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August 21st, 2018 It has come to a shock that BSE and NSE, the leading stock exchanges are going to suspend trading in shares of nine companies. Among these companies, banking fraud accused Mehul Choksi's Gitanjali Gems is also included. The trading of Gitanjali will be suspended from 10 September 2018 for not following the listing norms related to the...
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August 20th, 2018 Foreign Direct Investment which means the investment that is made by a person or a firm in any business interest situated in another country seems to be showing a new record in the financial year 2018. However, according to a report, over the last fifteen years, the FDI flows into the country show that they do not have much to do with...
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August 15th, 2018 India’s pharmaceutical giant Cipla’s Ugandan unit is reportedly aiming to raise $45 million from initial public offering (IPO). The company priced its IPO at 256.5 shillings per share. This amount is expected to be raised from its listing on the Kampala stock exchange next month. Cipla Quality Chemical Industries is majority owned...
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August 14th, 2018 A Chinese electric car maker Nio has announced its filing to go public on the New York Stock Exchange. The company through this initial public offering (IPO) is looking to raise $1.8 billion. With this, Nio has become the first Chinese automaker to seek a listing in the U.S. This news comes at a time when Elon Musk is looking forward...
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August 3rd, 2018 As per the latest report, World's second-biggest economy China lost its second position as the world's second-biggest stock market by Japan. The latest market figure shows the total Chinese stock market worth USD 6.09 trillion, compared with USD 6.17 trillion in Japan. The US stock market is leading in the world with the total...
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July 31st, 2018 In a recent news, Cryptocurrency Bitcoin fell below $8000, as investors stepped away from the risk exposure to cryptocurrencies, due to selloff in shares of technology and internet companies spilled over into other high risk assets Bitcoin is a cryptocurrency, a kind of electronic cash. It is a decentralized digital...
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July 27th, 2018 Mark Zuckerberg, the founder and CEO of the most popular social networking platform Facebook lost $15.1 billion in just 5 minutes! For most of the world’s richest people, losing $15.1 billion in five minutes would be a wipeout. However, for Mark Zuckerberg, it’s just about a sixth of his net worth. The Facebook CEO lost a...
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July 25th, 2018 SaleBhai’s IPO has been a trending news from the past few days. And with a confirmation, it has been reportedly announced that the early-stage B2C e-commerce startup is now all set to make an initial public offer (IPO) on the 27th July 2018. As stated earlier in one of our articles, Salebhai is the first startup to raise funds...
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July 25th, 2018 One of the top investor Rakesh Jhunjhunwala's co-founded firm, Alchemy Capital Management, has recently invested Rs 80-90 crore in CX Partners-backed casual dining restaurant chain Barbeque Nation Hospitality Ltd before the IPO placement. “Alchemy Capital has picked up a minority stake in Barbeque Nation through Alchemy India Fund for...
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July 23rd, 2018 Mutual funds are a popular investment source for investors. For investors with limited knowledge, time or money, mutual funds can provide simplicity and other benefits with valuable returns.  An equity fund is a mutual fund that invests principally in stocks. It can be actively or passively managed. How do...
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July 23rd, 2018 Douyu, China’s game streaming company has plans to raise around $600-$700 million through a US initial public offering (IPO) by cashing in on the esports phenomenon that is firmly holding the attention of the Chinese population. The Chinese entertainment platform offers in-game live streaming, where viewers can watch players play...
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