On 12th October, 3 important macro data points were out in the market. The first two were domestic; consisting of September Inflation and August IIP. The third data point pointed to IMF estimates of India’s GDP growth. How did retail inf

The Tata group overall has been one of the biggest wealth creators in the last one year. You pick any stock be it TCS, Tata Steel, Tata Motors, Titan or Tata Power; they have all given exceptional returns in the last one year. But two stocks have sto

Should you invest in Nykaa IPO? The success story of Zomato has motivated a lot of new age start-ups to file DRHP. Start-ups lining up in IPO queue includes big names like Paytm, Policy Bazaar, Delhivery and Nykaa. In the upcoming IPO, Nykaa

As Oravel Stays, the company that owns and operates the OYO brand, gets set for its Rs.8,430 crore IPO, it is likely to face a roadblock from a 6 year old deal that had failed. This pertains to the proposed acquisition of Zostel and Zo Rooms by OYO i

Rakesh Jhunjhunwala is not called the Warren Buffett of India without reason. He is known to bet big on stories that he finds convincing. Titan is, perhaps, the finest example of his acumen in picking stocks early and holding them through its journey

The stand-off between Zee Entertainment board and its largest investor, Invesco Fund, has played out in the public domain for the last 1 month. A lot has transpired in this period. It all started with Invesco calling for the removal of Punit Goenka f

Monthly currency futures contracts on USDINR are one of the oldest and most popular currency futures contracts traded on the NSE. To make the markets for USDINR futures deeper and more liquid, NSE has now launched weekly currency futures on the USDIN

Aditya Birla Sun Life AMC had a rather tepid listing on 11th October as it listed at a premium of Rs.3, but soon slipped into a discount and closed the day at a discount to the issue price. The stock closed the day, below the listing price as well as

The non-convertible debenture issue of IIFL Finance, which had opened for subscription on 27-Sep was closed on 08-Oct, a week ahead of its scheduled closing on 18-Oct. The response to the IIFL NCD was much bigger than originally anticipated and with

Macrotech Developers, better known for its Lodha brand of properties, has embarked on a major debt reduction program. It may be recollected that when Macrotech came out with its IPO in April 2021, one of its major focus areas was to cut down on debt.

In a market where digital IPOs have been the rage, one more Unicorn name from India is expected to hit the IPO market soon. OYO requires no introduction. Anybody who has tried to book hotel rooms at reasonable rates at short notice have used OYO at s

Reliance New Energy is already getting aggressive in its latest domain of green energy. A day after the company had picked up 100 in Norwegian REC Solar Holdings for $771 million, it announced an important acquisition in India. Reliance New Energy s