In a strategic move that promises to reshape the aviation landscape between India and Singapore, the Competition and Consumer Commission of Singapore (CCCS) recently granted Conditional Approval for the merger of Vistara with Air India. This move follows the earlier approval by the Competition Commission of India (CCI), clearing the way for a dynamic partnership…
Zerodha Mutual Fund has taken a significant step by officially listing its Zerodha Gold ETF on the National Stock Exchange of India (NSE) and Bombay Stock Exchange (BSE). This move aims to provide investors with a seamless and cost-effective way to gain exposure to the domestic gold market. The Zerodha Gold ETF, classified as an…
In an unprecedented move, the Bombay Stock Exchange (BSE) and the National Stock Exchange (NSE) will conduct a live trading session on Saturday, March 2, to assess the resilience of their disaster recovery systems. The session, mandated by SEBI, comprises two phases – a 45-minute session from 9.15 am to 10.00 am and another from…
Barclays Research has released its latest report, “India’s Breakout Moment,” suggesting that with the right policy mix, India could boost its GDP growth rate to approximately 8%, potentially becoming the largest contributor to global growth by the end of the decade. The report emphasizes the crucial role of self-financed investment and macro stability in achieving…
In a groundbreaking move, Reliance Industries (RIL) has unveiled a strategic joint venture with the global entertainment giant Walt Disney, marking a significant shift in the dynamics of India’s media and entertainment sector. Here are the key insights of Reliance-Disney Merger 1. Valuation and Investment 2. Control Structure 3. Leadership Dynamics 4. Business Valuations 5….
Cryptocurrency exchange Kraken has unveiled its latest offering, Kraken Institutional, designed to cater to the needs of institutions, asset managers, hedge funds, and high net-worth individuals seeking exposure to the cryptocurrency market. The announcement, made on Tuesday (Feb. 27), positions Kraken Institutional as a centralized hub for accessing Kraken’s array of products and services tailored…
In a significant development in the financial markets, Mukka Proteins Ltd has opened its Initial Public Offering (IPO) for subscription today, Thursday, February 29, with the subscription period set to close on Monday, March 4. The company successfully garnered ₹67.20 crores from anchor investors on Wednesday, February 28, allocating 2,39,99,565 equity shares to them. Mukka…
Triveni Turbine Limited Share: Triveni Turbine Limited, a leading manufacturer of turbines and power generation equipment, has been making waves in the stock market with its phenomenal performance. Over the past three years, investors have seen remarkable returns of more than 350 percent, catapulting the company’s stock price from around Rs 100 to its current…
Tata Group is preparing to list its subsidiary, Tata Passenger Electric Mobility Ltd (TPEM), in an initial public offering (IPO) valued at $1–2 billion, with the goal of capitalizing on its investments in the electric vehicle (EV) industry. This action demonstrates the conglomerate’s dedication to profiting from the expanding EV market, per a BusinessLine report….
Reliance Industries and Walt Disney have officially agreed to combine their media businesses in India, according to people familiar with the situation who were cited in a Bloomberg report. The report stated that as Disney reevaluates its strategy in India amid fierce competition, Mukesh Ambani-led Reliance Industries is anticipated to own a 61% stake in…
