Forwarded from Moneycontrol
Ministry of Finance, Government of India has started the process of preparing the #UnionBudget 2022-23. But policymakers are worried about the mounting expenditure burden as govt's #COVID19 relief measures could increase expenditure by Rs 2.01 lakh cr.
Read at ⤵️
https://www.moneycontrol.com/news/business/economy/finmin-frets-over-extra-expenditure-as-budget-preparations-begin-7600551.html?utm_source=telegram&utm_medium=social
Read at ⤵️
https://www.moneycontrol.com/news/business/economy/finmin-frets-over-extra-expenditure-as-budget-preparations-begin-7600551.html?utm_source=telegram&utm_medium=social
Moneycontrol
FinMin frets over extra expenditure as budget preparations begin
While the finance ministry is happy with strong tax collections on the back of a sustained economic recovery, the worry is that Covid-19 relief measures of the past six and a half months could take the fiscal deficit to 7.7 percent of GDP compared with a…
Forwarded from CNBCTV18.com
#Fedfina IPO: A report says Federal Bank’s #NBFC subsidiary is likely to go public soon via a mix of primary and secondary share sales
https://www.cnbctv18.com/market/stocks/fedfina-ipo-federal-banks-nbfc-subsidiary-likely-to-go-public-soon-says-report-11150632.htm?utm_source=telegramapp&utm_medium=social&utm_campaign=telegram
https://www.cnbctv18.com/market/stocks/fedfina-ipo-federal-banks-nbfc-subsidiary-likely-to-go-public-soon-says-report-11150632.htm?utm_source=telegramapp&utm_medium=social&utm_campaign=telegram
cnbctv18.com
Fedfina IPO: Federal Bank’s NBFC subsidiary likely to go public soon, says report
Federal Bank's NBFC unit Fedbank Financial Services Limited (Fedfina) is likely to file draft prospectus for an initial public offering (IPO) as early as the end of this month or by next month, according to a report.
Forwarded from Moneycontrol
PNB Housing Finance today said its board will consider the issuance of Non-Convertible Debentures on private placement basis aggregating up to Rs 2,000 crore in tranches on November 2
https://www.moneycontrol.com/news/business/pnb-housing-finance-board-to-consider-fundraising-plan-on-november-2-7605681.html?utm_source=telegram&utm_medium=social
https://www.moneycontrol.com/news/business/pnb-housing-finance-board-to-consider-fundraising-plan-on-november-2-7605681.html?utm_source=telegram&utm_medium=social
Moneycontrol
PNB Housing Finance Board To Consider Fundraising Plan On November 2
The board will also approve financial results for July-September quarter on the same day.
Forwarded from Moneycontrol
#MCExclusive | The online logistics space is buzzing with IPO action. On the back of Delhivery’s listing plans, now Warburg Pincus and Partners Group-backed Ecom Express finalises 4 i-banks for its 2022 #IPO reports Ashwin Mohan.
Read at
https://www.moneycontrol.com/news/business/companies/warburg-pincus-partners-group-backed-ecom-express-picks-4-i-banks-for-2022-ipo-7605221.html
#EcomExpress
Read at
https://www.moneycontrol.com/news/business/companies/warburg-pincus-partners-group-backed-ecom-express-picks-4-i-banks-for-2022-ipo-7605221.html
#EcomExpress
Moneycontrol
Warburg Pincus & Partners Group-backed Ecom Express Picks 4 I-banks For 2022 IPO
The move comes on the back of rival Delhivery gearing up to file its draft red herring prospectus with Sebi. Other than Delhivery, Ecom Express competes with the likes of XpressBees and traditional players like Gati, FedEx & Blue Dart
Forwarded from Moneycontrol
After more than a decade of making phones, Google still can't find a winning formula. 👇
https://www.moneycontrol.com/news/technology/is-google-taking-its-smartphone-business-seriously-7604301.html?utm_source=telegram&utm_medium=social
https://www.moneycontrol.com/news/technology/is-google-taking-its-smartphone-business-seriously-7604301.html?utm_source=telegram&utm_medium=social
Moneycontrol
Pixel 6 And Pixel 6 Pro: Is Google Taking Its Smartphone Business Seriously?
After more than a decade of making phones, Google still can't find a winning formula
Forwarded from YourStory - Daily Updates
[Startup Bharat] This startup provides an ecommerce platform for products from Darjeeling, Kalimpong
https://yourstory.com/2021/10/startup-bharat-kurseong-startup-provides-ecommerce-platform
https://yourstory.com/2021/10/startup-bharat-kurseong-startup-provides-ecommerce-platform
YourStory.com
[Startup Bharat] This startup provides an ecommerce platform for products from Darjeeling, Kalimpong
Founded in March 2020, Kurseong-based ecommerce startup Daammee offers products ranging from food, crafts, home decors, and cultural wear,
Forwarded from Moneycontrol
Snap Inc. has reached a milestone of 100 million monthly active Snapchat users in India. To further accelerate its growth in the country, the company has struck deals with a range of firms. Read: https://www.moneycontrol.com/news/business/snapchat-crosses-100-million-users-mark-in-india-partners-with-flipkart-zomato-others-7637941.html?utm_source=telegram&utm_medium=social
Moneycontrol
Snapchat Crosses 100 Million Users Mark In India; Partners With Flipkart, Zomato & Others
Snapchat has doubled down on the India market after witnessing a major growth in its user base in recent quarters
Forwarded from Moneycontrol
Paytm is all set for its Rs 18,300 crore IPO, which will happen between Nov 8 and 10 at a price band of Rs. 2,080-2,150
This is touted to be India’s largest market debut.
