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The lifecycle of a tech startup starts with a disruptive idea. Add some angel funding to get the initial employees and a place to sit. Top it up with explosive growth in user adoption and entry of venture capital investors. Then, add some late-stage
PSU bank stocks have been making headlines recently due to their impressive performance in the market. The performance of PSB stocks last month has been spectacular.The NIFTY PSU bank index has rallied 93% in the past year, while the NIFTY bank in
Think of Jaipur and it usually evokes the image of camels, Hawa Mahal and the Jantar Mantar besides many other castles. But beyond the royal touristy lanes, the city has been quietly producing a few business gems. Some like AU Small Finance Bank h
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Since the beginning of December 22, wholesale milk prices across India have increased by 10.2% YoY. South India's milk costs are up 12.8% year over year. Wholesale prices across India increased just 0.6% month over month. The Nandini brand o
The four-decade-old Shriram Group’s flagship company, Shriram Transport Finance Company Ltd, has played a key role in defining vehicle financing in India, building a large network in an unorganized market. Its main business, pre-owned commercial ve
The Indian stock market has been raring to break out again after hitting a new peak earlier this month. However, there are many stocks that are already in the overbought zone given their positions on the technical charts. We picked two measures—
Looks like good times are back for India’s auto industry. Latest industry data shows that auto sales grew 28% year on year in November, as demand remained robust even after the festive season amid an improvement in supplies. According to the Soc
Last week, Spicejet claimed that it had passed an audit conducted by the International Civil Aviation Organization (ICAO). Now, according to a report by The Times of India, the ICAO has clarified that it has not audited any airline in the country.
An investment of Rs 1 lakh in the shares of this company two years ago would have turned to Rs 2.14 lakh today. Asahi India Glass Ltd, an S&P BSE 500 company, has delivered multibagger returns to its shareholders in the last two years. During
A little under five years back, in February 2018 to be precise, state-owned Punjab National Bank (PNB) found itself in the middle of a Rs 14,000 crore fraud committed by diamond merchant Nirav Modi and his uncle Mehul Choksi. And as if that was no
Companies are valued by a mix of factors and methods. While the most common tool analysts use to value companies is to assess their future earnings and assign a multiple on it, they also look at other parameters including the value of assets. This
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