In a dramatic development that threatens to reshape India's cricket broadcasting landscape, Reliance Industries-controlled JioStar has formally notified the International Cricket Council (ICC) th...
Sleepwell, a prominent player in the home comfort products industry, is embarking on a new venture by acquiring Kurlon Enterprises Limited (KEL), an established entity in the same sector. This move signifies a crucial shift in Sleepwell's business strategy towards industry consolidation, which could potentially lead to market dominance. An Overview of the Target Entity: Kurlon Enterprises Limited...
Financial performances form the backbone of any company's health check. They offer valuable insights into the company's current standing and the potential for future growth. Today, we delve into HDB Financial's unlisted share results, comparing their performance from June 2022 to June 2023. A Closer Look at Net-Interest Income Net-Interest Income, a critical measure of a financial institution's pe...
SBI Mutual Funds Limited has announced its annual report for the financial year 2023. As per the consolidated financial report, in FY23, the Company clocked 2303 crore revenue from operations as against Rs. 1957 in financial year 2022, indicating an increase of 17%. The net profit of the Company increased to Rs. 1339 crore as against Rs. 1082 crore in FY22, indicating a significant increase of 23...
Resins & Plastic Ltd has announced its annual report for the financial year 2023. In FY23, the Company clocked 252 crore revenue from operations as against Rs. 213 in financial year 2022, indicating an increase of 18%. However, the has experienced 16% drop in its net profit from 12 crore in FY22 to 10 crore in FY23. Profit and Loss Statement Particulars (in Cr) FY23 FY22 %Change Revenu...
P & L Statement Particulars (in Cr) FY23 FY22 %Change Revenue from Operations 346 321 +7.7 Profit Before Tax 55 59 -6.7 Profit for the year 39 42 -7 EPS 158.10 167.70 -5 During the past year, the company's sales and other income amounted to Rs. 354 crore, which is an increase of 8.86% compared to the previous year's figure of Rs. 325 crore. The sales within the country...
The National Securities Depository Limited (NSDL) has recently announced its plans to go public, filing its Draft Red Herring Prospectus (DRHP) for an Initial Public Offering (IPO) on July 7, 2023. This news has significantly stirred the Indian securities market as this IPO marks a comprehensive Offer For Sale (OFS) by the existing shareholders of NSDL. An impressive roster of financial instituti...
Introduction In recent news, it has been reported that Pharmeasy, a leading online pharmacy in India, is looking to retire its substantial debt of ₹2,400 crores. The debt was obtained from Goldman Sachs last year, and now Pharmeasy faces the decision of either selling some of its successful businesses or seeking funding from investors. UnlistedZone, a trusted source of analysis on unlisted stocks,...
Introduction Lava, a leading Indian handset player, is considering a strategic partnership with Reliance Jio, one of the country's largest telecom operators. This collaboration holds significant potential for pre-IPO investors, as it aims to manufacture internet-enabled feature phones and smartphones. By leveraging Jio's expertise and distribution network, Lava is set to tap into the booming feat...
In the dynamic and competitive world of technology services, Tata Technology, a global leader in engineering and product development digital services, has showcased impressive growth and profitability in fiscal year 2023. This remarkable performance is a testament to the company's strategic foresight, operational efficiency, and commitment to delivering shareholder value. Revenue on the Rise In...
The Unthinkable Just Happened Imagine this: A company that started by mailing DVDs in red envelopes just bought one of...
The Story Over the last two years, government agencies auctioned 88 gigawatts of solar and renewable projects...
What's the story? Elon Musk says it. Jeff Bezos believes it. And now Sundar Pichai is betting big on it. By 2030, it co...
How Two US Giants Crushed India's E-commerce Darling In February 2016, Snapdeal stood at the pinnacle of India's e-comm...
What's the story? There's a merger happening between Hinduja Leyland Finance (HLF) and NDL Ventures. The big question:...
What's the story? ICICI Prudential AMC is going public in December at a valuation between ₹1.07-1.11 lakh crore. This g...