Editorial Uncategorized Jet Airways. Jet, Set, Gone? Or can it Succeed? Jet Airways is back in the news, this time with some positivity. A group of investors, Murari Lal Jalan (stay tuned for his bio), and UK-based financial services company Kalrock Capital have won the bid to buy Jet Airways in a vote by the CoC or Consortium of Creditors. The CoC consists of all the […] Written by Maarg Vaidya October 22, 2020October 22, 2020
Editorial Equitas SFB IPO. All You Need To Know Equitas Small Finance Bank has launched its IPO The period for subscription began on 20th October and shall end on 22nd October 2020. The scrip will be listed on 2nd November 2020. The current offer for sale is of 7.2 crore equity shares amounting to Rs 237.60 crores and a fresh issue of equity shares […] Written by Maarg Vaidya October 22, 2020October 22, 2020
Jargons What is Arbitrage Trading? What are Arbitrage Funds? Arbitrage trading is the practice of buying shares of a company in one market and selling it in another market for a profit. This is made possible because the price differences in different markets are not completely correlated and always a minute difference between them. For example: If TCS trades at Rs. 1800.00 on BSE, […] Written by Maarg Vaidya October 14, 2020October 14, 2020
Editorial Harshad Mehta: Life and Time of the Big Bull Harshad Mehta, the Big Bull, the man who changed the face of the Indian share market, is also known for committing one of the largest financial scams in Indian History exposed by Journalist Sucheta Dalal in her Times of India article. The amount of the scam was close to Rs 4,500 crores. Mehta was born […] Written by Maarg Vaidya October 13, 2020October 13, 2020
Editorial Mayhem at Lakshmi Vilas Bank Lakshmi Vilas Bank (LVB) has been in headlines lately. The shareholders in the Annual General Meeting ousted 7 of their senior management including CEO and MD S. Sundar. The shareholder even voted against the re-appointment of its statutory auditors. Yes, even the auditors! Previously, Lakshmi Vilas Bank had been facing a series of resignations from […] Written by Maarg Vaidya October 12, 2020October 12, 2020
Editorial Mistrys Cut Business Vows with the Tatas After 70 Years of Legacy A few days back, Shapoorji Pallonji Group decided to sell off its 18.4% stake in Tata Sons. The Shapoorji Pallonji Group(SP Group) is headed by Pallonji Mistry and his son, ex-Tata Chairman Cyrus Mistry. The Mistrys and Tatas have been associated with each other for the past 70 years. Their relationship has turned sour in […] Written by Maarg Vaidya October 10, 2020October 10, 2020
Jargons What is a Buy Back of Shares? Why Does a Company Buy Back its Shares? A stock buyback refers to the situation when a company decides to buy back its own shares from its shareholders at fair market value. In a stock buyback, a company reabsorbs a part of its ownership and rights and reduced total number of shares in the market. A company can decide to buy back its […] Written by Maarg Vaidya October 10, 2020October 16, 2020
Top 10 News India’s current account surplus rises to $19.8 bn – Top Market News India’s current account surplus rises to $19.8 bn India’s current account surplus rose to 1.46 Lakh Crores in the Quarter ending June, said RBI in a release today. The current account surplus in the quarter ending March was close to 4,000 crores. In economics, a country’s current account records the value of exports and imports […] Written by Maarg Vaidya September 30, 2020September 30, 2020
Top 10 News India looking to store oil overseas in the USA – top 10 Market News India looking to store oil overseas in USA Oil Minister Dharmendra Pradhan in a conference on ‘Energy Security Towards Atma Nirbhar Bharat’ said that India is now importing oil from 30 different countries. He also said that India is now looking for overseas storage facilities in the USA and other commercially viable countries in order […] Written by Maarg Vaidya September 29, 2020September 29, 2020
Market News Top 10 News RBI postpones Monetary Policy Committee Meeting – Top 10 Market News RBI postpones Monetary Policy Committee(MPC) meeting. The Reserve Bank of India(RBI) has postponed the meeting of its MPC or Monetary Policy Committee. The meeting was to take place from 29th September to 1st October. The new dates will be announced shortly. The meeting is going to be about the new policy rate, whether it should […] Written by Maarg Vaidya September 28, 2020September 28, 2020
Editorial The Real Reason behind Nifty Crash. Why is Media hiding the FinCEN leaks? You must have heard about the FinCEN leaks through marketfeed. Not many news outlets have given clear information about this major scandal, here is what we found. FinCEN Leaks are a set of documents and data that have been collated by ICIJ or International Consortium of Investigative Journalists. These documents have flagged a number of […] Written by Maarg Vaidya September 21, 2020September 22, 2020
Editorial Uncategorized Reliance Retail is Warming Up for a Sprint India’s retail market is estimated at Rs 60 Lakh Crores in FY 2019-20 and is expected to grow at a CAGR of 10% over the next 5 years to reach Rs 90 Lakh Crores billion by FY 2024-25. It accounts for around 10% of the country’s GDP. Only around 8-10% of the retail market is […] Written by Maarg Vaidya September 17, 2020October 5, 2020
Tier-2 Lockdown Declared in London. Is it as Serious as it Sounds? Why the Lockdown? The number of coronavirus cases in the United Kingdom is showing a huge spike. As of October 15th, the country has recorded more than 6,57,000 cases of Covid-19, with 43,245 related deaths, as per official data compiled by John Hopkins University. The infection rates are increasing, with the number of cases doubling […] Written by Cherian Varghese October 19, 2020October 19, 2020
The infamously famous Satyam Scam – The Whole Story Immediate rise after the Birth Satyam Computer Services Limited was one of the biggest IT companies in India during the 2000s. It was started by Ramalinga Raju in 1987. Satyam used to offer various products and services related to software development, business intelligence and data warehousing, consulting and enterprise solutions. Rapidly, the organisation moved from […] Written by Sanidhya Bhardwaj October 17, 2020October 17, 2020
TCS: Tata Group’s Cash Cow TCS has become one of the top IT companies in the world. Even though we have heard of the company, most of us are not really aware of the services that they provide, or the scale at which they operate. It is important to know certain relevant details and facts of a company, before investing […] Written by Cherian Varghese October 16, 2020October 16, 2020
