Thursday, February 25, 2021

Sayon Bhattacharya

NBCC India attains orders of Rs. 204.49 crores

What is NBCC (India) Limited? As of January 2020, there are 10 Maharatna companies and 14 Navaratna companies in India. With this, there are also 73 Miniratna companies divided into two categories. The government of India recognized nine public Sector Enterprises...

Mahindra Finance Rs 3,088.82 crore rights issue open on July 28

The Non-banking financial company Mahindra finance on Monday declared its Rs 3,088.82 crore rights issue will open for subscription on July 28.   The equity shares will be offered in the ratio of one equity share for every one equity share held...

Indian Court summons Alibaba group’s co-founder and former executive chairman Jack Ma

The government has already banned Alibaba group's several applications like UC news and UC browser a few weeks back as tension in Indo-China border escalated. Weeks after the incident a former employee of Alibaba's UC Web filed a case against...

HDFC Bank stock tanks: Aditya Puri under fire

Post this transaction, Puri holds 3.76 lakh shares of the bank or 0.01 percent HDFC Bank's managing director, Aditya Puri, sold the bank’s shares worth Rs 843 crores (as per current price) post July 21, stock exchange filings showed....

India bans 47 more Chinese apps; 275 under review.

The call to ban more Chinese apps has been taken by the Ministry of Electronics & Information Technology (MeitY), due to security concerns. Some reports state that 275 more Chinese apps including the very beloved gaming app Pubg will...

Paytm Money Review : India’s Latest Trading Platform

Fully-owned subsidiary of One97 Communications, Paytm has been India's darling unicorn for years at this point. Paytm has over three million users on it's investment platform Paytm Money which used to be solely for mutual fund investment but has...

SENSEX Scores Record Sixth Straight Week of Gains

As the week comes to a draw, astonishing news from Dalal Street floods the nation's financial arteries. India's foremost equity index, Sensex reported a sixth week of gain which. A success of this magnitude in terms of gains was...

COVID-19: How Shell Companies Go Public (SPAC)

SPAC or Special Purpose Acquisition Company is one of the most unusual legal entity there is. Bearing the rather daunting alias of "black check" companies, these are corporations which raise money for the express purpose of merging or acquiring...

A further Slash in the RBI Repo Rate

Meaning of Repo rate Repo Rate means the rate of interest which is charged by the RBI when loans are advanced to the Commercial Banks. The RBI of India keeps on changing the rate. To maintain equilibrium in society. The...

Bharat Bond ETF New Fund Offering raises Rs 10,992 crore in second tranche of its launch

Bharat Bond NFO (New Fund Offering) issue in its second Tranche got subscribed 3.7 times. Edelweiss Asset Management which is managing the issue said, "Bharat Bond NFO Tranche II has been a resounding success, receiving applications amounting to Rs...

About Me

A student, Quant Dev, Finance & Capital Market Enthusiast, and now a blogger on The Indian Wire living in the Financial Capital of India, Mumbai. Sayon is a multi faceted individual with limitless enthusiasm to enlighten the uninitiated in the realm of Finance and Business. He enjoys sharing his knowledge and understanding of current and core happenings in these domains with startling simplicity and ease of understanding. Stay tuned to know more about the latest happenings and be up to date with the market.
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Unlike traditional print and broadcast media, online media has largely been unregulated in India. In November 2020,...

Carbon Emission Reduction Targets: Where does India stand in this race to a green future?

As the people's movement to conserve their Environment and restore it to its very beauty, is gaining momentum. A host of responsible countries are...

Mercedes Benz A-Class Limousine Launch Scheduled For 25th March In India

Remember, the Mercedes Benz A-Class Limousine that was showcased at the Auto Expo 2020? The same car is coming to India on 25th March....

SC bars NCLT from approving Future-RIL deal for now

The Supreme Court on Monday barred the National Company Law Tribunal (NCLT) from approving the ₹24,713-crore deal between Kishore Biyani’s Future Retail Ltd (FRL)...

Google, Oppo, Xiaomi partners with Samsung for foldable OLED display panel: Report

Google is reportedly working on a foldable smartphone and has partnered with Samsung for the OLED display panel. Samsung has also collaborated with other...