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Radhakishan Damani's investment in National Stock Exchange is proving highly profitable. As NSE prepares for its IPO, Damani's stake is valued at approximately Rs 9,300 crore. This makes NSE his second-largest holding after Avenue Supermarts. The IPO is expected to significantly boost Damani's net worth. NSE received SEBI approval for its DRHP.
India's IPO market is regaining momentum, fueled by HDB Financial Services' successful debut and easing geopolitical tensions. Startups like Meesho are leading the charge, with several others, including Pine Labs and Lenskart, preparing ...more
Gen Z's preference for convenient formats like gummies and effervescent powders, coupled with rising health awareness, is driving substantial growth in India's consumer healthcare market. Companies like Haleon India, Dabur, and Rasna ar ...more
The numbers reveal the gap. The speed of growth makes it more dramatic.
The resolution to launch an IPO was passed in the Extraordinary General Meeting on June 25. The company shared its plans to raise at least ₹4,250 crore in the initial public offering.
According to ICRA, the company had taken a term loan of around 22.50 billion rupees ($263.14 million) from HDFC Bank in March 2022.
Moody's Ratings suggests India could benefit from shifting trade dynamics as the US imposes tariffs on other Asia-Pacific nations. Unlike Vietnam and Cambodia, India may face lower tariffs, attracting investment and strengthening its po ...more
Indeed's PayMap survey reveals that IT and ITeS sectors lead in salary growth, driven by demand for digital and AI skills. While product and project management roles offer the highest pay, UI/UX designers are catching up. Tier-2 cities ...more
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