Fincare Small Finance Bank To Expand In Eastern India – What Does The Future Hold?
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The finance banks are seen as an aid for people and small businesses in getting much-needed funds. Fincare Small Finance Bank (FSFB), A Karnataka-based bank, is planning to enter the Eastern India market. Fincare Bank has a strong presence in the southern and western markets with a strong customer base. Rajeev Yadav, CEO and Managing […]
Why Shares of Kannur International Airport Ltd Is The Best Bet For Retail Investors?
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“It can be an export gateway for the region.” Kannur International Airport serves Kerala’s popular heritage and tourism sites, such as the Northern Malabar region, the Mahe district of Puducherry, and Kannur city. Moreover, the airport also connects Kerala’s northern region and Karnataka’s neighbouring districts, such as Mysore, Coorg, and Mysore. Kannur International Airport Ltd […]
Mohan Meakin Vs. Its Sector Peers: A Comparison Of Performance
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A British brewery setup in the nineteenth century, Mohan Meakin became a large group of companies today. When established, it was Asia’s first brewery. Today Mohan Meakin produces whiskies, rums, brandies, and beers well-known in India and abroad. The company generates billions of rupees annually and is traded actively on Calcutta Stock Exchange. Given its […]
SEBI Directs Lava International To Refile IPO Papers: What Does It Mean?
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The capital market regulator Securities Exchange Board of India (SEBI), asked Lava International Pvt Ltd to refile the IPO draft with certain revisions. The home-grown mobile manufacturing company filed a first Draft Red Herring Prospectus (DRHP) with SEBI in September 2021. Lava International planned to raise the fund through the initial share sale. This decision […]
Everything On Beer Cafe And Bira91 Shares Swaps
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Indian beer-making company, Bira91 has acquired leading domestic alco-beverage chain ‘The Beer Cafe’ in an all-stock deal for an unannounced price, days after Bira91 acquired UP-registered brewery Kamakhya Beer & Bottling Limited in a share swap deal. In an all-stock deal, the Beer Cafe made the pub a wholly owned subsidiary of Bira91, and the […]
Did SEBI Return Fincare Small Finance Bank’s IPO Papers Again?
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Coming up with stricter policies, the Securities Exchange Board Of India (SEBI) has rejected more than 5 IPO documents in the past few months. The board has rejected the IPO plea of Oravel Stays, Go Digit General Insurance, BVG India, and Fincare Small Finance Bank along with a few others. The offer documents of these […]
With Brand New Business Jet Terminal, Cochin International Airport Enters Elite Club
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Flying to or from Kochi is now more luxurious with the launch of CIAL’s dedicated Business Jet Terminal. The biggest of its kind in the country, the terminal has been operational since December 2022. After inaugurating the new Business Jet Terminal, Pinarayi Vijayan, Honourable Chief Minister of Kerala and CIAL Chairman said that transformation and […]
Indofil Industries – Excellent Revenue Growth For An Agrochemical Company
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In 2021, Indofil Industries, for the first time in a decade, achieved a sales figure of Rs. 1000 crore in the domestic market – as reported by Newsroom Post. Established in 1962, Indofil Industries is one of the leading agro-chemical manufacturers, distributors, and marketers with a fully integrated framework across products. The company exceptionally performs […]
OYO Becomes The Biggest Hospitality Tech In Indonesia
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“Milestone alert 🙂 We are now the biggest hospitality tech platform in Indonesia with over 2,500 exclusive hotels available for bookings across 180+ cities! We have hosted over 13 million guests since 2018, recording 15x growth!,” The hospitality sector was the worst hit by the business restrictions in the last three years. After the borders […]
Reasons For OYO’s Major Management Shuffle Ahead IPO
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OYO, the hospitality unicorn of India, shuffles its management ahead of its IPO. The major headline amid this news is about the senior management in which Abhinav Sinha, Global COO, is expected to take on the Chief Products and Technical officer role. The decision of management shuffle comes when OYO is planning to bring its […]