Tuesday, April 20, 2021

Harshita Sharma

Policy Bazaar Co-Founder Alok Bansal, other 24 global angel investors to invest in startup founded by IIT Delhi Alumni 

Small and Medium Enterprise, Reevoy, an invoice factoring start-up, on Thursday, has raised undisclosed funds from 25 global investors. Amongst the investors, Policy Bazaar Co-founder- Alok Bansal, Aspiring Minds Co-founder Himanshu Aggarwal, OYO Ex-COO Gaurav Ajmera, AngelBay Founder Sorabh Agarwal,...

Companies To Disclose Cryptocurrency Investments, Transactions: Govt

The government has notified the companies to disclose their investments in virtual currency or Cryptocurrency in their balance sheets. This move is believed to be a major step in regulating the ongoing cryptocurrency trade in India. Disclosing crypto assets in...

Jubilant Foodworks To Buy The Popeyes® Franchise And Bring It To The Indian Subcontinent

Jubilant Foodworks Limited, a part of the Jubilant Bhartia Group, In a statement on 24 March, has announced plans to bring the US-based Fast Food Chain Popeyes to India, Bhutan and Nepal.  One of India's largest foodservice Company, Jubilant FoodWorks...

Key Details You Need To Know About Barbeque Nation IPO

Casual dining chain Barbeque Nation Hospitality opened for Initial Public Offering (IPO) on Wednesday. Through the IPO, the company wished to issue shares worth ₹180 crore and up to 54,57,470 equity shares are for an offer-for-sale.  The investors can buy...

Allana Group Invests ₹20 crore For 1% Stake In LT Foods

India’s largest exporter of processed food products and agro commodities, Allana Group, on Tuesday, announced an acquisition of a 1% stake for ₹20 crore in LT Foods, a company known for its brands, Daawat, Heritage and Royal Rice. With this...

Adani Ports To Acquire 58.1% In GVL For ₹3,604

On Tuesday, Gautam Adani’s company, Adani Ports and Special Economic Zone Ltd (APSEZ) announced acquiring a 58.1% stake in Gangavaram Port Ltd (GVL). Adani’s will be operating majority control on the private port at Visakhapatnam in Andhra Pradesh. India’s largest...

The changing diaspora of workspace, Gen Z is at risk: 2021 Work Trend Index

Covid-19 has taken the world upside down. With the employees switching to Work-From-Home, or a shift to blended mode with some workers going to the office and others working remotely, has brought a disruption in the workspace. Edelman Data x...

Mutual Funds to Treat Perpetual Bonds as 100-years Papers: SEBI

On Monday, The Securities and Exchange Board of India (SEBI) issued a circular clarifying the valuation of bonds issued under the Basel III framework. SEBI amended the valuation rule attached to perpetual bonds.  The deemed residual maturity of Basel III...

Paytm Gateway Transactions Close To 750 Million; Beats Pre-Covid Records

Paytm, the payment gateway platform, sees its business observing close to 750 million transactions done in a month, beating old records of pre-covid times, said the leading digital payment giant.  During the covid times, people shifted towards online transactions, fueling...

FY21 Brings A Surge In Wealth Of Equity Investors Of ₹89.95 Trillion

Despite the uncertainty and fear amongst investors amid lockdown, the wealth of Equity investors grew by ₹89.95 trillion due as the markets saw a rise of 79.26% in the year 2020-21. It is the all-time high accumulation of investor...

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A financial news enthusiast and a keen observer of stock market, I bring to you all the updates from the Business World. So, check out my posts and stay tuned with the major (informational) happenings that you should not miss!
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