19 Dec, 2025,

Bira 91: How India’s Coolest Beer Brand Went Flat

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...

19 Dec, 2025,

232 1

04 Jun, 2024,

888 3

Financial Performance of Motilal Oswal Home Finance Limited for FY 202...

Motilal Oswal Home Finance Limited has disclosed its financial performance for the fiscal year 2023-24. The company witnessed a notable 10% increase in total revenue, reaching Rs. 589 crore, compared to Rs. 531 crore in FY23. Concurrently, total expenses also surged by 10%, reaching Rs. 417 crore from Rs. 356 crore in the previous fiscal year. Despite the growth in revenue, the Profit Before Tax...

04 Jun, 2024,

888 3

03 Jun, 2024,

258 3

Waaree Energies Appoints Prabhu Narayan Singh as Chief Sustainability...

Waaree Energies Limited proudly announces the induction of Prabhu Narayan Singh as their Chief Sustainability Officer (CSO), marking a significant stride in their commitment towards sustainable growth. With a robust background spanning over thirty years in various leadership capacities within India's renewable energy sector, Singh brings a wealth of expertise in environmental, social, and governan...

03 Jun, 2024,

258 3

03 Jun, 2024,

312 3

Tata Capital Healthcare Fund II Invests $20 Million in Orbicular Pharm...

In a strategic alliance, Tata Capital Healthcare Fund II, part of Tata Capital, has committed a substantial investment of $20 million to Orbicular Pharmaceutical Technologies, a leading specialty pharmaceutical firm headquartered in Hyderabad. This partnership aims to accelerate Orbicular's product development endeavors, reinforcing Tata Capital's pivotal role in fostering innovation within the he...

03 Jun, 2024,

312 3

31 May, 2024,

449 2

OYO Achieves Profitability in FY2023-24, Announces Founder Ritesh Agar...

OYO, the online travel aggregator, has reported its first profitable fiscal year in 2023-24, according to founder Ritesh Agarwal on social media platform X. The company recorded a net profit of approximately ₹100 crore, marking a significant turnaround from a loss of ₹1,286.5 crore in the previous fiscal year. While the figures are provisional, the final audited numbers are expected to be similar....

31 May, 2024,

449 2

31 May, 2024,

827 6

NSE Indices Launches India's First Electric Vehicle Thematic Index

On Thursday, NSE Indices Limited, a branch of the National Stock Exchange (NSE) specializing in index services, unveiled the Nifty EV & New Age Automotive Index. According to an NSE press release, this innovative index is intended to monitor the performance of companies engaged in the electric vehicle (EV) ecosystem and the development of advanced automotive technologies. Mukesh Agarwal, CEO...

31 May, 2024,

827 6

30 May, 2024,

473 3

Hero FinCorp Gets Board Approval for IPO Including Fresh Issue and Off...

On Thursday, May 30, Hero MotoCorp Limited, the largest two-wheeler manufacturer in India, announced through an exchange filing that its financial services arm, Hero FinCorp Limited, has received approval from its Board of Directors to proceed with an Initial Public Offering (IPO). The proposed IPO will feature two main components. The first component is a fresh issue, where Hero FinCorp will iss...

30 May, 2024,

473 3

28 May, 2024,

231 2

Fitch Ratings Upgrades OYO's Parent Company Oravel Stays, Citing Enhan...

Fitch Ratings announced on Monday that it has upgraded the long-term foreign and local currency issuer default ratings of Oravel Stays, the parent company of OYO, from 'B-' to 'B', with a 'Stable' outlook. This upgrade reflects the hospitality firm's strengthened financial standing. Additionally, Fitch has raised the rating on Oravel Stays' USD 660 million senior secured term loan due in 2026 fro...

28 May, 2024,

231 2

27 May, 2024,

370 4

NSE to Implement One Paisa Tick Size for Low-Priced Stocks

Starting June 10, the National Stock Exchange (NSE) will implement a one paisa tick size for all stocks trading below Rs 250 per share, as announced in a circular issued on May 24. This change aims to enhance price discovery and reflects the ongoing competitive dynamics between NSE and BSE for market leadership, as noted by market analysts. A tick size represents the minimum price variation betwe...

27 May, 2024,

370 4

27 May, 2024,

599 3

RBI Slaps Penalty on Hero FinCorp for Regulatory Breaches

The Reserve Bank of India (RBI) has levied a penalty of Rs 3.1 lakh on Hero FinCorp Limited due to regulatory non-compliance in specific areas concerning fair practices code. This penalty, however, reflects deficiencies in adhering to regulatory standards and does not question the validity of the company's transactions or agreements with its clientele. The imposition of the penalty follows a stat...

27 May, 2024,

599 3