Posts Tagged: business

Juicy Scams

The Rajagopal Scandal: The Dark Side of Saravanaa Bhavan

Picture this: The incredible journey of a small-town boy who built an empire only to plunge into infamy due to a shocking murder case.

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.

Stock Market

Why Is Vedanta Ltd. So Generous with Dividends? A Closer Look at the Company

Imagine a company with a huge market value of ₹83,804.25 crore, a healthy profit of ₹14,449 crore, and, above all, a hefty debt of ₹79,883 crore. Yep! It exists. What's more interesting is that they've declared dividend worth ₹37,730 crore! Now, who wouldn't want to know more about this company?

Juicy Scams

UK Royalty's Phone Hacking: Courtesy of Media Mogul Rupert Murdoch

A shining 70-year career in the media world, filled with multiple acquisitions, several founded outlets, allegations, and ooh… scandals. Many, many scandals! Well, you can never use the word too many times when it comes to the 92-year-old Rupert Murdoch. Let's call him RM.

Big Shots

Navigating Success: Inspiring Stories of Leading Indian Brands

Remember those thick history books we used to read at school that were filled with stories of kingdoms rising and falling? How those stories used to amaze us whenever a brave king/queen crossed borders to claim their thrones! 😃

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

Decoding Zepto: India's First Unicorn in 2023

The black clouds of uncertainty in the Indian startup industry seem to be clearing out a bit. With the promotion of Zepto from Soonicorn status to Unicorn, India finally saw its first entry in the $1 billion group for 2023. Mumbai-based quick commerce platform Zepto raised funding of $200 million. This funding increased the startup’s valuation to $1.4 billion, granting them the VIP Pass to the Unicorn Club.

Finance

The Asset-Light Business Model explored

Zomato does not own a single restaurant but has seen a significant rise in its revenue from operations from ₹371.03 crore in FY 2018 to ₹4,707.04 crore in FY 2023. Zomato's revenue during the pandemic had doubled, but it is also necessary to note that their losses widened, too.

Brand Games

Is Reliance Group's Azorte Store the next H&M or Zara?

According to a recent report, the fashion market in India is all set to experience significant growth at a compounded annual growth rate (CAGR) of 11-12%. By the year 2025, it can reach an estimated market share of $115-125 billion, which is close to ₹10,25,000 crore, more than Mukesh Ambani's net worth.

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.

Stock Market

ITC Demerger: Everything you need to know

The long-awaited breakup that the industry has been anticipating is now on the verge of occurring. ITC, the diversified conglomerate, has finally made the big move - announcing the demerger of its hotel business segments.

The Rajagopal Scandal: The Dark Side of Saravanaa Bhavan

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

Why Is Vedanta Ltd. So Generous with Dividends? A Closer Look at the Company

UK Royalty's Phone Hacking: Courtesy of Media Mogul Rupert Murdoch

Navigating Success: Inspiring Stories of Leading Indian Brands

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

Decoding Zepto: India's First Unicorn in 2023

The Asset-Light Business Model explored

Is Reliance Group's Azorte Store the next H&M or Zara?

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?

ITC Demerger: Everything you need to know

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