Normally, when the potential IPO candidate applies to the regulator by filing the DRHP (draft red herring prospectus), the approval takes around 2-3 months. Once SEBI is satisfied that all the required formalities are complied with, it issues observa

It may sound strange that a largely urban phenomenon like IT services is finding a lot of attraction in smaller towns. In fact, just last month, TCS and Infosys announced the opening of new centres in Tier-II cities. These are not even the typical to

Paytm, which is the fintech platform owned and operated by One97 Communications, may not have a lot to write home about in terms of stock market performance. The stock has disappointed since its listing and continues to trade nearly 65% below its IPO

The first quarter of the current fiscal is likely to be challenging for the oil marketing companies. In India, oil marketing is dominated by Indian Oil Corporation (IOC), Bharat Petroleum and Hindustan Petroleum, which jointly account for about 85-90

Last month, there was an interesting transaction in which Ultratech Cements imported coal from Russia. What was interesting was that the payment for the Russian coal was made in Chinese Yuan. That was necessitated as Russia was cut off from the dolla

Aurobindo Pharma, the Hyderabad based specialist in active pharma ingredients, has decided to largely revamp its China business strategy. For a long time, the business model of Aurobindo Pharma had an overdependence on raw-material imports from China

If SEBI has its way, then it could become a global pioneer in regular and routine risk disclosure for the stock markets. The idea is to empower investors with more knowledge based on the accumulated intelligence in the markets. This improves the inve

The Indian stock market has been trying to slowly claw back after the sharp slide over the last two months that pulled it 15% below its recent peak. Even as the spectre of further interest rate hikes by the US Fed and the RBI is playing out in the mi

The IT sectoral index of the BSE has underperformed the 30-stock Sensex marginally over the last one year. While the benchmark Sensex has moved up around 3-4%, the BSE IT index is down by 2% in the same period. If you are looking to invest in soft

The Indian stock market has been slowly inching higher, trying to recover from the trough it hit 15% below the all-time peak recently. But the risk elements remain. In a bull market it’s easy to be swayed by a herd mentality to look for growth s

When Tata Power took a decision to make a quantum shift to renewable power a couple of years back, few gave them any chance of success. Today, it is precisely that renewable focus that is boosting the valuations of Tata Power. In its latest aggressiv

The Indian stock market has been trying to slowly claw back after the sharp slide over the last two months but it is still about 15% below its recent peak. Even as the interest rate hikes by the US Fed and the RBI are playing out in the mind of in