DOMS plans to file for $300 million IPO in June: sources

Doms Industries, an Indian stationery company majority-owned by Fabbrica Italiana Lapis ed Affini, is reportedly gearing up to file for an initial public offering (IPO) in Mumbai as early as June. According to sources familiar with the matter, the offering could fetch between $200 million to $300 million.

The Rise of India’s Start-Up Culture: Stories of Success and Innovation

The Rise of India's Start-

The Rise of India’s Start-Up Culture: India’s start-up culture has seen a remarkable rise in recent years, with the country emerging as one of the world’s top start-up ecosystems. The Indian start-up scene has witnessed tremendous growth and innovation

Strong Showing from Financials Leads to Benchmarks Rise

On Monday, the Indian stock market witnessed a strong performance, with the 30-share Sensex closing above the 60,000-mark. The benchmark index was up 401.04 points (0.67%), closing at 60,056.10, while the Nifty50 closed at 17,743.40, up 119.35 points. The financial sector led the market rally, with strong buying in financial stocks pushing the benchmark indices … Read more

Maximizing Your Profits: Trading Strategies for RIL Shares After Strong Q4 Results

Following Reliance Industries (RIL) impressive earnings report for the quarter ending March 31, 2023, which surpassed market expectations, several leading brokerages maintained their optimistic outlook on the company’s stock. JP Morgan retained an “Overweight” rating, while Jefferies recommended a “Buy” rating. Domestic brokerages Motilal Oswal, Prabhudas Lilladher, and Sharekhan also expressed confidence in RIL, all … Read more

Can we invest in startups in India?A Guide for Retail Investors

India’s startup ecosystem has seen tremendous growth in recent years, with a rising number of innovative startups and a supportive government policy environment. This presents an exciting opportunity for retail investors to invest in the country’s startup scene and potentially earn high returns. However, investing in startups can be risky, and there are several factors … Read more