New launches]
โช๏ธ Upstox forays into insurance distribution
[Financial results this week]
โช๏ธ MamEarth-parent Honasa posts Rs 1,920 Cr revenue, Rs 110 Cr PAT in FY24
โช๏ธ Nykaa posts Rs 6,386 Cr revenue and Rs 40 Cr PAT in FY24
โช๏ธ Paytm revenue grow
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Jeet Sarkar
Technology, Developm...ย โขย 1y
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 โน63,985 crore (+29% over 2023).
๐SEBI's report on Investor Behaviour in IPOs is an interesting reveal -
- High Flipping Rate: Overall around 54% of IPO shares
Meet the man who donated 6120 CR worth of his shares to employees.
1. Born in a middle-class Brahmin family in Chennai, R Thyagarajan wanted to be financially independent. As he was looking for money, he saw an advertisement. ๐ค
2. In 1961, New Ind
