BankBazaar.com plans to launch its IPO in the next 12-18 months, it said. Prior to filing for DRHP, the fintech company aims to raise another round of capital (a combination of fresh and secondary issue), and has appointed ICICI Securities to advise on its capital raise plan. Meanwhile, Bankbazaar closed FY23 with net revenue of […]
Petrol and Diesel Rate Today in Delhi, Bangalore, Chennai, Mumbai, Hyderabad: As a result of the upward trend in crude prices, petrol rates and diesel rates have seen a revision in prices across many major cities in India on Thursday, 13 April 2023. In Bangalore, petrol prices have risen by Rs 0.04 to Rs 101.99 […]
Samsung has launched two new 5G smartphones under its Galaxy A-series in India. These are the Galaxy A25 5G and Galaxy A15 5G. While the A15 5G starts at just under Rs 20,000, the A25 5G is priced upwards of Rs 25,000. Spec-wise, the two phones seem competitive even if their design scheme might look […]
After facing loss due to terminal heatwave last year, more farmers are cultivating climate resilient wheat varieties which has been sown in more than 60 per cent of the planted area of 30.86 million hectares so far, according to agriculture commissioner P K Singh. Wheat is the main rabi (winter) crop, sowing of which normally […]
Indian share market is likely to open on a muted note hinted SGX Nifty on Tuesday as Nifty futures were trading marginally lower at 18150 level on the Singapore Exchange. In the previous session, BSE Sensex rallied 847 pts to 60,747, while NSE Nifty 50 rose 242 pts to 18,101. “Commencement of Q3 corporate earnings […]
By Milind MuchhalaThe Indian equity market finally seems to be witnessing the much-awaited correction, although the headline index is getting some support from the healthy performance of the financials. However, this is masking the weakness in the broader market, especially in the midcap and small cap space. While the respective indices have corrected by ~8-10%, […]
Mamaearth’s parent firm Honasa Consumer Ltd, co-founded by Shark Tank fame entrepreneur Ghazal Alagh, has filed DRHP for an IPO to raise up to about Rs 3,000 crore for existing selling shareholders and fresh issue, according to reports. Honasa Consumer is the owner and operator of personal care brands such as Mamaearth, BBlunt and The […]
Petrol and Diesel Rate Today in Delhi, Bangalore, Chennai, Mumbai, Hyderabad: Fuel prices continued to stagnate on Wednesday, 8 February 2023, keeping costs steady for about eight months now. In Delhi, petrol is priced at Rs 96.72, while diesel in the National Capital is retailing at Rs 89.62 per litre. In Mumbai, petrol is retailing at […]
Asian stocks were lifted from lows on Tuesday, with the rescue of Credit Suisse stemming selling in bank shares, though the mood was fragile and the stress in markets had traders wondering whether U.S. rate hikes might be finished. MSCI’s broadest index of Asia-Pacific shares outside Japan rose 0.5% in early trade. Australian shares bounced […]
By VK Vijayakumar Inflation has emerged as a threat to economic growth and markets, globally. In US, inflation touched 8.3 per cent in April; in the Euro Zone inflation is at 7.5 per cent and in UK at 9 per cent. In countries like Turkey and Sri Lanka there is hyperinflation. In India, CPI inflation […]
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