Market News Top 10 News Adani Group Gets SEBI Nod for Open Offer to Buy Stake in ACC, Ambuja – Top Indian Market Updates Here are some of the major updates that could move the markets on Monday: Adani Group gets SEBI nod for open offer to buy stake in ACC and Ambuja The Adani Group has made offers of Rs 385 per share for Ambuja Cements and Rs 2,300 a share for ACC. The company intends to buy […] Written by Maarg Vaidya August 19, 2022August 22, 2022
Editorial 5 Things Wrong With The Indian Startup and VC Ecosystem Do you know what’s common between OYO, PayTM, BYJUS, and Swiggy? While they have a valuation of greater than $10 billion, none of them are profitable. Startups have for long aimed for valuation and growth. Profitability is far from visible for many unicorns. Speaking of India’s largest IPO turned fiasco, the PayTM IPO. The IPO […] Written by Maarg Vaidya August 18, 2022August 18, 2022
Market News Top 10 News Rupee Hits 80 per US Dollar At Record Lowest – Top Indian Market Updates Here are some of the major updates that could move the markets tomorrow: Rupee Hits 80 per US Dollar At Record Lowest On July 19, 2022, Tuesday, the Indian Rupee to US Dollar conversion rate hit a new record low at Rs 80 per US Dollar in the interbank spot exchange. The rising trade deficit, […] Written by Maarg Vaidya July 19, 2022July 20, 2022
Editorial Alarming Govt Stake In Cigarette Companies: Does The Govt Support Smoking? We often come across tobacco control programs and ‘Quit Smoking’ campaigns run mainly by the government. Yet we see PSUs and government-backed entities investing in tobacco players like ITC and VST Industries. A Right to Information (RTI) filed by Voice of Tobacco Victims (VoTV) in 2011 revealed that Life Insurance Corporation of India (LIC) had […] Written by Maarg Vaidya July 18, 2022July 19, 2022
Editorial Why RBL Bank’s Share Price is Down 60% this Year? RBL Bank’s share price has tanked by nearly 60% in a year and ~30% in the second week of June! The bank’s top-level management, financials, and asset quality are being questioned. In this piece, we figure out what led to the price crash and if India’s central bank could possibly recover RBL Bank’s damaged share […] Written by Maarg Vaidya June 28, 2022June 28, 2022
Market News Top 10 News Govt Asks Coal India To Import 12 MT of Coal – Top Indian Market Updates Here are some of the major updates that could move the markets tomorrow: As Shortage Looms, Govt Asks Coal India To Import 12 MT of Coal According to reports, the government has asked state-owned Coal India Ltd. (CIL) to be prepared to import 12 million tonnes (MT) of coal for power utilities. This comes in […] Written by Maarg Vaidya June 3, 2022June 4, 2022
Editorial Zomato Q4 Results: How Has The Food and Delivery Platform Fared? Zomato got listed in July 2021. The food delivery platform’s share price has tanked by nearly ~42% since then. Amidst tough economic conditions, the company is trying to expand into the B2B segment with Hyperpure, growing breakneck, and keeping up with peers like Swiggy, Zepto, and Dunzo. Zomato had recently announced its Q4 results for […] Written by Maarg Vaidya May 31, 2022May 31, 2022
Market News Top 10 News Indonesia To Lift Palm Oil Export Ban – Top Indian Market News Indonesia to lift palm oil exports ban from May 23 Following improvements in the local cooking oil supply situation, Indonesia will relax its prohibition on palm oil exports from May 23, said President Joko Widodo. The restriction on palm oil exports was implemented three weeks ago in an effort to boost domestic cooking oil supplies. […] Written by Maarg Vaidya May 19, 2022May 19, 2022
Editorial How Patanjali Bought Ruchi Soya For Free Ruchi Soya Industries is a company that was technically valued at zero for a while but was soon valued at thousands of crores. The company faced extreme financial doldrums and was dragged to insolvency court by its creditors. Two companies placed bids to buy Ruchi Soya— Patanjali and Adani Wilmar. Patanjali won the bid and […] Written by Maarg Vaidya May 6, 2022January 16, 2024
Editorial 5 Things To Know About Sri Lanka’s Economic Crisis Sri Lanka is facing one of its worst economic crises in recent decades. Videos have surfaced on social media showing scores of protestors clashing against the army and the police. Even the army and police had a violent conflict against each other in one instance. After the entire Cabinet Ministry was dissolved, the newly appointed […] Written by Maarg Vaidya April 7, 2022August 1, 2022
Editorial How Has Inflation Impacted The FMCG Sector? The Russia-Ukrainian crisis, rising fuel prices, and global interest rate hikes have fueled inflation. Many sectors of the worldwide economy are impacted by it. One such is the FMCG or Fast Moving Consumer Good sector. In a December 2021 issue, we discussed the WPI-CPI divergence and how inflation wasn’t reflecting on retail prices. While manufacturers continued […] Written by Maarg Vaidya March 30, 2022August 1, 2022
Editorial Behind the Metal & Mining Stocks Rally: The Bigger Picture The Indian Metal and Mining Stocks are on a rally. NIFTY Metal, the benchmark index for metal and mining stocks, is trading at record levels. Amidst the Ukraine-Russia crisis, rising oil prices, damaged supply chain, and high inflation levels, metal and mining stocks have offered great returns in the last 3-4 months. What exactly could […] Written by Maarg Vaidya March 14, 2022August 1, 2022
