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Glance, a leading AI-driven lock-screen platform, announced on February 14 that it will raise US$ 200 million from Jio Platforms Ltd. Glance, a subsidiary of InMobi had previously raised US$ 145million from Google and its existing Silicon Valley b

RHI Magnesita had a strong Q3 show where revenue grew 40, and Net profit grew 73. This mid-size market leader for special refractories in India, RHI Magnesita has rallied more than 16 in the last 5-days. This action is due to anticipation of a

Apollo Hospitals Enterprise Ltd, the country’s biggest healthcare service provider, reported robust numbers for the third quarter ended December 31, with high double-digit growth in both revenue and profit. Apollo Hospitals said its consolidated

One of India’s iconic new age start-ups, OYO, is likely to cut its IPO size and also the valuation that it was seeking from the markets. OYO has already filed the draft red herring prospectus with SEBI and the final approval is awaited. However, th

In one of the most recent filings for an IPO, TVS Supply Chain Solutions has filed its draft red herring prospectus (DRHP) with SEBI to raise Rs.5,000 crore via the IPO route. The SEBI approval process typically takes about 2 to 3 months so the appro

LIC is likely to file its draft red herring prospectus in the current week itself; either on 10th February or 11th February at the very latest. That would put LIC on target to complete its IPO by the second week of March and list the company by the l

Highest call option open interest contract was added at a strike price of 17500 for expiry on February 10. The Indian equity market lost for the third day in a row now. It is down by almost 3 from the budget session. Most of the fall in Nifty 50

With the Finance Minister confirming in her Union Budget speech that the LIC IPO would happen this year, the government is moving ahead with the next steps with a great sense of urgency. To begin with, the government is expected to file the draft red

Are you looking to invest for next 10 years? Then your wait is over as in this post we have listed top 10 funds to invest for next 10 years. When it comes to investing in equity mutual funds, investing in them from a long-term perspective is a wis

When the LIC IPO announcement was made in the Budget 2021, there was a sense of urgency to it. Clearly, the Rs.175,000 crore target for disinvestments was not going to happen unless the LIC IPO was completed during the year. Despite the best efforts

India’s second-largest credit card issuing company SBI Cards & Payment Services Ltd, which went public in March last year with a mega IPO, has lost all its ground it recovered after its poor market debut. SBI Cards’ shares quoted at Rs 882

In conversation with Shikhar Aggarwal, Joint Managing Director, BLS International Services Ltd. Could you shed some light on your asset-light business model? How are you leveraging technology and automation of processes to streamline costs? BLS