Creating an influencer persona Wadhwa began her journey when Facebook was booming, and Instagram was still just a photo-sharing app. It was during this time she created her online persona, Miss Coco Queen, inspired by her love for Coco Chanel and Alexander McQueen. “Back then, I used to operate through blogs and Facebook posts, but … Read more
Ventive Hospitality, a company specializing in luxury assets within both business and leisure segments, has submitted its draft red herring prospectus to the market regulator SEBI, seeking to raise funds through an IPO. The company’s IPO includes a fresh equity issuance of up to ₹2,000 crore, with a face value of ₹1. Ventive Hospitality is … Read more
If you run short of cash and plan to withdraw your mutual fund investments, take a pause. There is another option: You can take a loan against mutual funds and not disrupt the long-term potential compounding of your investment. Several banks offer loans against mutual fund units at interest rates ranging from 10-15% per annum. … Read more
PN Gadgil Jewellers IPO: On day one of bidding, the initial public offering (IPO) of PN Gadgil Jewellers Limited received a strong response from Indian primary market investors. According to the PN Gadgil Jewellers IPO subscription status, the public issue has been booked more than the shares the jewellery brand offers. PN Gadgil Jewellers IPO … Read more
The Indian government confirmed the first case of Mpox on Monday, raising alarms over the transmission of the virus in the country. The development coincides with the prevalence of other infectious and vector-borne diseases like malaria, dengue, chikungunya, etc, raising concerns about rising medical costs. The World Health Organisation (WHO) declared the clade 1 variant … Read more
Breakout stocks to buy or sell: Following a partial recovery in the global markets, the Indian stock market snapped a three-day losing streak on Monday. The Nifty 50 index went up 84 points and closed at the 24,936 mark, the BSE Sensex surged 375 points and closed at 81,559, whereas the Bank Nifty index finished … Read more
First, a consultation paper published by the Securities and Exchange Board of India (Sebi) said in 2023-24, on average, 85 out of every 100 individuals trading in index derivatives, lost money. Once the cost of trading was taken into account, 90 out of 100 lost money. Second, the paper pointed out that on average a … Read more
Shree Tirupati Balajee Agro Trading Company Limited’s initial public offering (IPO), through a book-building process, opened for subscription on Thursday, September 5, and ended on Monday, September 9. The public offer was oversubscribed 68.98 times on the final day. Investors bid for 98.70 crore shares compared to the 1.43 crore shares available. The IPO shares … Read more
Behind the allure of a lump-sum insurance payout lies a harsh reality: many families struggle to manage it wisely, often exhausting it too quickly. Aditya Birla Sun Life Insurance (ABSLI) and Policybazaar are aiming to change that with their new ABSLI Income Suraksha Plan, which offers a steady monthly income for beneficiaries instead of a … Read more
Indian stock market: On Monday, September 9, the Indian stock market benchmarks, the Sensex and the Nifty 50, posted solid gains. The Sensex closed at 81,560, marking an increase of 376 points or 0.46 percent, while the Nifty 50 ended the day at 24,936.40, up 84 points or 0.34 percent. “Nifty Index opened flattish and … Read more