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The year 2022 was a mixed bag for the Indian automobile sector. While it wasn’t smooth sailing all the way, sales across categories picked up pace in the pre-festive and festive seasons, albeit the tempo did not hold for long. As we step into th
Former ICICI Bank chief Chanda Kochhar and her businessman husband Deepak Kochhar were on Monday granted bail by the Bombay High Court, which termed their recent arrest as illegal. The release was granted on a cash bail of Rs. 1 lakh each.
Digital payments company Paytm is seeing some explosive growth in its credit vertical. Paytm saw a 330 per cent jump year-on-year (YoY) in loan disbursals in December 2022. According to a regulatory filing, it disbursed 3.7 million loans wor
The resolution process for two Srei group companies undergoing bankruptcy proceedings may be near completion. A consortium of alternative investment firm Varde Partners and Arena Investors has submitted a resolution plan for the two Srei com
Overall public equity fundraising in India sank in the calendar year 2022 as initial public offerings (IPOs) on the main board declined sharply. And the decline would have been even more pronounced had it not been for the face saviour from a high-pro
Travel tech major Oyo’s plans to list on the Indian stock market have run into an air pocket. The Securities and Exchange Board of India (SEBI) has asked Oravel Stays, the parent company of Oyo, to refile the draft papers for its initial p
Trouble for the telecom operator Vodafone India seems to have mounted as its promoters, the UK's Vodafone Group and India's Aditya Birla Group, are not willing to infuse more capital into the company. This is making it unviable for the government
Today, the stock opened at Rs 232.80 and touched a high and low of Rs 232.80 and Rs 222.00. At noon on January 3, the shares of Lords Chloro Alkali were trading at Rs 222, which is a more than 539% return in two years. On January 05, 2021, the sto
Nazara Technologies Ltd, the first digital gaming firm to go public in early 2021, became collateral damage after excess liquidity in the system buoyed new-age tech stocks to unsustainable highs in October 2021. The company’s stock started cru
Investors gain from the stock market via two channels: change in stock prices as capital gains and through dividend payouts by the companies from profits or surplus out of divestments during a period. Conservative investors looking for comfort and
With the user base of online games growing in India, there has been a growing chorus to ensure that such games be offered in conformity with Indian laws and that the users of such games be safeguarded against potential harm. Last week, the Indian
The Indian stock market indices hit a new peak last month and have since then seen some profit booking. The indices are now slowly trying to claw back even as investors wait to gauge the last quarter's results that would start rolling from the coming
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