The update separates two sources of growth: new stores and sales at existing ones. With like-for-like growth of 4.1% in India against group revenue growth of 11.9%, most of the increase came from the larger store…
These are the drafts companies lodged in the last days of September and the first days of October, now public for comment. A draft is not an IPO: SEBI's observations usually take months and several filings never reach…
This gives banks and payment companies a fee line on UPI, which has been free for merchants. The exposed businesses are acquiring banks and listed payment aggregators on the revenue side, and on the cost side merchants…
Both mainboard openings were well short of what the unofficial grey market had implied: Business Today notes premiums pointing to 46-48% for SRIT India and 9-10% for Shah Investor's Home. That gap, in an issue…
Information Technology · Financial Services · Consumer ServicesBusiness Today ↗
These are the first hard readings on discretionary spending for the quarter, and they came in above forecasts even though part of the festive season moved into October-December: Citi had pencilled in 18% growth for…
Consumer Services · Fast Moving Consumer GoodsUpstox ↗
The openings did not track demand in the way SME debuts often have: Bench Mark Infotech was subscribed 72.35 times and still opened flat, while Sai Urja, subscribed 3.88 times, opened higher. The two issues with the…
Power · Information Technology · Consumer Services5paisa ↗
The openings tracked demand in the books: Orient Cables' Rs 552 crore issue was subscribed 97.25 times and German Green Steel's Rs 304 crore issue 30.5 times, while Runwal's Rs 500 crore fresh issue drew 2.65 times and…
The original notices were larger than the companies' own net worth, so the contingent liability hung over the listed casino and gaming operator Delta Corp and over unlisted platforms that had planned to raise capital…
Consumer Services · Media Entertainment & PublicationBusiness Today ↗
Jet fuel can make up as much as 40% of an airline's operating costs, according to the report, so listed carriers absorb a sharp, direct rise in their largest cost. Restaurants, hotels and caterers that use commercial…
Services · Oil Gas & Consumable Fuels · Consumer ServicesBusiness Standard ↗
Since no headline rate changes are planned, the direct effect on consumer prices and on FMCG or auto demand looks small. The parts that matter are compliance and working capital: changes to input tax credit and…
Fast Moving Consumer Goods · Information Technology · Consumer Services · ServicesIANS (via NewKerala) ↗
Advertising is the main revenue line for listed Indian broadcasters, publishers and internet platforms, and for the agencies that place campaigns. A new ad seller with a user base in the hundreds of millions competes…
Media Entertainment & Publication · Consumer ServicesTechCrunch ↗
Reliance is one of the largest index weights, so its results move the benchmarks. Higher crude prices inflated O2C revenue and the 17% rise in that unit's EBITDA shows refining earnings holding up through the West Asia…
Oil Gas & Consumable Fuels · Telecommunication · Consumer ServicesBusiness Standard ↗
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