In the last few months, there has been one thing that has concerned the IPO market. The anchor investors may have played an important role in building institutional demand for the IPO. However, it was noted that these anchor investors did rush for th

At the start of December 2021, Brent Crude was at just about $69/bbl. Over the next 48 days, Brent has moved up by a whopping 26 to $87/bbl. In fact, for the last 4 weeks in succession, Brent crude has closed with gains. In a way that is ironic beca

On 17th January when the price of TCS touched a life-time high of Rs.4,045, the market capitalization of TCS scaled up to Rs.15,00,000 crore or Rs.15 trillion to put it more succinctly. With the US$ at around Rs.74.43/$, the market cap of TCS in doll

If you have ever looked for budget accommodation during your recent trips, chances are quite high that you would have used OYO Rooms. Founded in 2013 by Ritesh Agarwal as Oravel Stays Private Limited, it soon emerged as the Indianized version of

There is a virtual competition among the Indian states to roll out the red carpet to welcome Elon Musk of Tesla to set up an electric car manufacturing facility in their state. For any Indian state, getting Tesla to invest in their state would be a c

India’s second largest oil and gas extractor, Oil India Ltd, has decided to exit the global shale industry altogether. Shale is the oil and gas that is found embedded in rocks, which actually triggered the Shale revolution in the US since 2011. The

It was a record breaking first fortnight of Jan-22 for Indian bonds. Indian companies raised a record $6 billion via bonds in the offshore market in the first 2 weeks. This shows the confidence that global investors have reposed on Indian debt paper,

Among the large economies in the world, one of the most awaited GDP numbers is the Chinese GDP. After all, China accounts for more than 50 of the world demand for steel aluminium, copper and zinc. Name any capital equipment or consumer item and Chin

Asian stocks are having a mixed day on Monday 17th January. There is not clear Asia-level trend but there are very diverse country-specific trends that are emerging. The big data points for Monday are the China fourth quarter and full year GDP number

Chief ministers as state leaders have to portray a positive image of the state to the people. When Karnataka Chief Minister, Basavaraj Bommai, exuded confidence about Karnataka playing a pivotal role in Indian GDP touching $5 trillion, there was a se

AGS Transact Technologies Ltd is a 20 year old company operating in the payment solutions space. Its 3 broad verticals of operations are payment solutions, banking automation solutions and retail level automation. AGS ranks as India’s second lar

AGS Transact Technologies, which had filed DRHP with SEBI for its proposed IPO has decided to reduce its IPO size to Rs.680 crore. The IPO will be entirely an offer for sale and here are some key points to note about the IPO. 7 Things to K