Almost a dozen venture-backed startups are in different stages of going public in the current financial year. These include Bluestone, Ather Energy, PhysicsWallah, Shadowfax, Zepto, Captain Fresh, Groww, Lenskart, Meesho, OfBusiness, Urban Company and Boat. Bluestone, Ather Energy, Boat and…
Read More
SEBI has penalized Reliance Securities with Rs 7 lakh for violating stock broker regulations. An inspection revealed incorrect details in client margin statements and ledger balances. The firm also failed to comply with risk-based supervision guidelines by misreporting cash collateral…
Read More
Delhivery Ecom Express acquisition: Delhivery is set to acquire rival Ecom Express in an all-cash deal worth Rs 1,407 crore, signaling major consolidation in India’s logistics sector. The deal marks an 80% drop in Ecom Express’s valuation, with key PE…
Read More
RBI Monetary Policy Meeting: India’s central bank is anticipated to lower interest rates, coinciding with the implementation of US import tariffs. Investors are bracing for potential market instability, with expectations that Governor Sanjay Malhotra will implement measures to strengthen the…
Read More
Indian benchmark indices Nifty 50 and Sensex rebounded on Tuesday, recovering from Monday’s sharp decline triggered by U.S. tariff concerns. Early trading saw widespread buying across sectors, with the BSE Sensex rising 1.56% and the Nifty 50 gaining 1.65%. Markets…
Read More
In response to U.S. tariffs on steel and aluminum, the European Commission proposed 25% counter-tariffs on a range of U.S. goods, including diamonds, eggs, and poultry, with some taking effect in May and others in December. Bourbon, wine, and dairy…
Read More