Online payments firm MobiKwik has received approval from the Securities and Exchange Board of India to raise Rs. 1900 crores ($255 million) via IPO (Initial …
Month: October 2021

What Does RBI Move To Maintain Rates Steady
8 October 2021An Overview The Reserve Bank of India (RBI) held key policy interest rates steady on Friday, indicating that it expects the weak economic recovery to …

PSU Stock Rally Pushes BSE500 Index From 11k To 24k Levels
8 October 2021Listed public sector undertakings (PSUs) are reportedly contributing to the BSE 500 Index’s rally ever since the crash of March 2020. As per reports, the …

Ficci Projects 9.1% GDP Growth In FY22
8 October 2021An Overview The industry association FICCI raised its growth forecast for the Indian economy in FY22 from 9% to 9.1 percent on Thursday, up from …

As Retail Participation In Markets Rises, Companies Are Alleging Fraud: SEBI
8 October 2021An Overview The rise in corporations reporting scams in tandem with an increase in retail investors’ interest in stocks is a worrisome trend that needs …

Paytm In Talks With ADIA, BlackRock For Blockbuster IPO
8 October 2021Digital payment platform Paytm is in touch with various global financial firms and asset managers ahead of its initial public offering. According to sources close …

Delhivery, Step Closer To File IPO, Converts Public Entity
8 October 2021Delhivery is among the leading new age supply chain and logistics chains in India. This Gurgaon-based company converted itself into a private limited company right …

Kalyan Jewellers Share Up 11%, Robust Revenue Growth In Q2
8 October 2021The shares of Kalyan Jewellers noted an 11% jump in the intraday trading on 7 October 2021. This growth is a direct reflection of this …

RIL Shares Rise 1.5% After 7-Eleven Convenience Store Deal
8 October 2021RIL (Reliance Industries Limited) shares gained more than 1% on 7 October 2021 following the successful conclusion of its subsidiary’s deal with 7-Eleven. Shares of …

Paras Defence Trading At Record High: Investors Earn 246% Returns
8 October 2021Shares of Paras Defence and Space Technologies were listed on 1st October 2021. Since then, it has been hitting the upper circuit limit in every …

BSE Tech Receives Nod From RBI To Set Up And Operate TReDs
7 October 2021On Tuesday, 5 October 2021, BSE Tech received in-principal approval from RBI to set up its Trades Receivable Discounting System or TReDs. This authorisation was …

NSE To Introduce Weekly Futures For USD-INR
7 October 2021NSE has introduced weekly futures for USD-INR currency pairs. Trading in these futures will start from 11 October 2021. It’s a part of this bourse’s …