Introduction
Reliance Retail, India’s largest retailer, is aiming for a 20% compound annual growth rate (CAGR) over the next three years, while aggressively scaling up its fast-moving consumer goods (FMCG) business. The company plans … Read the rest
Introduction
HDFC Bank subsidiary HDB Financial Services Ltd has received regulatory approval from the Securities and Exchange Board of India (Sebi) for its much-anticipated ₹12,500 crore initial public offering (IPO). The regulator… Read the rest
Introduction
Capital markets regulator Securities and Exchange Board of India (SEBI) cancelled the registration of 19 defunct FVCI (Foreign Venture Capital Investors) after they failed to meet the eligibility criteria. The 19 entities… Read the rest
Introduction
Over the last six years, the stakes held by founders in India’s unicorn start-ups have witnessed a sharp decline. The trend stems mainly from company heads diluting their ownership to raise capital in a tough funding climate.… Read the rest