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Paytm is one of the most well-known brands in India, particularly in the post-demonetization period. In the years after demonetization, the payments platform has grown at a breakneck pace. And it's for this reason that the company's IPO, India's largest ever, had everyone's eyes fixed to the stock market. The IPO, however, made news not for the amount of money collected, but for the dramatic drop in share price during trading on the Bombay Stock Exchange (BSE) on November 18. The offer price was Rs 2,150, but the shares were trading at 1,614 rupees each by the afternoon. The stock even dropped below the lower circuit limit of 1,564 rupees. When a stock reaches this level, the BSE bans investor purchases to that level or above. What went wrong? In India's online payments business, Paytm is the big fish. SoftBank and Ant Group are among its supporters, as are other major corporations with huge wallets. In India, the third-largest economy in Asia and a major worldwide ...

The Synopsis In view of the rising number of Initial Public Offerings (IPOs) flooding the public markets, the Securities and Exchange Board of India (SEBI) has produced a consultation paper. In recent years, the markets have seen three major trends: large-cap IPOs, many technology company listings, and a rise in the number of offers for sale compared to new stocks issues. The SEBI is primarily concerned with concerns that arise as a result of these three tendencies. Companies will be required to provide more disclosures. When a business needs more funding, it will issue more stock shares to investors. Companies must describe how the cash will be used in this situation. Asset-light technology enterprises, on the other hand, do not need funding for typical capital expenditures such as the construction of factories, showrooms, or other traditional capital expenditures. Instead, these organisations put their money towards things like client acquisition, brand promotion, expanding into new ...

IRCTC is the only firm authorized by the Indian Railways to sell bottled water, manage catering services, and sell railway tickets online across all Indian railway stations and trains. As a result, it's considered a monopoly. A monopoly is one of the few things that investors like more than life itself. It's the chance to corner a market only via government decrees. Investors were ecstatic when the business chose to go public in October 2019 at Rs 320 a share. They couldn't believe how "cheap" it was in comparison to its potential. The stock also doubled in value on the day of its first public offering. By October 2021, the stock had risen to about Rs 6,000 per share. IRCTC was in high demand, and everyone wanted a piece of it. However, there was one issue: government intervention. It was the one item that had the potential to come back to bite minority stockholders. With that out of the way, let's get to the body of the event. IRCTC sent a notice on the 28t...

World hunger is a major issue. Let's say you have a youngster who is poor. Hunger may be an everyday occurrence. When it becomes endemic, it has an impact on their learning, growth, and development. It has an impact on their schooling, and without it, they would be forced to low-paying jobs. This cycle may be vicious since their children may be subjected to the same problems. And, given that 10% of the world's population still lives in severe poverty, it's a massive issue. Before the epidemic, 2 billion people were already experiencing severe food insecurity. Following the epidemic, between 83 and 132 million persons were added to the list. However, a tiny group of individuals were enjoying the time of their lives elsewhere. Between March 2020 and October 2021, the wealth of billionaires in the United States increased by 70%. From $3 trillion to $5 trillion by March 2020. So you'd think that with increased hunger on one hand and rising prosperity on the other, someone w...

After a stellar liquidity-driven run in Samvat 2077, experts are suggesting that investors should brace for a volatile phase for Indian equity markets in Samvat 2078. The market direction, they say, will be guided by a host of domestic and foreign factors that will keep the markets choppy. These include: Commodity prices and their impact on inflation and corporate earnings Policy stance of global central banks, especially the US Federal Reserve A fresh wave of Covid infections, if any Global developments like economic recovery and China factors IPO pipeline and liquidity with retail investors While rising input prices, especially those of crude oil and coal, have seen the markets trim gains in the past few weeks, analysts at Nomura have penciled in 0.6-0.7% rise in inflation over the next few months as a result of this. Sonal Varma, chief economist for India and Asia ex-Japan, Nomura, said: “We estimate the impact on headline inflation to be as much as around 1 percentage point over th...

Here are the Top 10 Company Updates, one should make note of :  Infosys Infosys Finacle Digital Banking Solutions will soon be available on Red Hat OpenShift and IBM Cloud for finance related solutions. This collaboration is said to facilitate the banks scale business transformation, become more agile and growth push with said on demand portfolio of services and products. Wipro Wipro has partnered up with TEOCO to develop said solutions to help communication service providers improve network automation, flexibility, efficiency and reliability. Together Wipro and TEOCO will provide CSPs with comprehensive solutions to plan, analyze, optimize and monitor next generation networks.  Vodafone India Aditya Birla Group Chairman, Kumar Mangalam Birla is close to investing around 150 Million $ in Vodafone Idea Ltd using personal resources. Also with the 5G trials going on in India, Vodafone Idea and Ericsson have partnered up to display the power of 5G to transform the healthcare secto...