Bullets

Remember that airline that grounded its entire fleet and then filed for bankruptcy? Well, buckle up for more turbulence!

Go First's got an extra 60 days to try and avoid liquidation after the 3 June deadline, but things are looking pretty grim.

With their planes gone and a potential buyer bouncing, will Go First take off again or become another cautionary tale in the aviation graveyard?

Zepto's funding frenzy is the talk of the town! This quick commerce startup is nearing a $3 billion (around ₹24,900 crore) valuation, thanks to talks with investment bigwigs like DST Global and Lightspeed.

Whispers suggest even more investors might join the party due to the buzz of its being a pre-IPO round.  

Is Zepto about to break the internet or is this just a clever pre-IPO play?

Also Read: Decoding Zepto: India’s First Unicorn in 2023

Zomato is showering its speedy grocery service Blinkit with cash – another ₹300 crore to be exact.

This comes on top of the ₹2,300 crore already invested since acquiring Blinkit in 2023.  

Is Zomato betting big on super-fast deliveries or is Blinkit burning through funds faster than a delivery rider on a hot day?

Also Read: The State of Quick Service Restaurants in India

In a surprise move, the airline's founders just ditched ₹3,700 crore worth of shares. This is their first fire sale since the company went public.

This first-of-its-kind stock sale involving 83.7 lakh shares caused IndiGo’s stock price to fall around 3%. The share price per unit was set at ₹4,406 for the block deal.

Did they see something we don't? Or are they just lightening their luggage?

Forget flash sales, Mumbai's got a new race: groceries in 10 minutes! Swiggy's warehouse buzzes with workers dodging red-flashing speed warnings, aiming to get your bananas and...condoms out the door in under 90 seconds.

Delivery bikers in bright orange zoom through the heat, another cog in Swiggy's machine redefining how India shops.  

Is this a recipe for instant gratification or just a dash too much speed? What about the mop-and-pop stores around the city?

Looks like Swiggy is adamant on making it to the top prior to its upcoming IPO.

The fintech giant Paytm is waving goodbye to an undisclosed number of employees as part of a "restructuring." This was a suspected outcome with all the RBI ban and lending reformations.

According to Paytm, departing employees are getting outplacement support as over 30 companies are willing to recruit them.

So, is this a friendly nudge towards new opportunities, or a sign of choppy waters ahead for the digital payments company?

Read the article “Is Paytm Going to Lose its Lending License?” to know more.

Calling all travel enthusiasts and stock market voyagers! Ixigo's parent company, Le Travenues Technology, is boarding the IPO train.

They're looking to raise around ₹740 crore for tech upgrades, strategic acquisitions, and maybe even fuel for a few more travel puns.

But with big names like SAIF Partners and Government of Singapore offloading shares, is this a first-class ticket to riches, or a red-eye to uncertainty?

Buckle up, the offer closes 12 June, and the decision is yours! Before you make a decision, check out a detailed article on Ixigo IPO.

If you are an IPO enthusiast and waiting for IPOs of Flipkart and PhonePe, then you might have to wait more.

The e-commerce giant and its digital wallet sidekick, are thinking of gracing the stock market in the next two years. But there's a twist: the younger PhonePe might IPO first!  

Is this a sign of PhonePe's hot streak, or is the more mature Flipkart hiding a secret aisle we don't know about?

Ditching scooters for greener pastures? Sachin Bansal, co-founder of Flipkart, has completely exited Ather Energy, an electric scooter maker he once championed.

He sold his remaining 7.5% stake, with 2.2%, to Hero MotoCorp for ₹124 crore, and Zerodha's Nikhil Kamath took the rest.

Interestingly, Sachin Bandal was one of the first investors of Ather Energy and have pooled around ₹400 crore in the electric scooter startup.

Was this a strategic move by Bansal, or is the electric scooter market getting a bit bumpy?

Also Read: Story of Sachin Bansal: From Flipkart to Navi's IPO

Buckle up for a mega airline merger in India! With NCLT's approval, Tata Group's Vistara is set to join forces with Air India, creating a giant with a fleet of 218 aircraft.

This powerhouse will be India's biggest international carrier and the second-largest domestic one.

But can they dethrone IndiGo and become the true king of Indian skies? What about the problems pilots have with this merger?

