Market News Top 10 News PharmEasy to Acquire 66% Stake in Thyrocare – Top Indian Market News PharmEasy to acquire 66% stake in Thyrocare for Rs 4,546 crore PharmEasy, an Indian healthcare startup, will acquire a 66.1% stake in diagnostics solutions provider Thyrocare Technologies Ltd for Rs 4,546 crore. API Holdings Ltd, the parent company of PharmEasy, has signed definitive agreements to acquire a 66.1% stake at Rs 1,300 per share from […] Written by Cherian Varghese June 25, 2021June 25, 2021
Market News Top 10 News Reliance Jio Launches ‘JioBusiness’ to Digitally Transform MSMEs – Top Indian Market News Reliance Jio launches ‘JioBusiness’ to digitally transform MSMEs Reliance Jio has launched an integrated technology solution- JioBusiness to transform around 5 crore micro, small, and medium enterprises (MSMEs) in India. The company will provide enterprise-grade fiber connectivity that offers voice and data services. It will also provide digital solutions that help enterprises manage and grow […] Written by Cherian Varghese March 9, 2021March 9, 2021
Market News Top 10 News Mrs Bectors Food IPO Subscribed 199 Times on Final Day of Bidding – Top Indian Market News Mrs Bectors Food IPO subscribed 199 times on final day of bidding Mrs Bectors Food Specialities’ initial public offering (IPO) was subscribed 199.41 times on the final day of subscription. It has become the most successful IPO in 2020. As per NSE data, the IPO received bids for 262 crore shares, as against 1.32 crore […] Written by Cherian Varghese December 17, 2020December 17, 2020
The Fed Minutes: Explained Minutes of the US Federal Reserve’s December policy meeting were released last week. It outlines the central bank’s plans to speed up measures to keep inflation in check. The US markets fell heavily following the developments as investors are concerned about the aggressive stance of the Fed. The Indian markets declined by up to ~1.5% […] Written by Cherian Varghese January 10, 2022January 10, 2022
With Omicron and Lockdowns, is PVR in Trouble Again? Cinemas have managed to stay afloat despite not being functional for a reasonable amount of time. As some of the movie theatres resumed operations from July 31, 2021, a rush of movies, coupled with a keen audience, managed to add to revenue for cinemas. PVR is the largest company by market capitalisation that operates cinemas […] Written by Maarg Vaidya January 7, 2022January 7, 2022
Why are FMCG Distributors on Strike? FMCG distributors in Maharashtra have called for a boycott of Hindustan Unilever Ltd’s products. They have also warned Colgate Palmolive India Ltd of taking strict action after the company failed to respond to their concerns. If the demands proposed by traditional FMCG distributors are not addressed, it could get difficult to buy essential products at […] Written by Cherian Varghese January 4, 2022January 4, 2022
