All of us are recently witnessing how onion prices have increased significantly. Hopefully, over period these king of issues get addressed by players like Ecozen. Ecozen is an integrated agricultural play whereby it helps farmers who grow perishables to increase their yields, store their produce longer, and realise higher prices. The Company has announced that … Read more
Reports indicate that Reliance Life Sciences (RLS) is considering a foray into India’s medical diagnostics testing industry estimated at $10bn. Current capacities are claimed to be under-utilised in the diagnostic industry. As per Dr. A Velumani (CMD, Thyrocare), around 95 per cent of the laboratories are working under capacity, with machines lying idle. He believes … Read more
As per media reports, Purplle.com (Purplle), an online beauty and personal care platform, has raised a $30 million round led by the global investment bank Goldman Sachs. The existing investors IvyCap Ventures, Blume Ventures and JSW Ventures are also reported to have participated in the round. Purplle has seen a commendable turnaround in the last … Read more
LOS ANGELES : The Schall Law Firm, a shareholder rights litigation firm based in Los Angeles has announced the filing of a class action lawsuit against Infosys Limited. According to the complaint, Infosys made false and misleading statements to the market and used improper recognition of revenue to boost short-term profits. This comes months after … Read more
Key announcements… why RBI is keen on small finance banks … and what can be some key questions/ concerns?
This came as a huge relief to more than 82,000 clients of Karvy getting back shares estimated at Rs 2,000 crore. Over last few days, there has been a huge uncertainty around what would happen to the shares fraudulently pledged by Karvy (belonging to its clients) to banks and the finance companies to obtain funds … Read more
The events continue to defy any logic. I continue to look for the answers !
The deal was in works since the beginning of the year and recently in August Future group had announced that Amazon has agreed to pick up pick up 49% stake in Future Coupons, the promoter entity of Future Retail. The deal thereafter went for The Competition Commission of India’s (CCI) approval, which has now been … Read more
Talk of the town… Everyone is wondering whether to invest or not… 6 key pointers to consider