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...
OYO, the Indian hospitality giant preparing for an IPO, turned profitable in the financial year 2023-24 (FY24) by streamlining its operations and cutting costs. The company posted a net profit of INR 229.5 Cr for FY24, a stark reversal from the net loss of INR 1,286.5 Cr reported in the previous year. Last month, OYO confirmed this shift to profitability. Revenue Performance and Growth Desp...
Introduction: About TRL Krosaki Refractories Limited Company Overview:TRL Krosaki Refractories Limited is a leading manufacturer of refractories, which are materials specifically designed to withstand extremely high temperatures without degrading. Refractories are essential in industries that involve high-temperature processes, such as steelmaking, cement production, glass manufacturing, and non-...
Comprehensive Report on PharmEasy's FY24 Financial Performance Introduction PharmEasy, a leading digital healthcare platform in India, has made significant strides in optimizing its operations and focusing on higher-margin segments. The fiscal year 2024 (FY24) has been a challenging yet transformative year for the company. This report provides a detailed analysis of PharmEasy's business model, f...
Waaree Energies Business Model Waaree Energies is at the forefront of India's renewable energy revolution, offering a comprehensive range of solar solutions tailored to meet the needs of both domestic and international markets. With a commitment to innovation, quality, and sustainability, the company has established itself as a key player in the solar industry. Its vertically integrated business...
Swiggy Limited has announced its financial results for the financial year 2024, showcasing a notable improvement in its financial and operational performance. The company's revenue from operations saw a robust growth of 36%, increasing to Rs. 11,247 crore in FY24, compared to Rs. 8,264 crore in FY23. This significant increase in revenue reflects Swiggy's strong market presence and its ability to m...
HDB Financial Services, a subsidiary of banking giant HDFC Bank, has initiated preparations for its upcoming initial public offering (IPO). The company has brought on board four prominent investment banks—Jefferies, JM Financial, Morgan Stanley, and Nomura—to serve as advisors for the public offering, according to insider sources who spoke to Moneycontrol under anonymity. The formal p...
Company Overview: Studds Accessories Limited, a premier Indian manufacturer, stands as a global leader in the production of helmets and motorcycle accessories. The company has achieved the distinction of being the largest two-wheeler helmet manufacturer worldwide, with an annual production exceeding 7 million helmets and more than 1 million motorcycle accessories in FY24 across its four advanced...
HDFC Bank Ltd is advancing with its strategic move to take its non-banking subsidiary, HDB Financial Services, public. The initial public offering (IPO) is expected to take place either by December this year or by the close of the current financial year, according to individuals familiar with the matter. The offering is likely to include both a secondary sale of shares and fresh capital infusion,...
Cochin International Airport Limited (CIAL): A Comprehensive Financial Analysis and Growth Outlook A) Introduction Cochin International Airport Limited (CIAL), one of India’s most successful and pioneering airport ventures, has recently released its annual report for the financial year 2023-24. This report provides a comprehensive overview of the company's financial performance, strategi...
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...