Ritesh Agarwal, the founder of OYO, provided his staff with the following financial information last month: In the fiscal year that concluded on March 31, 2023, operating revenues increased by…
The mobile wallet and digital payments company, Mobikwik, recently released its Q2FY24 earnings report, showcasing a strong and robust performance for the quarter. The report revealed impressive growth in user…
One shouldn't wonder why an Indian corporation would prefer to manufacture elsewhere. Unless it's a company that manufactures solar modules. Solar manufacturing is one of the top five industries with…
MobiKwik, a digital banking platform, presented financial results (unaudited) for the second quarter of the current fiscal year (FY24) on Thursday. Revenues increased by 52% compared to the same quarter…
As it prepares for its IPO, Ixigo has made history by surpassing INR 10,000 crore GTV with more than 50 million bookings. Getting on a Startup One-Way Ticket Aloke Bajpai…
The fintech company will be able to provide loans and collect more deposits with a permission to operate as a small finance bank, but the transfer will require addressing its…
Key Notes According to two sources briefed on the situation, the parent company of PharmEasy, API Holdings, increased the size of its rights issuance from Rs 2,000-2,400 crore ($250-290 million)…
A Comprehensive Analysis of FY23 Financial Performance for NSE Unlisted Shares One of India's top stock exchanges, the National Stock Exchange (NSE), displayed a spectacular financial success in FY23. NSE unlisted shares are trading at around Rs.3300/sh (on 17th Aug'23) in unlisted market. This article will examine the NSE's financials in depth, highlighting the crucial elements that have contributed to its expansion and contrasting its valuation with that of the Bombay Stock Exchange (BSE). Growth in Revenue: An Increase in FnO Volumes NSE reported revenue of 12765 Cr in FY23, up significantly from 8873 Cr in FY22. The significant expansion in Futures and Options (FnO) volumes has been the main factor in this revenue gain. The surge in FnO volumes indicates a growing interest among…
The mattress industry major is attempting to diversify into furniture retail and establish an online presence by choosing to spend Rs. 300 crore in the furniture rental company. Will the…
The first public offering of Utkarsh Small Finance Bank Ltd. It's promoter Utkarsh coreInvest share is available in the unlisted space The private lender intends to offer new equity shares…