News | inves4: Indian Equity Investing

$7 billion Deliveroo is preparing for a blockbuster float. Here’s the who’s who of executives and investors steering it to IPO.

Amazon-backed food delivery startup Deliveroo is anticipated to float in 2021, marking a rare high-profile British technology float. Like rival Uber Eats, Deliveroo allows consumers to order restaurant food via an app and relies on a network of gig economy cyclists and motorcyclists to make the deliveries. During the coronavirus pandemic, it has expanded into … Read more

Top Stocks: How a Rs 10,000 investment in these stocks grew over the decades | India Business News

What makes companies stock market favourites? They dare to dream. As equity indices scaled fresh peaks in 2021, here’s how an initial push of Rs 10,000 fared over the decades in the below mentioned stocks. IT stocks Infy: Rs 1.5 crore (1995*) Infosys is the stuff of middle class dreams. It was founded as an … Read more

What the future of coworking might look like for the self-employed as they seek out ways to network, collaborate, and set up shop

Entrepreneurs and freelancers have long relied on coworking spaces to run their businesses. Real estate and coworking experts predict other options will replace coworking for the self-employed post-pandemic. These changes include more virtual coworking sessions, more permanent home offices, and unique spaces like Airbnbs, hotels, and boats. Traditional coworking often involves sitting shoulder to shoulder … Read more

Company Law Committee recommends decriminalisation of LLP Act, introduction of ‘small LLPs’

A high-level government panel recommended decriminalisation of 12 compoundable offences and the omission of one penal provision under the Limited Liability Partnership (LLP) Act. The Company Law Committee (CLC) also suggested, in a report released on Monday, the introduction of the concept of a small LLP in line with small companies under the Companies Act, … Read more

Franklin Templeton MF’s 6 shut schemes generate Rs 13,789 cr since closure

Franklin Templeton Mutual Fund on Sunday said its six shut schemes have received Rs 13,789 crore from maturities, pre-payments and coupon payments since closing down in April. Franklin Templeton MF shut six debt mutual fund schemes on April 23, 2020 citing redemption pressures and lack of liquidity in the bond market. The schemes — Franklin … Read more

Excise duty collection jump 48 % this fiscal on record hike in taxes on petrol, diesel

With this, the total incidence of excise duty on petrol rose to ₹ 32.98 per litre and that on diesel to ₹ 31.83 a litre. While the pandemic pummelled tax collection across the board, excise duty mop-up jumped 48% in the current fiscal on the back of a record increase in taxes on petrol and … Read more

Adani refutes Swamy’s tweet allegations, claims “impeccable” credit record

The Adani Group Sunday refuted allegations levelled by BJP politician Subramanian Swamy that it owes Rs 4.5 lakh crore as NPA to banks and claimed it has maintained an “impeccable record of not a single NPA in the three decades of its existence”. “The Adani Group strongly objects to a factually incorrect tweet posted by … Read more

GOLDMAN SACHS: Buy these 25 stocks best-positioned to juice profits in 2021 as stimulus and vaccine progress spur economic growth

One of the most important questions for investors in 2021 is how to bet on the ongoing economy recovery – even if its course looks uncertain right now. Goldman Sachs is giving its answer. Chief US Equity Strategist David Kostin says he expects success for companies with high operating leverage, or the companies that will experience … Read more

EXCLUSIVE: SoftBank-backed user car dealer Auto1 could IPO next month at a valuation north of $8 billion

Auto1 could IPO in Frankfurt next month, Insider understands. Auto1 said Wednesday that it seeks to raise $1.2 billion, but did not give detail on a valuation. The mooted higher valuation comes amid strong performance from Auto1’s US competition. Visit Business Insider’s homepage for more stories. Auto1 Group, a European platform for used car sales, … Read more