Posts Tagged: business news india

Big Shots

When is ICICI Securities Delisting & Why?

ICICI Bank is in the process of delisting its subsidiary, ICICI Securities, from the stock exchanges. This means the shares of the securities broking and merchant banking subsidiary of ICICI Bank will no longer be publicly traded.

Brand Games

India’s Largest Media Entity: A Good Buy Time?

Reliance Industries Ltd. is popular for dominating multiple sectors at once. Now, the conglomerate is going to expand its entertainment section even further by creating a central entertainment entity, covering nearly 50% of the Indian streaming market share.

Finance

Is India Dominating Lithium-ion Battery Manufacturing?

From the automotive industry, including Electric Vehicles (EVs), to renewable energy storage, consumer electronics, and grid management, all these sectors are likely to benefit from the growth of one industry- the lithium-ion battery. In India, the lithium-ion battery industry is expected to grow a lot in the next five years, and by 2030, there could be a significant recycling market for these batteries. Now, pivoting to a different aspect, are you familiar with ACC? Not the cement, but ACC batteries. Let me provide some information.

Macro Moves

How will Budget 2024 Affect your Finances?

The countdown for the announcement of the Union Budget for 2024-25 has begun. 1 February 2024 will be the day when Finance Minister Nirmala Sitharaman will unveil India's next financial chapter.

Macro Moves

Israel-Hamas Conflict and Its Impact on India

Early on Saturday, October 7th, something shocking happened in the Middle East. Hamas, a group in Gaza supported by Iran, launched a sudden and unexpected attack on Israel. They used rockets, paragliders, boats, and even motorcycles to sneak in Israel. Their goal is to hurt, scare, and even kill Israelis.

News Platter

How Tense are India & Canada’s Financial Relations? Truth Behind Myths

India hosted the G20 Summit for 2023 in New Delhi, giving the world a chance to witness our nation's might. Over 20 countries attended the event, including Canada, the nation with which India is on a silent disapproval war. Where diplomats and key personalities from different countries posed for an optimistic partnership with India, Canada looked a bit uncomfortable.

News Platter

Is Akasa Air Having Trouble Safe Landing?

We always receive advice to follow in our forefathers’ footsteps. A newly formed aviation company, Akasa Air, seems to be doing just that by following in the footsteps of its predecessors, Kingfisher Airlines, Deccan Aviation, and Jet Airways. All these airlines went off fast in the success lane, and then one big resistance led to their ultimate demise.

Macro Moves

Global Fintech Fest 2023: Who Steals the Show?

The finance sector has seen a lot of fluctuations this September. Surprisingly, most of the fluctuations have been positive for the nation. With the G20 Summit being hosted by India and Nifty reaching a record-breaking high of 20,000, the finance sector is booming. Another big event pivotal in the finance sector was the 4th edition of the Global Fintech Fest 2023 (GFF23).

News Platter

Is Bad Blood with Ashneer Grover Destroying BharatPe?

Entering a competitive market filled with big players is a decision that could either work in favour of or destroy a company. When BharatPe, a digital payments company, decided to enter the fintech sector in 2018, it was one-on-one against big names like Paytm, GooglePay, PhonePe, etc. Despite all odds, they achieved prominent milestones like reaching a valuation of $2.85 billion and raising funds up to $680 million in just 4 years.

Juicy Scams

The Infamous Scams of India's Biggest Scamsters

India is known for its spices, spirituality, and, yes, some truly mind-boggling scams! There is a section of our lengthy history that is entirely about people who are pros at making money disappear quicker than a magician can say, "Abracadabra!"

News Platter

Adani Group in Hot Water over OCCRP Report

The year 2023 is not a good year for the Adani Group. With January bringing a stinging report on accounting fraud, stock manipulation, and whatnot, the group had it tough anyway. Then, as it tried to slowly breathe life back into its crumbling castle by initiating new projects, on August 31st, a strong wave of allegations brought the Adani Group on the verge of being blown away (AGAIN!). First, it was the Hindenburg Research Report, and now it's a new report by OCCRP!

News Platter

AI in UPI Payments: Is Your Money in Danger?

So, to give a humongous boost to the Digital India scheme, the Reserve Bank of India has proposed to bring forth conversational payments in UPI. This means that for certain payments in your day-to-day life, say, an electricity bill or a yummy burger, all you would need is to give the command to the UPI app and Voila! Your payment is made. Doesn't that sound amazing?

News Platter

What is happening with Paytm?

Paytm made headlines with the news, “Vijay Shekhar Sharma is going to acquire an additional 10.3% stake in Paytm from Antfin (Netherlands) Holdings B.V. through an off market transfer in a no cash deal”.

Juicy Scams

Why is Hero MotoCorp's Pawan Munjal in a pothole?

In recent news, the Enforcement Directorate (ED) carried out extensive searches at the residence and other premises of Hero MotoCorp's Executive Chairman, Pawan Munjal. The searches were conducted under the rules of the Prevention of Money Laundering Act (PMLA).

News Platter

Why are Investors Abandoning Flipkart?

India's well-known e-commerce platform Flipkart has attracted people's attention again, and this time it's not because of their famous Big Billion Days sale. Walmart-backed Flipkart is in the eyes of investors as its major shareholders Tiger Global and Binny Bansal, along with American venture capital firm Accel have made their exits from the group with heavy pockets.

Brand Games

Is Zee-Sony Merger On or Off?

Zee Group has always been talented in making alliances with the top players in the field. In 1992, they entered the entertainment world by joining hands with the Star TV group. With this collaboration, the Zee group received a transponder from satellite network AsiaSat on a lease which helped them enjoy a market share of 64% in the satellite sector by 1994.

Brand Games

ZestMoney’s Dilemma: The Inside Story

ZestMoney, a digital lending platform that planned to make life affordable for 300+ households in India, is now in a dilemma. From Walmart-backed PhonePe pulling its hand out of the acquisition deal to co-founders resigning, ZestMoney is making headlines constantly. The once-leading company in the EMI-based lending sector, why is ZestMoney on the negative side of the market?

News Platter

Free-Press; More like Caged-Press!

“The media, like anything else, can be bought. Everything, it seems, has its price. Even the free press.”

Posts Tagged: business news india

When is ICICI Securities Delisting & Why?

India’s Largest Media Entity: A Good Buy Time?

Is India Dominating Lithium-ion Battery Manufacturing?

How will Budget 2024 Affect your Finances?

Israel-Hamas Conflict and Its Impact on India

How Tense are India & Canada’s Financial Relations? Truth Behind Myths

Is Akasa Air Having Trouble Safe Landing?

Global Fintech Fest 2023: Who Steals the Show?

Is Bad Blood with Ashneer Grover Destroying BharatPe?

The Infamous Scams of India's Biggest Scamsters

Adani Group in Hot Water over OCCRP Report

AI in UPI Payments: Is Your Money in Danger?

What is happening with Paytm?

Why is Hero MotoCorp's Pawan Munjal in a pothole?

Why are Investors Abandoning Flipkart?

Is Zee-Sony Merger On or Off?

ZestMoney’s Dilemma: The Inside Story

Free-Press; More like Caged-Press!

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