In an interesting move in the stock markets, the stock of Reliance Industries was the top gainer on the Nifty on 25th November, gaining 6.4 in a single day. This bounce comes after a couple of days of weakness due to the stake sale in the O2C busine

When the stock of Paytm listed at a discount and kept dipping sharply, one of the big questions in the minds of people was the exposure of LIC to Paytm. After all, LIC with an investible corpus of close to $360 billion remains the single largest inst

Tega Industries has been around in the polymers industry for over 45 years now. It focuses on material and mineral handling support systems with a portfolio of over 55 different products. Tega is tapping the IPO market next month and here is the gist

The announcement to go ahead with privatization of PSU banks was made in the Union Budget 2021. During the budget presentation, Finance Minister Nirmala Sitharaman had committed that 2 PSU banks, other than IDBI Bank, would be privatized during the y

Star Health and Allied Insurance was established in 2005 by the former CMD of United India Assurance, V Jagannathan. Over the last 16 years, Star Health and Allied Insurance has emerged as a dominant player in health insurance origination with a mark

The much awaited Cryptocurrency and Regulation of Digital Currency Bill, 2021 is likely to be taken up for discussion in the Winter session of Parliament, which commences on 29th November and will get over on 23rd December. It is 1 among the 26 bi

On 23 November, the Indian government announced that it would release nearly 5 million barrels of oil from its Strategic Petroleum Reserve (SPR). The decision has an interesting background. Just a couple of days earlier, Joe Biden had announced th

The weak listing of the Paytm IPO may have had its first casualty in the form of a digital IPO being put off. MobiKwik has put off its proposed Rs.1,900 crore IPO on the back of weak Paytm listing. MobiKwik has been apprehensive that the post list

One of the biggest issues from an Indian insurance company will soon hit the IPO market. Star Health and Allied Insurance has announced the launch of its Rs.7,249 crore IPO opening on 30-November. Here is a gist of the Star Health and Allied Insuranc

In a circular issued after market hours on 23-November, SEBI announced that it was postponing the implementation of the framework for segregation and monitoring of collateral at client level to 28th February 2022. In addition, even the implementat

Jesons Industries has filed draft red herring prospectus (DRHP) with SEBI for its proposed Rs.900 crore IPO. Jesons Industries is one of the leading manufacturers of specialty coating emulsions and water based adhesives. Jesons Industries is fully ow

Fusion Microfinance, which is backed by PE firm Warburg Pincus, had filed for its draft red herring prospectus in mid-August 2021. It has just got the approval from SEBI and can now proceed to file the RHP with the ROC and complete other formalities