Reliance New Energy Ltd, a subsidiary of Reliance Industries, has agreed to acquire the assets of Lithium Werks of Belgium. The total consideration will be $61 million and this includes funds to finance the working of the company post the deal. Li

In the jungles of Africa it is said that one beast’s demise is another beast’s dinner. The situation is not too different in the rough and tumble world of global business. One man’s loss is another man’s profits and (as in the case of crude o

It was a day on which both the retail CPI inflation and the wholesale producer inflation came in higher than expected. CPI inflation was expected to fall from 6.01 in Jan-22 to 5.93 this month. Instead it ended up at 6.07 in Feb-22. WPI inflati

Venus Pipes & Tubes Ltd, is a fast growing stainless steel pipes and tubes business, had filed its draft red herring prospectus (DRHP) in late December 2021 and SEBI is yet to give its observations and approval for the IPO. Normally, the IPOs are

TBO Tek Ltd, is a B2B player that designs and produces travel applications allowing users to search and book tickets through the web. They had filed the draft red herring prospectus (DRHP) in late December 2021 and SEBI is yet to give its observation

Syrma SGS Technology Ltd, a Chennai based; tech focussed engineering and design company, has filed its draft red herring prospectus (DRHP) in January 2022 and SEBI is yet to give its observations and approval for the IPO. Normally, the IPOs are ap

The undertone of oil appears to have changed at short notice. Last week, Brent Crude had scaled a 14 year high of $139/bbl. However, since then the positive noises coming from Ukraine, Russia and even the calls from the UAE to increase the supply of

With the war situation in the Caucuses, the supply chains of raw materials coming from Russia and Ukraine have been badly hit. On the one hand, there is a virtual embargo on Black Sea cargo and that is hurting the export of Russian inputs. Secondl

To be fair, there has been no official announcement from the RBI on this front. However, if one were to cull some broad ideas from the speech made by RBI Deputy Governor, Dr. Michael Patra, that is the message. The deputy governor hinted that due to

Rainbow Children Medicare Ltd, a multi-specialty paediatric, gynaecological and obstetrics hospital chain, had filed its draft red herring prospectus (DRHP) in late December 2021 and SEBI is yet to give its observations and approval for the IPO. N

Radiant Cash Management Services Ltd, the company offering cash management and ATM management services to banks and financial institutions, had filed its draft red herring prospectus (DRHP) in October 2021 and SEBI is has already given its observatio

Prudent Corporate Advisory Services Ltd, one of the fastest growing mutual fund distributors and personal finance advisors, had filed its draft red herring prospectus (DRHP) in late August 2021 and SEBI had already given its observations and approval