Financials of Polymatech Unlisted Shares are updated for 2025
India’s quick‑commerce star may be preparing for its biggest delivery yet — an IPO. What’s happening? Zepto is reportedly planning to file draft papers for a $500 million IPO in In...
Reports indicate that Oyo Hotel & Homes, founded by Ritesh Agarwal, is currently in the process of withdrawing its initial public offering (IPO) draft application from the Securities and Exchange Board of India (Sebi). Sources cited in The Economic Times suggest that discussions regarding the withdrawal of the application have been ongoing, with stakeholders being informed, and the acti...
n a regulatory showdown, the Securities and Exchange Board of India (Sebi) has dealt a significant blow to the National Stock Exchange (NSE) by rejecting its settlement application concerning alleged irregularities in its co-location (colo) facility. This development marks another chapter in the protracted saga of the co-location controversy, highlighting the persistent legal battles and regulator...
OYO, the renowned hospitality and travel technology giant, has embarked on a strategic journey aimed at expediting its Initial Public Offering (IPO) approval process. Recently, senior executives of the company engaged in discussions with representatives of the Securities and Exchange Board of India (SEBI), highlighting OYO's remarkable strides in both financial performance and debt management. Re...
The National Stock Exchange (NSE) has released its financial results for Q3FY24 and the nine months ended December 2023. In Q3FY24, NSE recorded a net consolidated profit of Rs.1,975 crore, marking an 8% year-on-year increase. The total consolidated operating revenue also saw a significant rise of 25% year-on-year, reaching Rs.3,517 crore. Total expenses for the period amounted to Rs.1,369 crores...
In a recent town hall meeting, OYO's Founder & CEO, Ritesh Agarwal, shared positive updates regarding the company's financial performance. He revealed that OYO achieved a twofold sequential growth in Profit After Tax (PAT) to ₹30 crore in Q3 FY24, indicating a promising trend for future profitability. Agarwal attributed this growth to various factors, including increased patron confidence, imp...
Tata Capital has recently collaborated with UnoGreen Smart Business Card to introduce over 200 custom-designed Metal Business Cards into their corporate ecosystem. This partnership underscores Tata Capital's commitment to embracing innovative and environmentally friendly solutions, while also positioning UnoGreen Smart Business Cards as a leader in the digital networking tools sector. The UnoGree...
Thyrocare, a diagnostics platform owned by PharmEasy, is set to acquire Think Health Diagnostics, based in Chennai to expand its services. The acquisition, facilitated through a share swap agreement, aims to bolster Thyrocare's offerings, particularly in providing ECG services at home and accessing the insurance segment. With Think Health Diagnostics operating in 10 cities nationwide, inclu...
The largest floating solar power plant in Kerala has been successfully commissioned by Power Minister M M Mani on the Banasura Sagar reservoir at Padinjarethara in Wayanad, in what can be considered as a "significant" development. The Kerala State Electricity Board (KSEB) reveals that the floating solar power plant, which costed approximately Rs 9.25 crore, actually consists of 1,938 solar panels...
US efforts to support the growth of India's solar industry may inadvertently expose a loophole allowing the entry of components manufactured with forced labor in China. Waaree Energies Ltd., a prominent Indian solar producer, has shipped numerous panels to the US containing components from a Chinese company. These products were previously denied entry to the US due to forced labor concerns, as re...
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...