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Paytm aims to become free cash flow positive in the near future, says CEO Vijay Shekhar Sharma in shareholder letter

India’s leading mobile payments and financial services company Paytm’s Founder and CEO Vijay Shekhar Sharma has written a letter to shareholders. In the letter, he...

Financial Results: DroneAcharya Aerial Innovations Records 417% Revenue Growth in FY23

DroneAcharya Aerial Innovations, a Pune-headquartered integrated drone ecosystem start-up listed on the BSE SME platform, announced its H2FY23 and FY23 financial results; posting strong...

Share Market Update: Stock Market loses steam, ahead of US Fed’s rate-setting meeting

Stock Market lost steam after eight sessions of gains as select profit-taking in banking, metals and IT stocks ahead of the US Fed's rate-setting...

Stock Market: Energy, Banking stocks appear attractive, while Auto and BFSI underperform

The Nifty medium setup continues to remain positive with buying on dips advisable. This sentiment is further bolstered by weekly support currently placed at...

Stock Market Update: Volatile Trading Session with Bearish Sentiments

March 13, 2023: The markets in the US and Europe experienced weakness leading to a highly volatile trading session today with a continued downward...

Market today: Global Market has a rub-off effect on local equities: Shrikant Chouhan of Kotak Securities

The positive undercurrent in global markets had a rub-off effect on local equities, as investors resorted to short-covering after last week's correction helping key...

Jan 05: Stock Market Update by Shrikant Chouhan, Kotak Securities

On the weekly close of index options, the Nifty closed down 50 points while the Sensex fell over 300 points. We saw some recovery...

Jan 04: Stock Market Update by Shrikant Chouhan, Kotak Securities

On Wednesday, the benchmark indices witnessed a sharp intraday correction, the nifty ended 189 points lower while the Sensex was down by 636 points. Among...

Dec 30, 2022: Weekly Market Outlook by Shrikant Chouhan, Equity Research (Retail) Head, Kotak Securities

Both Nifty and Sensex ended the week on a positive note. Both Sensex & Nifty were up by around 2.2%. The Midcap and SmallCap...

Stock Market shrugs off intra-day volatility: Market Update by Shrikant Chouhan, Equity Research (Retail) Head, Kotak Securities

Markets shrugged off intra-day volatility as last-hour buying helped key indices end in the green. Investors covered their positions on the last day of...

Spice Money partners with Religare Broking to bring LIC IPO to 10 Cr rural households

Spice Money, a rural-based fintech platform has announced that it has partnered with Religare Broking Ltd. (RBL) to enable rural citizens to apply for...

Edelweiss Asset Management launches mutual fund app ‘eInvest’

Edelweiss Asset Management has announced the launch of eInvest a mutual fund mobile app for investors.  eInvest is an easy-to-use app that help investors perform...

NUVOCO Vistas announces its investments and expansion plans

Nuvoco Vistas Corp. Ltd., a leading building materials company and the fifth largest cement player in India, announced its investments and expansion plans in...

Social Investment Startup StockGro concluded $32 Million in Series A Round

Leading social investment platform, StockGro has said, "It has concluded $32 million in Series A round funding." The round was led by marquee global investors...

IIFL Securities partners with TradingView for seamless charting experience

IIFL Securities has announced its partnership with TradingView, to offer IIFL Securities customers seamless and advanced charting experience.  TradingView is a global charting platform with...

Course5 Intelligence Limited files for Rs 600 crore IPO

Course5 Intelligence, one of the leading pure-play data analytics and insights companies among the entities incorporated in India, is proposing an Initial Public Offering...

JPMorgan’s High Fines Were Shocking; the Compliance Failure Was Not

Last month’s $125 million SEC fine combined with the $75 million CFTC fine against JPMorgan sent shockwaves through financial and other regulated customer-facing industries.  According...

Nupur Recyclers Limited IPO to open on Dec 13

Nupur Recyclers, a leading metal recycling and processing industry, has today announced that its Initial Public Offering (IPO) of 57,00,000 shares will be open...

India Tech Startups: Stage set to attract global investments especially in the wake of regulatory shakeup in China

On 3rd November 2020 – just two days before the Ant Group's Initial Public Offering (IPO), the Chinese government decided to suspend the process...

PolicyBazaar IPO: PB Fintech raises Rs 2569.37 crores from 155 investors

PB Fintech Limited, a parent company of PolicyBazar and PaisaBazar has raised Rs 2569.37 crore from 155 anchor investors. In a filing with the exchange,...

Healthtech startup BlueSemi secures $69 Mn capital commitment from GEM

BlueSemi, a consumer healthtech startup has signed an agreement with GEM Global Yield LLC SCS ("GEM"), the Luxembourg based private alternative investment group for...

Social Investment Platform StockGro marks 5 Million User Base, set to cross 50Mn user by 2022

India-based social investment platform StockGro has set a new benchmark in the investment and trading sector by boarding 5 million users in just 15...

MapMyIndia to file for Rs 1,200 crore IPO

New Delhi-based digital mapping platform MapMyIndia is reportedly planning to raise  Rs 1,200 crore through Initial Public Offering (IPO). According to the reports, "It is...

IPO: Paytm files DRHP for Rs 16,600 Cr issue

Noida-based fintech company, One97 Communications also know as Paytm has filed its DRHP with the regulator for an aggregate offer size of Rs 16,600...

5Paisa eyes for 10Mn app users in 2021, launches new app version in 8 Indian languages

In a bid to achieve 10 million app users in this calendar year, India-based listed discount broker, 5Paisa has announced the launch of its...

Pharmeasy to acquire 66.1% stake in Thyrocare from Dr. A. Velumani & Affiliates for Rs 4,546 Cr

API Holdings Ltd (API), a parent company of India's Largest Digital Healthcare Brand, (PharmEasy) has today announced the signing of definitive documents to acquire...

Skillsoft makes debuts on NYSE

Skillsoft Corp, a global leader in corporate digital learning, announced that its common stock will commence trading on the New York Stock Exchange (NYSE)...

PNB Housing Finance draws Rs 4,000 crore from Carlyle and others

PNB Housing Finance Limited on Mondays said, "It's board has approved  a capital raise proposal of up to Rs 4,000 crore, led by entities...

Kotak Mahindra Bank to raise Rs 5,000 crore through debt

Kotak Mahindra Bank on Saturday said, "Its board has approved to raise to Rs 5,000 crore through non-convertible debentures (NCDs)." The bank in a regulatory...

Central Bank of India allots 280 crore preferential shares to GoI for Rs 4,800 crore

India's leading public sector bank, the Central Bank of India has allotted over 280 crore shares to the Government of India for Rs 4,800...

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