Sapphire Foods India Ltd, one of the major Pizza Hut and KFC store operators in India, has submitted its Draft Red Herring Prospectus (DRHP) with SEBI for an IPO. This comes after Devyani International, another KFC and Pizza Hut operator, floated its IPO last week on 4 August. A Close Look at the Company Sapphire …
Zee Entertainment published its Q3 earnings report on 2 January 2022. The company witnessed a 25% YoY decline in consolidated net profit as per the report. As a result, its consolidated PAT stood at Rs. 299 crores for the quarter ended 31 December 2021. During FY 2020-21, Zee Entertainment had posted a net profit of …
Over the last two days, 4 October 2021 and 5 October 2021, some massive transactions have gone down both in the NSE and the BSE. Some stock market heavyweights were also involved in these deals. Let’s take a glance at a few of these important deals. Reliance Mutual Fund Reliance Mutual Fund bought 20,00,000 shares …
The telecommunications sector in India has consistently proven to be one of the most dynamic and influential industries in the country’s market landscape. As of January 2023, India proudly holds the distinction of being the world’s second-largest telecommunications market, boasting a substantial subscriber base of 1,170.75 million. This remarkable growth reflects a robust expansion over …
In the ever-evolving landscape of global innovation, India stands tall, securing its 40th rank out of 132 economies in the prestigious Global Innovation Index (GII) 2023. The World Intellectual Property Organization (WIPO) has once again recognized India’s steadfast commitment to innovation. This significant achievement reflects India’s relentless climb from the 81st position in 2015 to …
ICICI Lombard General Insurance Co. Ltd stands as a prominent and well-established private sector general insurance company in India. It offers a wide array of insurance products and risk management solutions through various distribution channels. Recently, the company received a Show Cause Cum Demand Notice from the Directorate General of GST Intelligence, Pune Zonal Unit, …
Power Grid Corporation of India, India’s largest electric power transmission company and a Maharatna Central Public Sector Enterprise (CPSU) has made a significant announcement regarding an acquisition made by the company. As per details in the report, Power Grid Corporation of India Limited, following its selection as the winning bidder through Tariff-based competitive bidding, completed …
Karnataka Bank, a prominent and leading Indian bank engaged in providing a wide range of banking and financial services, has made a significant announcement regarding a new initiative undertaken by the bank. As per detail in the report, Karnataka Bank is set to introduce an innovative “Door-Step Gold Loan” service called “KBL-Swarna Bandhu” for its …
After exploring space, India is set to launch a self-propelled manned submersible on its maiden ocean expedition to explore its depths and vast resources. Within this venture, a submarine will transport three individuals to a depth of 6,000 metres in a submersible vehicle. “Samudrayaan” is a groundbreaking mission that represents India’s inaugural manned exploration of …
Every year on September 27, World Tourism Day is celebrated to promote global tourism. This occasion was established by the UN World Tourism Organization (UNWTO) to celebrate the tourism sector’s ability to foster cultural connections. On this day, countries and organizations encourage people to travel and explore different places, cultures, history, and exciting adventures. It’s …
