed by margin shocks in the financial quarters. It is because although the […]
Studds Eyes Fast-Growing Indian Ride Gear Market Before IPO
Studds Accessories Ltd has come a long way, from making their first helmet in a garage in 1973 to establishing the largest helmet manufacturing unit in Asia. It has become the largest two-wheeler helmet manufacturer in the world. Studds Accessories Ltd, however, shows no intention to limit its success to here and is constantly investing […]
Bira 91 Partners With 5 IPL Teams For The 2023 Season
Cricket and beer go hand in hand for a significant proportion of sports enthusiasts in India. Of the many cricket tournaments organised by India, Indian Premier League is the most watched and has a vast fanbase. Major domestic and international brands in India know this and see IPL as a promotional opportunity for their products. […]
BoAt’s New CEO & Chairman: Everything You Should Know
BoAt is the leading earphone and mobile accessories manufacturer in India. In a chain of events to maintain its dominance in India’s competitive accessories and wearables market, Imagine Marketing Services Pvt Ltd (legal name of BoAt) has taken crucial steps in the dawn of 2023. The company has significantly improved its product line and is […]
