Quick commerce company Zepto says it is on a clear path to becoming a full Indian-owned entity and hitting PAT positive milestone, as co-founder and CEO Aadit Palicha exudes optimism about a possible IPO in 2025. In an interview with PTI, Palicha strongly countered allegations about the quick commerce model disrupting and stunting the growth…
The NSE Nifty 50 and BSE Sensex ended on a muted note on Tuesday after declining for two sessions. Reliance Industries Ltd. and Bharti Airtel Ltd. share prices dragged. The Nifty 50 declined as much as 0.44% to 24,510.65, and the Sensex declined 0.40% to 81,182.69. Bharti Airtel share price declined 2.51% to Rs 1,570.05…
The shares of Mishtann Foods have gone down by nearly 10% to day’s low of Rs 8.95 on BSE after Sebi barred five entities, including the company, its promoter and CMD Hiteshkumar Gaurishankar Patel from the securities market till further orders for alleged financial mismanagement, fraudulent transactions, and corporate governance lapses. Sebi said Mishtann Foods…
Syria: Liberation or perdition? Unless extraordinary effort is made into transition of power, power-sharing, handling of various interest groups within and outside, and dealing with jihadist elements firmly, the possibility of Syria descending into an unchartered territory of chaos is very real– and very troublesome for the region Source link
The Supreme Court today (December 9) imposed a cost of Rs. 50,000 on the Food Corporation of India (FCI) and Divisional Manager each, while dismissing its special leave petition. It also orally remarked that the filing of SLP should not have been advised. The SLP came before a bench of Justices Bela M. Trivedi and…
Mumbai-based Kiran More, a sales professional working for a tech company, went through a similar experience this year, dealing with inferior parts, incorrect installation and delayed timelines. Vashishta and More are not alone. There is no dearth of complaints and reportage on the internet around the abysmal experiences Livspace’s customers have had to endure. Seated…
Running into the Swiggy IPO, a key point of debate was the difference in growth rate with its close peer Zomato. For example, in Q1 FY25, Zomato’s year-on-year (y-o-y) revenue growth rate at 62 per cent was much stronger than Swiggy’s 34 per cent. The difference was also notable when one considers the booming quick…
Indian stock market: The domestic equity benchmark indices, Sensex and Nifty 50, are expected to open lower on Monday following weak global cues. Asian markets traded mostly lower, while the US stock market ended mixed last week, with the Nasdaq and the S&P 500 hitting record closing highs. Global geopolitical tensions escalated as political tumult…
Multibagger stock: Praveg shares are one of the multibagger stocks the Indian stock market has produced in recent years. In the last five years, Praveg’s share price has risen from ₹4.34 per apiece to ₹730 per share, delivering a whopping 15,700 per cent returns to its positional shareholders. So, if an investor had invested ₹1…
Small-cap stocks to buy under ₹100: Following the profit-booking trigger on Wall Street at record higher levels, the Indian stock market ended lower on Friday. The Nifty 50 index went off 30 points and closed at the 24,677 mark; the BSE Sensex shed 117 points and finished at 81,648, whereas the Nifty Bank index ended…
