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Hexaware and the Novelty Group have established a groundbreaking joint venture focused on transformation

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Hexaware Technologies, a renowned global provider of digital solutions, and the Novelty Group, a prominent business entity based in the United Arab Emirates (UAE), have announced a strategic joint venture. This collaboration aims to offer cutting-edge digital transformation services to enterprises in the UAE across various sectors such as banking, finance, manufacturing, energy, healthcare, insurance, …

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HDB Financial Services plans to commence the IPO process in the upcoming months

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The Chief Financial Officer of HDFC Bank, Srinivasan Vaidyanathan, has indicated that the initial public offering (IPO) process for its non-banking arm, HDB Financial Services, plans to commence the IPO process in the coming months. He mentioned that the IPO listing requirement is targeted for September 2025, and preparations are underway to initiate the necessary …

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HERO FINCORP CEO ABHIMANYU MUNJAL TARGETS PROFIT AFTER TAX OF RS 1000 CRORES FOR FY 25

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Hero FinCorp, headquartered in New Delhi, has set a target of achieving a net profit of Rs 1,000 crore in the fiscal year 2024-25, representing a 30 percent increase year-on-year, according to Abhimanyu Munjal, the NBFC’s Joint Managing Director and Chief Executive Officer. Munjal mentioned during a media interaction on March 5 that the company …

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TATA CAPITAL LIMITED REMARKABLE PERFORMANCE IN Q3 FY 24

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ABOUT TATA CAPITAL LIMITED Tata Capital is the flagship financial services company of the Tata Group and is registered with the RBI as a systemically important non–deposit–accepting core Investment Company. Tata Capital is engaged in providing a wide range of services across various dimensions of business which includes commercial finance, consumer loans, and wealth services …

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GIFT CITY IFSC LISTING OF UNLISTED COMPANIES IN INDIA

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GIFT (Gujarat International Finance Tec–City)GIFT city has been established as an initiative to make a world-class city of financial value and importance and to contribute as an essential growth engine in continuing India’s growth story forward and achieving the dream of becoming an economically sustainable developed nation. The Government of Gujarat formed Gujarat International Finance …

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OYO (ORAVEL STAYS LIMITED) Q3 FINANCIAL RESULTS

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ABOUT THE COMPANY (OYO) ORAVEL STAYS LIMITED – The Company OYO Rooms was incorporated on 21 February 2012 and is an unlisted public limited company.  OYO Rooms Founded by Ritesh Agarwal who is also the Chief Executive Officer is an online global platform that strengthens and empowers entrepreneurs and small businesses with Hotels and Accommodation …

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RELIANCE RETAIL LIMITED REDUCTION OF SHARE CAPITAL

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     UNDERSTANDING REDUCTION OF SHARE CAPITAL Reduction of share capital refers to the reduction in the issued, subscribed, and paid-up capital of the company. The share capital of a company can be reduced under section 66 of the company’s Act 2013(amended) which ensures that for a company to reduce its share capital it should have …

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Unlocking Potential: The Advantages of Investing in Unquoted or Illiquid Shares

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In today’s era, conventional wisdom often emphasizes the importance of liquidity and the stability of established markets. Investors typically move to publicly traded companies listed on major exchanges, drawn by the promise of readily available information and the ability to swiftly buy or sell shares. However, amidst the hustle of these well-trodden paths lies a …

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