Infosys conduct independent investigation on whistleblower allegations: Nandan Nilekani
The whistleblower complaint by a group that alleged CEO Salil Parekh and CFO Nilanjan Roy were indulging in unethical practices.
The whistleblower complaint by a group that alleged CEO Salil Parekh and CFO Nilanjan Roy were indulging in unethical practices.
Tesla shares tumbled 10 percent to $238.39 after reported a bigger loss of $408 million in Q2.
Shares of InterGlobe Aviation fell over 3 percent amid a tussle between the founders Rakesh Gangwal and Rahul Bhatia.
Savart Investment analysis firm
As many as 21 companies went public this year and shares of more than half of all these companies are trading below their issue price. The main reason behind this has been the market volatility, aggressive pricing and sometimes stock and sector-specific issues. Out of 21 initial public offers (IPOs) in 2018, shares of 11 companies […]
Online marketplace IndiaMART InterMESH Ltd have received markets regulator Sebi’s go-ahead to float initial share sale offers. With this, the number of companies getting Sebi’s approval to float an initial public offer (IPO) has reached 50 this year so far. Indiamart which had filed draft their respective draft offer documents with Sebi in June, obtained […]
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 a consideration of around ₹80-90 crore. […]
Disclaimer – The information in the article about the deal of NDTV and Reliance has been derived from various sources and we have tried our best to collect all the facts and come up with a clearer view of the case. The readers can go through the story and analyze the whole deal according to […]
What is the stock exchange? In simple words, stock exchange refers to an organized market in which securities are bought and sold. If we go into the detailed description, the prices at which these securities are bought and sold are regulated by the forces of demand and supply. The stock exchange basically is an investment […]
This week was quite eventful in terms of business and startup activities. Many companies came up with a number of business strategies and plans. The most trending topic that buzzed the readers this week was about the Reliance Industries, that became India’s largest tax-paying private company. Apart from this, there were many other news as […]
Indian e-commerce company ‘IndiaMart’ has confirmed that it is going to issue an initial public offering (IPO) very soon. The company had filed its draft papers recently to SEBI (Securities and Exchange Board of India). The online company will start the process of IPO in the next financial year. It is a Noida-based company and […]
Mumbai based stock exchange BSE planning to delist as many as 222 companies from tomorrow. The trading of these shares has remained suspended for next six months. The reason behind this move is clamping down on shell companies listed as well as unlisted for being allegedly used as conduits for illicit fund flows. In August […]