Fixed Deposits (FDs) are a very popular investment method because they offer high rates of interest, guaranteed returns, and most importantly, give investors an estimate beforehand of the amount that will be received by them upon maturity with an FD calculator. FDs are offered by banks and NBFCs at varying […]
Planning to book Ola Electric scooter? Check 5 alternatives with up to 240 km range
New Delhi: Ola Electric is off to a flying start after opening the bookings for its much-awaited electric scooter. The automaking arm of Ola has thus far received quite one lakh bookings for its yet-to-be-launched electric scooter. Besides Ola Electric, several other brands are selling their electric bikes while a couple of others are getting to launch their […]
Rossari Biotech to acquire Tristar Intermediates at enterprise value of Rs 120 crore
Rossari Biotech Ltd, a speciality chemicals manufacturer, on Sunday announced the acquisition of Tristar Intermediates at an enterprise value of Rs 120 crore. The board of the corporate has approved the acquisition of Tristar Intermediates, a move which can help Rossari Biotech expand its product portfolio, primarily within the care segment, a joint statement said. As per […]
Reliance Retail Acquires 40.95% Stake In Just Dial For ₹ 3,947 Crore
Reliance Retail, Retail Sleeve Mukesh Ambani-LED Reliance Industries Limited, obtained a 40.95 percent stock for ₹ 3,497 crore in the leading internet technology B2B company only dial. In accordance with the definitive agreement on July 16, retail companies will make an open offer to obtain up to 26 percent in […]
Board has asked us to get ready for IPO: Oyo CFO
The OYO hospitality company on Friday said that it has raised the TLB fund of USD 660 million (almost Rs 4,920 Crore) from global institutional investors and capital will be used to explore debt and other business investments. This offer is a subscription to 1.7 times and the company receives […]
Planning on closing your home loan? Make sure to follow this checklist
There is nothing as important as having a safe and secure home of your own. It’s natural to feel great joy once you’ve finished paying the final installment of your home loan. However, even as you do so, make sure to complete the subsequent steps to ensure that there are […]
After Blockbuster Zomato IPO, it is sold completely on day 1, more Unicorn lines
Early Public Offering Zomato Ltd. $ 1.3 billion was fully responded to the first day, the vote for the market where a group of homegrown startup was preparing to go public. Zomato, the online food delivery platform, got an offer for around 749 million shares against 719.2 million shares offered. […]
Accumulate Infosys; target of Rs 1812: Arihant Capital
Arihant Capital Research Report on Infosys Infosys (Infy) has reported a series of numbers in Q1FY22. CC’s income, INR income above our estimate, and Pat, EBIT is below our estimate. Consolidated Income INR 27,896 CR, + 6% / + 17.9% Qoq / Yoy on our estimates of INR 27,784 CR. […]
Wholesale inflation eases to 12.07% in June as food, crude prices soften
New Delhi: Wholesale price-based inflation reduced to 12.07 percent in June as crude oil and food witnessed some softening prices. However, WPI inflation remains in two digits for the third consecutive month in June, mainly due to the low base of last year. WPI inflation is (-) 1.81 percent, in […]
RBI limits the mastercard of removing new debit, credit card in India from July 22
Reserve Bank of India (RBI) on July 14 said he had taken monitoring actions to MasterCard quoting non-compliance. Apart from a fairly large time interval and adequate opportunities given, the entity has been found not in accordance with the instructions on the storage of payment system data, said RBI. As […]