FSN E-Commerce, the company that owns and operates the Nykaa digital brand, proposes to come out with an IPO of Rs.5,352 crore. The issue opens on 28-October and closes for subscription on 01-November. Nykaa is a digital platform that offers an agnos

India’s largest and most valuable continued to surprise the street on the positive side. For the second quarter ending Sep-21, Reliance Industries reported 49.84 growth in total revenues at Rs.174,104 crore. For the Sep-21 quarter, the bottom line

Tata Chemicals, one of the largest soda ash manufacturers in the world, is planning to hive off its US soda ash unit. While the likely valuations are not yet confirmed, the markets are estimating a valuation of around $1 billion expected by Tata Chem

Ahead of its mega IPO, Paytm plans to scrap its Rs.2,000 crore pre-IPO placement exercise as it was unable to agree with investors on pricing and valuations. Paytm is slated to hit the market with an IPO of Rs.16,600 crore which would include a fresh

FSN Ecommerce Ventures Ltd, the company that owns and operates the Nykaa brand, has announced the dates for its proposed IPO. Here are 7 things you need to know about the Nykaa IPO ✔️ The Nykaa IPO will open for subscription on

In what could be a temporary setback for Zee Entertainment, the Bombay High Court has called upon Zee to conduct the EGM as requested by Invesco Fund. Invesco holds 17.88 in Zee and is the single largest shareholder. As per the Companies Act 2013, i

As per the NSE circular dated 30th September 2021, a total of 45 stocks will changes in their F&O lot sizes due to relevant price movements. While these changes will be effective from 29th October, the day after the October expiry, the contracts

Gold Plus Glass Industry is likely to file the draft red herring prospectus (DRHP) for its proposed IPO. The DRHP filing is likely to happen around late December or in early January, so the entire process will only start after that. Gold Plus Glass i

You can be sure that there is pressure on margins when a marquee company like Asian Paints reports pressure on profits. In fact, for the Sep-21 quarter, Asian Paints has reported pressure on operating and net profits, largely due to a spike in raw ma

Bandhan Financial, the holding company of Bandhan Bank, plans to foray into the insurance business by picking up a stake in Future Generali Insurance. Bandhan Financial had monetized close to Rs.10,600 crore from the sale of its stake in Bandhan Bank

Fisdom, one of India’s fastest growing wealth advisory platforms, has now made a foray into stock broking. Fisdom is backed by Naspers. Incidentally, Naspers is a South Africa headquartered technology investor with deep value investments in a numbe

Mirae Mutual Fund, part of the Mirae group of South Korea, may not have been around as many of the bigger names. But the growth in AUM of this fund has been phenomenal. The fund started operations in India in 2008 and by 2016, the fund had AUM of jus