Vishal Mega Mart IPO Allotment Status: Vishal Mega Mart Limited, a prominent player in the Indian retail sector, recently concluded its Initial Public Offering (IPO). The IPO, which opened for subscription on December 11, 2024, and closed on December 13, 2024, witnessed strong investor interest. IPO Details: Allotment Status: The allotment of shares to successful … Read more
In a significant development with potential implications for Indian businesses and investors, Switzerland has announced the suspension of India’s “Most Favoured Nation” (MFN) status under the bilateral Double Taxation Avoidance Agreement (DTAA). This decision, effective from January 1, 2025, could lead to increased tax burdens for Indian companies operating in Switzerland and Swiss investors in … Read more
One MobiKwik Systems, a leading digital payments platform, has opened its initial public offering (IPO) today, Monday, December . The IPO is fully subscribed on the first day itself, with a strong response from investors. The grey market premium (GMP) for the IPO has also surged, indicating strong investor interest. The Mobikwik IPO is … Read more
नई दिल्ली: भारत की सबसे बड़ी स्नैक्स कंपनी, Haldiram में निवेश की होड़ लग गई है। हाल ही में, कंपनी को तीसरा निवेश प्रस्ताव मिला है। यह खबर आते ही बाजार में हलचल मच गई है। आखिर क्यों दुनिया की बड़ी-बड़ी कंपनियां हल्दीराम में इतनी दिलचस्पी दिखा रही हैं? आइए इस मामले को विस्तार से … Read more
Flipkart, India’s largest e-commerce platform, is gearing up for a major milestone: its Initial Public Offering (IPO). According to recent reports, the Walmart-owned company is planning to list on the Indian stock exchanges within the next 12-15 months. To pave the way for this significant event, Flipkart is also set to shift its corporate domicile … Read more
The Reserve Bank of India (RBI) is set to unveil its bi-monthly monetary policy decision on December 6, 2024. Market analysts and economists are keenly awaiting the outcome, with a particular focus on the potential for a reduction in the repo rate and the cash reserve ratio (CRR). Nomura’s Prediction: A Double Cut? Global investment … Read more
India’s economic growth has been a beacon of hope in the global economic landscape. However, recent data suggests that the “Great Indian Shopper” may be losing some of their enthusiasm. This decline in consumer spending could have significant implications for the country’s economic trajectory. The slowdown in consumer spending has been attributed to several factors, … Read more
India’s growing health consciousness and environmental concerns have led to a surge in demand for reliable and safe packaged drinking water.
Swiggy, India’s leading food delivery and quick commerce platform, has announced its financial results for the second quarter of the current fiscal year (Q2 FY25). The company reported a significant 30.3% quarter-on-quarter growth in its operating revenue, which surged to Rs 3,601 crore compared to Rs 2,763 crore in the same period last year. Key … Read more
In a surprising turn of events, Intel Corporation announced on December 1, 2024, that its CEO, Pat Gelsinger, had retired from the company. This decision came after a meeting with the board of directors where Gelsinger was reportedly presented with two options: retire or be removed. The move marks the end of a 40-year career … Read more