OVERVIEW: Explore Hyundai’s groundbreaking move as it selects JP Morgan, Citi, and HSBC as advisors for its India arm’s mega IPO, set to raise $3-3.5 billion. Uncover the details, potential timeline, and impact on India’s automotive market. Introduction: In a strategic move, Hyundai Motor has tapped JP Morgan, Citi, and HSBC as advisors for its…
IPO OVERVIEW: Explore the latest on Entero Healthcare Solutions IPO, from GMP to subscription status and key details. Decide whether to apply or not. Your comprehensive guide to this groundbreaking healthcare IPO. Introduction: The financial landscape is abuzz with the opening of Entero Healthcare Solutions IPO today. In this article, we delve into the intricacies…
OVERVIEW Explore the groundbreaking Zomato Q3 results, revealing a net profit of ₹138 crore and an impressive 69% YoY revenue surge. Dive into the details of their Q2FY24 report, highlighting a shift from previous losses to consistent profitability. Uncover the factors contributing to this success, including a 48% growth in the food delivery business and…
Introduction The Reserve Bank of India’s (RBI) Monetary Policy Committee (RBI MPC 2024) meeting is a focal point of interest as experts speculate on whether the Indian central bank will precede the US Federal Reserve in cutting rates. As the sixth consecutive meeting unfolds, led by RBI Governor Shaktikanta Das, the financial world is keenly…
Introduction In a remarkable turn of events, the Nifty PSU Bank index soared nearly 3%, closing at 6,743 points. This surge saw 11 out of 12 constituents finish the day in positive territory, with the index reaching a new record high of 6,788 points. Among the standout performers were Indian Overseas Bank, UCO Bank, and…
