The story of Ankur Jain, unchecked ambition, and ₹2,100 crores in losses A) The Context Picture this: It’s 2017. You walk into a Bangalore brewpub. Everyone’s drinking the same beer&mdas...
Global travel-tech company OYO is taking a significant leap in its evolution by focusing on the premium segment of the hospitality market. According to sources, the company is crafting a distinctive identity for its high-end offerings. This transformation includes new visual elements such as updated staff uniforms and customized signages for property facades. These changes aim to distinguish its p...
India's largest Asset Management Company (AMC), SBI Mutual Fund (SBI MF), is all set to launch its much-awaited Initial Public Offering (IPO). Backed by the State Bank of India (SBI) and Amundi (France-based Asset Management firm), this IPO is poised to be one of India's largest listings in recent years. This article provides a detailed analysis of SBI Mutual Fund’s IPO plan, expected valua...
Imagine Marketing, the parent company of the popular audio and wearables brand Boat, has reportedly submitted draft papers for its Initial Public Offering (IPO) through SEBI's confidential filing mechanism. This move allows the company to keep its IPO details under wraps, generating anticipation while maintaining flexibility in its plans. 1. No Assurance of IPO Launch The company emphasized that...
Lords Mark Industries Limited, a renowned multi-sector Indian conglomerate, has achieved a key breakthrough by entering the United States market. Through its American subsidiary, Lord’s Mark Global LLC, the company secured its first significant order worth nearly $1 million. This accomplishment not only underscores Lords Mark’s global ambitions but also strengthens India's "Made in Ind...
In a bold strategic move, the Tata Group is gearing up to raise $1.3 billion to strengthen its digital ecosystem, with a renewed focus on two of its flagship consumer-tech ventures — BigBasket and Tata 1mg. Facing intensifying competition in both quick commerce and online healthcare, this capital infusion is viewed as a make-or-break effort to reclaim market leadership and drive sustainable...
Key Points on PPFAS's Wealth Management Approach: Background and Leadership PPFAS (Parag Parikh Financial Advisory Services) is entering the wealth management space with a client-first approach. The new division is led by Khushboo Joshi, who detailed the firm’s approach in an interview with LiveMint. Philosophy: Challenging Traditional Practices...
Sterlite Grid, one of India’s top private sector grid transmission players, has won a ₹448 crore project aimed at evacuating 4.5 GW of renewable energy from the Ananthapur-II Renewable Energy Zone (REZ) in Andhra Pradesh. This major infrastructure initiative will play a pivotal role in India's ambitious plan to install 500 GW of renewable energy by 2030. This blog covers the project's key t...
The National Stock Exchange (NSE) has made another attempt to secure a No Objection Certificate (NOC) from the Securities and Exchange Board of India (SEBI) to move forward with its long-awaited Initial Public Offering (IPO). According to insider sources, NSE has submitted a fresh application addressing SEBI’s previously raised concerns. 1. The Eight-Year Wait for IPO ApprovalDespite filing...
The Income Tax Department has issued a tax demand notice amounting to Rs 104.77 crore to Care Health Insurance, a division of Religare Enterprises, for the assessment years 2020–21 and 2021–22. The notice was sent by the Office of the Assistant Commissioner of Income-Tax, Central Circle 6(2), Mumbai, as per a regulatory filing by Religare Enterprises Limited (REL). 1. Care Health Insu...
The Unthinkable Just Happened Imagine this: A company that started by mailing DVDs in red envelopes just bought one of...
The Story Over the last two years, government agencies auctioned 88 gigawatts of solar and renewable projects...
What's the story? Elon Musk says it. Jeff Bezos believes it. And now Sundar Pichai is betting big on it. By 2030, it co...
The Story of Two Bansals, a $16 Billion Deal, and a Singapore U-Turn The Beginning: When Books Met Ambition Picture...
Company Brief Prisma Global Limited is an India-based technology company operating in the AI-driven visual intelligence...
How Two US Giants Crushed India's E-commerce Darling In February 2016, Snapdeal stood at the pinnacle of India's e-comm...