Back

Bajaj finance and it's promoter to buy Allianz's 26% stake in insurance JVs for Rs 24,180 cr.

New launches] ▪️ Upstox forays into insurance distribution [Financial results this week] ▪️ MamEarth-parent Honasa posts Rs 1,920 Cr revenue, Rs 110 Cr PAT in FY24 ▪️ Nykaa posts Rs 6,386 Cr revenue and Rs 40 Cr PAT in FY24 ▪️ Paytm revenue grow

🧾 The Curious Case of Unused Billions in India In June 2024, SEBI ordered Jane Street to return ₹4,843 crore earned via alleged Nifty expiry manipulation. But even if recovered, the money won’t go to investors—it’ll sit in SEBI’s Investor Protection

Gujarat-based Vodafone Idea (Vi) has raised about Rs 5,400 crore from anchor investors, including GQG Partners, Fidelity Investments, UBS Fund Management, Jupiter Fund Management, and Australian Super, besides Indian investors such as India Infoline,

Top News of Today (29th Nov 2024): 1) Flipkart-owned Cleartrip spent Rs 988 Cr to earn Rs 97 Cr in FY24 2) Man sets e-scooter on fire at Ather outlet in Chennai, alleges poor service 3) Musk gives 25% of xAI stake to those who funded Twitter buyout

Volt Money Partners PhonePe To Offer Loans Against MFs - Partnership Announcement: Volt Money has partnered with PhonePe to offer loans against mutual funds through the PhonePe app, with loan sizes ranging from INR 25,000 to INR 5 Cr. - Integration

This year - IPO fundraise has picked up pace with 60 companies listing so far and raising ₹63,985 crore (+29% over 2023). 📄SEBI's report on Investor Behaviour in IPOs is an interesting reveal - - High Flipping Rate: Overall around 54% of IPO shares