#KnowItAll from the article “Will Vistara take Off or Stall After Merging with Air India?”

TCS, the tech giant, launched a new platform called TCS WisdomNext.

WisdomNext is a fancy new AI platform that combines multiple AI technologies into one. This means businesses can adopt new AI tech quickly & cheaply, and also navigate the ever-changing world of AI regulations.  

So, is TCS WisdomNext the key to unlocking your company's true potential?  Only time will tell!

Also Read: Tata Group is Planning an IPO Shower. These Companies are Involved.

The Monetary Policy Committee (MPC) headed by RBI Governor Shaktikanta Das and come up with following decisions:

• Interest rates on hold at 6.5%, but the party might not be over for borrowers!
• Rosy GDP forecast of 7.2% from 7% and record forex reserves peaked at $651.5 billion (₹54.07 lakh crore).
• The Standing Deposit Facility (SDF) rate and Marginal Standing Facility (MSF) bank rate were maintained at 6.25% & 6.75%, respectively.

The RBI surprised no one by staying steady on rates, but is this a sign of confidence in the Indian economy? 

Byju's in hot water again! This time, lenders want to shove Epic, Tynker, and Osmo (their US subsidiaries) into Chapter 11 aka Bankruptcy.

Sounds drastic, but they claim it's to protect everyone's wallets and prevent Byju's from playing shell games with the cash.

Will Byju's be forced to fess up, or will this turn into a never ending game of hide-and-seek?

Also read: Byju's: The Fall of an EdTech Giant

Nvidia's stock just rocketed past $3 trillion (around ₹249 lakh crore)! It is now the 2nd most valuable company in the world. 😲

Their secret weapon? Tiny chips that power the future of AI. They're tripling revenue and doubling their stock price year after year.  

Is this just the beginning, or are we due for a reality check? One thing's for sure, this chipmaker is making serious waves.

Ixigo's parent company, Le Travenues, is about to take flight... on the stock market! They plan to raise ₹740 crore via this IPO, which is opening June 10, with a chance to snag shares for ₹88-93.

With a fresh issue of equity shares ₹120 crore and an OFS of 6.6 crore equity shares making up ₹620 crore.

So, is this a first-class ticket to riches, or a red-eye to uncertainty? Buckle up and decide for yourself!

Google and Microsoft's cloud unit is getting lighter by 100 and 1500 employees, respectively. This is part of a bigger tech industry rain shower this year.

Sales, engineering, and even some employees who just helped throw a big developer party are being shown the door.

Restructuring? Cost-cutting? The reason for cutting off is unclear, but with layoffs throughout 2024, are tech giants feeling a little less cloud-y these days?

Ditching insurance for credit cards? InsuranceDekho, a big wig in the insurance world, is in talks to acquire BankSathi, a credit card and loan distributor.

This intriguing move could mean the online insurance giant is eyeing a one-stop-shop approach for your financial needs.

But what does this mean for BankSathi's angel investors?
Will they be swapping their shares for a shot at insurance or is there another twist to this tale?

Also read: Is Your Potfolio Volatility Proof? A Financial Stress Test!

Swiggy's got the US investor Baron Capital smitten! Baron Capital just upped their valuation of the food delivery giant by 25%, putting it at a juicy $15.1 billion (around ₹1.25 lakh crore).

With Swiggy aiming for an IPO, is this a sign of good things to come for investors, or just a case of pre-IPO Appetit?

Also read: Swiggy is Bringing an IPO: To Bet or Not to Bet?

Adani Group, known for its ports and power plants, is now entering the world of finance. Their super app, Adani One, just launched co-branded credit cards with ICICI Bank.

These cards allow consumers to book flights, hotels, even score rewards at Adani airports.  

Is this the start of an Adani empire that reaches not just the skies, but your wallet too?

Also Read: Adani Power Analysis

Craving a McSpicy Paneer Burger but prefer browsing for clothes at the same time? Flipkart might soon satisfy both needs.  

The E-Commerce reportedly dipping their toes into the food and beverage category on the government's Open Network for Digital Commerce (ONDC).   

Will we see our groceries delivered alongside our gadgets? Only time will tell what this F&B foray means for Flipkart and the future of ONDC.