Mumbai-based Nexus Venture Partners-backed insurtech startup Turtlemint has built a network-led insurance distribution model focused largely on smaller towns, with around three-fourths of its business coming from beyond metros. Dhirendra Mahyavanshi, Chairperson, Managing Director and Chief Executive Officer of the…
Reliance Industries’ Chairman & Managing Director Mukesh Ambani went on to add that the proposed listing of Jio will demonstrate to the world that India can build technology companies of global scale, global capabilities and global value. “I assure you,…
Nomura said that evolving consumer preferences towards discovery-led and new-age brands are creating a favourable backdrop for Nykaa. The brokerage believes the company is well-positioned to capture a disproportionate share of premium lifestyle spending through its trusted platform, content ecosystem…
Hawkish Federal Reserve signals spur hedge funds to buy dollar call options, with trading surging versus the pound and euro, while dollar-yen bets stay more balanced amid Japan intervention fears
The project involves the construction and commissioning of an approximately 250km transmission network in Karnataka, comprising 400 kV double-circuit lines, 220 kV double-circuit lines and 220 kV underground cables.
Neeraj Seth, Founder and CIO of 3R Investment Management, expects financial stocks to benefit from credit growth and corporate capex, while global AI-driven flows may limit a strong return of foreign investors. Seth remains cautious on IT services in the…
If NSE is valued between ₹1,800 and ₹2,200 per share, several institutional investors could be sitting on substantial gains. Take a look at the value of their holdings and the cash they could realise through stake sales.
Moshe Katri of Wedbush Securities said valuations have fallen below the seven-to-eight-times EV/EBITDA range that investors previously viewed as the floor, making it difficult to call a bottom. He added that upcoming IPOs of Anthropic and OpenAI could help improve…
next week’s inflation print could prove too hot, especially after the Fed raised its core PCE forecast to 3.3% in 2026, up from 2.7% previously. According to 22V Research, core PCE will have to come in at a monthly rate…
Cult.fit is now looking to raise between ₹3,500 crore and ₹4,000 crore through the issue. The IPO is expected to be a mix of a fresh issue and an offer for sale (OFS) by early investors. The company will soon…