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: 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
Mankind Pharma is a well-known pharmaceutical and healthcare products company that is based in New Delhi, India. The company was established in 1991, and since then, it has been consistently delivering high-quality, cost-effective, and innovative medical solutions to meet the ever-growing healthcare needs of the Indian population. Mankind Pharma has a diversified portfolio of products … Read more
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
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
The Reserve Bank of India (RBI), the nation’s central bank, recently unveiled the “Retail Direct Scheme,” a brand-new digital payment mechanism. With the help of this new programme, clients will be able to make digital payments directly to the RBI without the aid of middlemen like commercial banks. The RBI’s continuing initiatives to support digital … Read more
In India, microfinance has become a potent instrument for reducing poverty and promoting financial inclusion. Millions of low-income people and small companies in India have received microloans and other financial services from microfinance organizations (MFIs) during the past several decades. To overcome these obstacles and prepare the path for the future of microfinance in India, … Read more
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