Venkatraman, who joined the e-commerce major in 2015, he has been reducing operational involvement over the past six months or so, sources told . Sriram Venkatraman is stepping down from his position as group chief financial officer (CFO) at Flipkart ahead of the company’s planned initial public offering (IPO), the e-commerce major announced on March…
Sebi’s NoC puts an end to nine years of waiting for NSE’s initial public offering (IPO). The Securities and Exchange Board of India (Sebi) has issued a no-objection certificate (NoC) for the public listing of National Stock Exchange of India Ltd (NSE), according to two people familiar with the matter. The development puts an end…
The auto major aims to drive in multiple electric models across bodystyles and set up charging infrastructure across the country as it looks to attain leadership in the segment Maruti Suzuki India plans to localise battery production and other critical components over the next few years as part of strengthening the overall EV…
Monthly options data suggests that the Nifty 50 is expected to trade in the 24,800–25,300 range in the near term. Nifty Outlook for July 25 The Nifty failed to witness follow-through buying on July 24 and closed the weekly F&O expiry session with a 0.6 percent loss. In fact, the index erased all of its…
Foreign investors have sold $25 billion worth of Indian equities since the end of September, with $4.1 billion exiting in February alone. While domestic institutional investors have provided some support, inflows are slowing. India’s NSE Nifty 50 saw its fifth consecutive monthly decline, marking its longest losing streak since 1996. The index is now…