Data is the new oil. This saying can be easily proved by having a look at India’s growing smartphone market. The Counterpoint research showed that India’s smartphone market recorded revenue of $38 billion in 2021, and it is forecasted to grow to $44 billion in 2022! So let’s dive deep to understand where the Indian smartphone industry stands today.
An aviation sector is a tricky place that’s heavily regulated and not easy to run. A lot of airlines have entered this market valiantly but then exited with deep losses in a few years. The big question now is will Air India and Akasa Air fly high?
There was a time when Yes Bank’s exit from the banking sector seemed real. No private equity players were interested in saving the bank. Everything changed after Yes Bank came under the stewardship of the State Bank of India (SBI). Now PE players are interested in saying ‘Yes’ to Yes Bank.
Zomato is one of the leading food apps in India. It has a seamlessly functioning app, social media platform and services. Everything’s good so far except its acquisitions. In more than a decade, it has had over a dozen acquisitions. Read up more here!
Sometimes, no major announcements are also positive. The Union Budget 2022 was just that! This is evident from the fact how the stock markets fared yesterday. For if there was some major proposal announced in the budget that investors regarded as unfavourable, they would have taken no time to show their displeasure. All that the hour and a half speech focused upon was growth, led by infrastructure investments and expenditures.
Vedant Fashions IPO will open for subscription on 4th February. Manyavar, Mohey and Manthan are all Vedant’s brands. Let’s discover more about this company before its IPO.
A lot of firsts happened in the Union Budget of 2022-23. Finance Minister Nirmala Sitharaman’s budget presentation was the shortest one since 2019. The speech lasted only one hour and 31 minutes. FM Sitharaman did her presentation using a tablet and not a bahi-khata. Out of all the announcements, read up the ones that stood out the most.
Boat, a consumer electronics company, entered the Indian market just a few years back and has become a million-dollar company. The brand is mainly popular for its headphones and fitness wearables. As Boat gears up for IPO, let’s have a quick understanding of its SEBI filing.
Electric vehicles are the talk of the town. Ola, Ashok Leyland, Tata Motors and every automaker is on it at full speed. And now, Reliance Industries has spent $135 million on sodium-ion battery technology. Read to know more!
The Azim Premji-backed lifestyle brand FabIndia has filed the draft prospectus with the SEBI to get the latter’s nod for an IPO. The company looks to raise Rs 3,000 crores from the public issue. Let’s discuss whether the company’s IPO will be able to walk fashionably across the D-Street or not!
