Blogs / News

Investing in the unlisted market can offer unique opportunities for investors looking to diversify their portfolio and potentially earn significant returns.

31 May, 2024,

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OYO Achieves Profitability in FY2023-24, Announces Founder Ritesh Agarwal

OYO, the online travel aggregator, has reported its first profitable fiscal year in 2023-24, according to founder Ritesh Agarwal on social media platform X. The company recorded a net profit of approx ...

30 May, 2024,

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Hero FinCorp Gets Board Approval for IPO Including Fresh Issue and Offer for Sale

On Thursday, May 30, Hero MotoCorp Limited, the largest two-wheeler manufacturer in India, announced through an exchange filing that its financial services arm, Hero FinCorp Limited, has received appr ...

28 May, 2024,

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Fitch Ratings Upgrades OYO's Parent Company Oravel Stays, Citing Enhanced Financial Stability

Fitch Ratings announced on Monday that it has upgraded the long-term foreign and local currency issuer default ratings of Oravel Stays, the parent company of OYO, from 'B-' to 'B', with a 'Stable' out ...

27 May, 2024,

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NSE to Implement One Paisa Tick Size for Low-Priced Stocks

Starting June 10, the National Stock Exchange (NSE) will implement a one paisa tick size for all stocks trading below Rs 250 per share, as announced in a circular issued on May 24. This change aims to ...

27 May, 2024,

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RBI Slaps Penalty on Hero FinCorp for Regulatory Breaches

The Reserve Bank of India (RBI) has levied a penalty of Rs 3.1 lakh on Hero FinCorp Limited due to regulatory non-compliance in specific areas concerning fair practices code. This penalty, however, re ...

24 May, 2024,

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Sterlite Power's Transmission Business Demerger Approved by Stakeholders

Sterlite Power Transmission Ltd (SPTL) announced on Thursday that its shareholders have approved the plan to demerge its transmission business. This restructuring will result in the transmission infra ...

24 May, 2024,

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Waaree Energies to Supply 445 MW of Solar Modules for Rajasthan Project

Waaree Energies Limited has secured a contract to supply 445 MW of its 540/545Wp dual glass bifacial solar modules for a major solar project in Bikaner, Rajasthan. Deliveries of these modules are sche ...

22 May, 2024,

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Le Travenues Technology Secures SEBI Nod for IPO

Le Travenues Technology, the parent company behind the well-known travel platform ixigo, has received the green light from the Securities and Exchange Board of India (SEBI) to move forward with its in ...

21 May, 2024,

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OYO Eyes Fresh Investment at Potential $4 Billion Valuation, Founder Ritesh Agarwal Announces

In a recent townhall, OYO's Founder Ritesh Agarwal revealed that private investors have shown interest in the travel tech company, potentially raising equity at a valuation ranging between $3 billion ...