https://www.moneycontrol.com/news/business/startup/its-official-paytm-to-go-ahead-with-its-rs-18300-crore-ipo-on-november-8-7638071.html?utm_source=telegram&utm_medium=social
This is touted to be India’s largest market debut.
https://www.moneycontrol.com/news/business/startup/its-official-paytm-to-go-ahead-with-its-rs-18300-crore-ipo-on-november-8-7638071.html?utm_source=telegram&utm_medium=social
Moneycontrol
It's Official: Paytm's Rs 18,300-crore IPO To Open On November 8
The public offer is expected to take the company's valuation to $20 billion.
Forwarded from Moneycontrol
#Breaking: Adani Ports is planning to exit its investment in Myanmar by June 2022. Read more at https://www.moneycontrol.com/news/business/adani-port-planning-to-exit-its-investment-in-myanmar-by-june-2022-7638051.html?utm_source=telegram&utm_medium=social
Moneycontrol
Adani Ports planning to exit its investment in Myanmar by June 2022
"The company’s risk management committee, after a review of the situation, has decided to work on a plan on exiting company’s investment in Myanmar, including exploring any divestment opportunities," Adani Ports said.
Forwarded from Moneycontrol
#FMCG major Procter & Gamble has hiked the prices of most of its products by 4-11 % as it battles inflation in key raw materials. Devika Singh details:
https://www.moneycontrol.com/news/business/companies/pg-hikes-prices-by-4-11-across-the-product-portfolio-7637331.html?utm_source=telegram&utm_medium=social
https://www.moneycontrol.com/news/business/companies/pg-hikes-prices-by-4-11-across-the-product-portfolio-7637331.html?utm_source=telegram&utm_medium=social
Moneycontrol
P&G Hikes Prices By 4-11% Across The Product Portfolio
Procter & Gamble Hygiene and Health has upped prices of most of its brands such as Tide, Ariel, Head & Shoulders, and Pantene as it grapples with rising raw material costs
Forwarded from YourStory - Daily Updates
A deep dive into India’s startup ecosystem and its unprecedented boom
https://yourstory.com/2021/10/techsparks-2021-indias-startup-ecosystem-unprecedented-boom
https://yourstory.com/2021/10/techsparks-2021-indias-startup-ecosystem-unprecedented-boom
YourStory.com
A deep dive into India’s startup ecosystem and its unprecedented boom
How are international investors funding multiple Indian startups? What are the reasons for the sudden bump in Indian unicorns? Experts discuss on a panel discussion at TechSparks 2021.
Forwarded from YourStory - Daily Updates
Nykaa raises Rs 2,396 Cr from anchor investors ahead of IPO
https://yourstory.com/2021/10/nykaa-raises-rupees-2396-cr-from-anchor-investors-ipo
https://yourstory.com/2021/10/nykaa-raises-rupees-2396-cr-from-anchor-investors-ipo
YourStory.com
Nykaa raises Rs 2,396 Cr from anchor investors ahead of IPO
Nykaa has decided to allocate a total of 21,296,397 equity shares to anchor investors at Rs 1,125 a share, aggregating to Rs 2,395.84 crore, according to a circular uploaded on the BSE website.
Forwarded from Finshots | Financial news made simple
An explainer on why RBI is going after IPO financing bit.ly/3BoXSrj
Finshots
RBI’s crusade against IPO financing
An explainer on why RBI is going after IPO financing
Forwarded from Finshots | Financial news made simple
An explainer on how different kinds of inflation eat into our pockets bit.ly/3b6WO0x
Finshots
Understanding Secret Inflation
An explainer on how different kinds of inflation eat into our pockets
Forwarded from Moneycontrol
Ahead of its #IPO, Ola is set to wade into the food grocery #delivery space once again. Having burnt its fingers in the past, will it be second time lucky for the ride hailing platform? 🚚🛵
https://moneycontrol.com/news/business/inside-olas-plan-to-crack-the-food-and-grocery-delivery-market-again-7649021.html?utm_source=telegram&utm_medium=social
https://moneycontrol.com/news/business/inside-olas-plan-to-crack-the-food-and-grocery-delivery-market-again-7649021.html?utm_source=telegram&utm_medium=social
Moneycontrol
Inside Ola's plan to crack the food and grocery delivery market, again
Ahead of its $2 billion IPO, Ola is set to wade into the hyper-local and ultra-competitive grocery delivery space once again. Having burnt its fingers in the past, will it be second time lucky for the ride hailing platform? Moneycontrol examines what’s at…
Forwarded from CNBCTV18.com
The company has repaid Rs 14,100 crore of debt this fiscal so far, according to chairman Uday Kotak.
