In the wake of PM Modi’s resounding victory in the 2019 Lok Sabha elections, the formation of the new government, often referred to as PM Modi 3.0, has spurred immense interest and speculation. Central to this intrigue is the allocation of portfolios, a pivotal indicator of the government’s policy priorities and strategic direction. In this…
Introduction Le Travenues Technology Ltd, the company behind the travel booking website ixigo, is all set to launch its Initial Public Offering (IPO) on June 10, 2024. With a price band of ₹88 to ₹93 per share, the IPO aims to raise substantial funds, offering significant opportunities for investors. This article delves into the details…
Introduction In an unexpected turn of events, Nara Bhuvneshwari, wife of Telugu Desam Party (TDP) leader Nara Chandrababu Naidu, witnessed a remarkable surge in her net worth. Heritage Foods, the FMCG company where she is a leading promoter, experienced a significant rally in its share price, leading to a substantial financial gain for her. This…
Introduction The Reserve Bank of India (RBI) announced its second bi-monthly monetary policy of the financial year 2024-25, maintaining the benchmark repo rate at 6.5% for the eighth consecutive time. This decision, made by the six-member Monetary Policy Committee (MPC) headed by Governor Shaktikanta Das, underscores a continued stance of ‘withdrawal of accommodation’. Alongside this…
Introduction The IPO market in India is thriving despite market uncertainty, with many companies going public due to economic growth and rising stock prices. Three !POs are set to open for subscription next week – Kronox Lab Sciences, Sattrix Information Security, and Magenta Lifecare. Kronox Lab, Magenta Lifecare, Sattrix InfoSec Outline Generation 1. Introduction to…
