Two major companies Jubilant Foodworks, the master franchisee of the Domino’s Pizza and Dunkin Donuts brands in India, as well as electrical goods player Havells announced their results on 20-Oct. Here is a quick take on the numbers. Jubilant Fo

Just a couple of weeks after Moody’s upgraded India’s sovereign rating outlook from Negative to Stable, it has repeated the upgrade for Indian banks too. On the strength of improving asset quality and more durable capital buffers, Moody’s

Axis AMC and Inversion Advisory Services will collaborate to launch a Rs.3,500 crore fund to invest in stressed Indian companies that have the potential to turn around their performance and become multi-baggers over time. The structure will be an Alt

It is said that Gautam Adani is not used to thinking small. His emergence as one of the most formidable names in the infrastructure space was largely thanks to his aggressive approach to doing business. The latest example is his big bet on green ener

It looks like Reliance Retail has a real eye for fashion labels. Less than a week after Reliance Retail bought a 40 stake in Manish Malhotra’s company, MM Fashions, they have made their next big purchase. Reliance Retail has now bought a 52 stake

Two of India’s most promising FMCG companies declared their quarterly results for Sep-21 quarter. In both the cases, the theme was the same. Higher input costs evaporated some of the top line gains but price hikes could be passed on due to better b

The global markets were up against negative data flows on 18th October. For the third quarter ended Sep-21, China reported GDP growth of just 4.9. That is a full 300 bps lower compared to 7.9 GDP growth reported in the Jun-21 quarter. The two major

SEBI has given its approval for the Rs.6,017 crore IPO of PB Fintech. Incidentally, like in most cases, this is another case of the digital brand being better known than the promoting company. PB Fintech is the company that owns and operates some of

If Aug-21 seemed like a good month with over 67 lakh passenger flying domestically, Sep-21 has done even better. The Sep-21 figure was higher than the August figure by 5.45 at 70.66 lakh passengers. These numbers were reported by the Directorate Gen

In an interesting development, the NCLT Mumbai Bench permitted Reliance Retail Ventures to call for an Extraordinary General Meeting (EGM) to seek approval of its creditors and shareholders for the Future group merger deal. The NCLT Mumbai Bench also

Hyderabad based Penna Cements, which had filed DRHP with SEBI for its proposed IPO about 2 months back, has secured IPO approval from SEBI. It can now go ahead with the IPO and can take up the next steps like filing the RHP with the Registrar of Comp

In a way Radhakishan Damani’s wealth creation has been synonymous with D-Mart (Avenue Supermarts). That is true and D-Mart alone accounts for over 97 of the total portfolio value of his holdings. However, Damani is also known to be one of th