https://www.cnbctv18.com/business/companies/ilfs-resolves-rs-52200-crore-debt-so-far-to-address-rs-4800-crore-more-by-march-kotak-11323872.htm?utm_source=telegramapp&utm_medium=social&utm_campaign=telegram
https://www.cnbctv18.com/business/companies/ilfs-resolves-rs-52200-crore-debt-so-far-to-address-rs-4800-crore-more-by-march-kotak-11323872.htm?utm_source=telegramapp&utm_medium=social&utm_campaign=telegram
cnbctv18.com
ILFS resolves Rs 52,200 crore debt so far, to address Rs 4,800 crore more by March: Kotak
The company has repaid Rs 14,100 crore of debt this fiscal so far, according to chairman Uday Kotak.
Forwarded from CNBCTV18.com
#Exclusive | Delhivery to file papers for IPO worth Rs 7,000 crore
https://www.cnbctv18.com/market/exclusive-delhivery-to-file-papers-for-ipo-worth-rs-7000-crore-11318792.htm?utm_source=telegramapp&utm_medium=social&utm_campaign=telegram
https://www.cnbctv18.com/market/exclusive-delhivery-to-file-papers-for-ipo-worth-rs-7000-crore-11318792.htm?utm_source=telegramapp&utm_medium=social&utm_campaign=telegram
Cnbctv18
Exclusive: Delhivery to file papers for IPO worth Rs 7,000 crore
Delhivery, an Indian delivery and e-commerce logistics company has filed a draft red herring prospectus with markets regulator SEBI for a public issue worth Rs 7,128 crore.
Forwarded from Moneycontrol
#NazaraTechnologies doesn't intend to invest a substantial amount of capital to gain market share in the #gaming segment. It plans to build its presence in the skill-based real-money segment. 🎮
Here's how ⏬
https://www.moneycontrol.com/news/business/how-nazara-technologies-is-approaching-skill-based-real-money-gaming-sector-7666851.html?utm_source=telegram&utm_medium=social
Here's how ⏬
https://www.moneycontrol.com/news/business/how-nazara-technologies-is-approaching-skill-based-real-money-gaming-sector-7666851.html?utm_source=telegram&utm_medium=social
Moneycontrol
How Nazara Technologies is approaching skill-based real money gaming sector
India's first publicly listed gaming firm doesn't intend to invest a substantial amount of capital to gain market share in the segment.
Forwarded from Moneycontrol
#SapphireFoodsIPO | KFC and Pizza Hut operator has fixed a price band of Rs 1,120-1,180 a share for its initial public offering that will open for subscription on November 9. 🍗🍔🍕
Read the full story for details 👇
https://www.moneycontrol.com/news/business/ipo/sapphire-foods-ipo-kfc-operator-sets-price-band-of-rs-1120-1180-a-share-7667461.html?utm_source=telegram&utm_medium=social
Read the full story for details 👇
https://www.moneycontrol.com/news/business/ipo/sapphire-foods-ipo-kfc-operator-sets-price-band-of-rs-1120-1180-a-share-7667461.html?utm_source=telegram&utm_medium=social
Moneycontrol
Sapphire Foods IPO: KFC Operator Sets Price Band Of Rs 1,120-1,180 A Share
Sapphire Foods IPO: YUM's largest franchisee in the Indian subcontinent plans to raise Rs 2,073 crore at the upper price band
Forwarded from Moneycontrol
#ICYMI: If demand continues at the current pace, Tata Motors will have to soon look relook at its manufacturing footprint.
Here's why: https://moneycontrol.com/news/technology/auto/tata-motors-fast-running-out-of-capacity-but-no-new-factory-planned-7663841.html?utm_source=telegram&utm_medium=social
Here's why: https://moneycontrol.com/news/technology/auto/tata-motors-fast-running-out-of-capacity-but-no-new-factory-planned-7663841.html?utm_source=telegram&utm_medium=social
Moneycontrol
Tata Motors fast running out of capacity but no new factory planned
With slight improvement in the manufacturing capacity Tata Motors will move to producing half a million units, which would be the third highest in India after Maruti Suzuki and Hyundai
Forwarded from YourStory - Daily Updates
How online beauty startup Purplle is building a remarkable growth story
https://yourstory.com/2021/11/online-beauty-startup-purplle-building-remarkable-growth-story
https://yourstory.com/2021/11/online-beauty-startup-purplle-building-remarkable-growth-story
YourStory.com
How online beauty startup Purplle is building a remarkable growth story
In a recent conversation with YourStory’s Daily Dispatch, Manish Taneja, Co-founder and CEO, Purplle.com, shares key insights into the online beauty brand’s growth journey and discusses its future plans.