Bullets

Swiggy is eyeing a whopping $15 billion (₹1.2 lakh crore) valuation for its upcoming IPO! They're looking to raise $1-1.2 billion (over ₹9,950 crore), making it one of the biggest IPOs in India this year.

Swiggy's been locked in a battle with Zomato for the top spot in the Indian food delivery market. Both are also racing to dominate the "quick commerce" scene, where groceries and other stuff are delivered in a flash.

Will this IPO become Swiggy’s winning strike against Zomato? Click here to know it all.

The merger of Vistara and Air India is finally happening. Singapore Airlines, who owned a big chunk of Vistara, is now investing a whopping ₹2,059 crore to get a 25.1% stake in the merged airline.

All the paperwork is done, and the government is expected to give the final green light soon.

But what about the woes of pilots and other Vistara airline staff? Read here to know more.

Zomato is heating up the entertainment ticketing market by buying Paytm's ticketing business for a whopping ₹2,048 crore. This move could shake things up for the current leader, BookMyShow.

BookMyShow is already a big player, raking in nearly ₹1,000 crore last year.

Zomato, on the other hand, is using its profits from food delivery to expand into the entertainment space. They're hoping to make a big splash in both dining out and ticketing.

Know more from this article link.

The food delivery giant is worth $11.5 billion (₹95,450 crore), according to its investor "36 One WAM".

Formerly IIFL Wealth Management, the investor found Swiggy's revenue is skyrocketing, doubling year over year.

But wait, there's a twist! Food orders can be a bit fickle, so the final figure might change.

To know the ongoing developments, stay tuned with this link.

Billionaire Gautam Adani's company just sold 2.8% of its cement business, Ambuja Cements.

 The deal was worth around ₹4,200 crore. The stock price went up 4% after the news.

Adani still owns 77.33% of Ambuja Cements signalling the sale meant for raising capital.

Want to know more about Adani's business empire? Click on this link.

Jewellery retailer Bluestone has just bagged a whopping ₹900 crore in funding, valuing the company at a dazzling $970 million (₹8,051 crore).

This latest cash infusion is a major step towards their IPO, which is expected to hit the market later this year. With big names like Peak XV Partners and Prosus backing the deal, it's clear that Bluestone is ready to sparkle on the stock exchange stage.

But the question remains: Can they keep the shine on their IPO dreams?

Reliance Industries and Walt Disney are cooking up a plan to appease the Competition Commission of India (CCI) and secure approval for their blockbuster merger.

The latest tactic involves a two-year freeze on advertising rates for all advertisers and agencies.

Will this sweet deal convince the CCI to give the merger the green light, or will the regulator demand even more concessions? Be in the loop with this article.

Tata Electronics has seen its sales skyrocket over nine times in just one year, thanks to its newfound iPhone assembly prowess.

The acquisition of Wistron's plant near Bengaluru has catapulted the company into the big leagues of Indian electronics manufacturers. While still trailing behind giants like Dixon Technologies, Tata Electronics' growth trajectory is nothing short of impressive.

The question now is: can they sustain this momentum and become a major player in the global electronics market?

ICICI Securities, the investment banking arm of ICICI Bank, has shelled out ₹69.82 lakh to settle a case with the Securities and Exchange Board of India (SEBI).

The regulator took issue with the company's due diligence practices, raising questions about its adherence to merchant banking norms.

While the company has settled the matter, the question remains: Was this a minor oversight or a symptom of deeper regulatory concerns?

Also Read: When is ICICI Securities Delisting & Why?

Retail giant Walmart is waving goodbye to a potential $3.74 billion (₹31,042 crore) with the reported sale of its stake in Chinese e-commerce leader JD.com.

144.5 million shares are on the block, priced between $24.85 and $25.85 each. Is this a strategic move by Walmart, or a sign of trouble in the Chinese e-commerce market?

The silence from all parties involved is deafening. One thing's for sure, this fire sale has investors watching closely.

Venture capital firm Accel has just doubled down on its investment in Uppercase, the luggage maker. With a fresh injection of $9 million (₹74.7 crore), Uppercase's valuation has skyrocketed to $60 million (₹498 crore).

Uppercase plans to expand their retail footprint both domestically and internationally.

But the real question is: will this be enough to make it the go-to luggage brand?

Cognizant is facing a social media storm after announcing a starting salary of ₹2.52 lakh for freshers.

However, the company quickly clarified that this offer only applies to non-engineering graduates. So, what does this mean for engineering grads hoping to join the tech giant?

Is Cognizant playing a sneaky game of expectations or simply trying to attract talent from different backgrounds?

IT giant Infosys is upping the ante for campus placements with a new "power program" offering packages of up to ₹9 lakh per annum. This is a significant boost compared to the usual ₹3-3.5 lakh starting salaries.

The company is specifically targeting students with exceptional coding and software skills, suggesting that the days of generic IT roles might be numbered.

Is Infosys setting a new standard for tech industry salaries? Read more from here.

Ola Electric's stock is zooming faster than one of its electric scooters! A day after launching three new electric bike models, the company's shares jumped a whopping 16% today.

With the unveiling of its own cells and the new Gen-3 platform, Ola seems to be revving up its electric vehicle game.

But can this momentum sustain the ride? Read here to know more.

In a stunning turn of events, logistics startup Loginext, once backed by heavyweights Tiger Global and Steadview Capital, is calling it quits.

After raking in a hefty $50 million (₹415 crore), the company has now sold its entire business – software, hardware, clients, the works – for a mere $250,000 (₹2.075 crore).

The question is: Where did it all go wrong?

Nykaa's parent company, FSN E-commerce Ventures, showed a whopping 152% jump in net profit to ₹13.64 crore for the April-June quarter.

Revenue clocked in at ₹1,731 crore, while Gross Merchandise Value (GMV) surged 25% to ₹3,321 crore. Beauty continues to be the star, growing 28%, but fashion isn't lagging far behind with a 15% uptick.

Can Nykaa keep this momentum going? Know more from this article link.

SoftBank's India head, Sumer Juneja, is singing the praises of the Indian IPO market. He credits the recent success stories of Ola Electric, FirstCry, and Unicommerce to smart pricing, a friendly market, and growing investor love for tech firms.

SoftBank itself seems to be enjoying the Indian ride, boasting a potential $10 billion (₹83,000 crore) return on its investments here.

But the big question is: Can this IPO party keep going? Click here to know more.

Bengaluru's electric scooter startup, Ather Energy, has just upped its valuation to $1.3 billion (₹10,790 crore), thanks to a fresh injection of ₹600 crore from its existing investor, NIIF.

This marks the fourth unicorn to be minted in India this year. What’s surprising here is that Ather’s valuation fell just a year ago.

And now, rival Ola Electric is burning up the stock market. Is this the start of an electric scooter valuation war?

FirstCry parent, Brainbees Solutions, had a rocking market debut today! Shares listed a whopping 40% higher than their IPO price of ₹549.

The company raised ₹4194 crore through the IPO, which was oversubscribed 12 times. With a pre-listing grey market premium of ₹84, expectations were high, and it seems the market delivered.

Will this be the start of a new growth spurt for the baby products giant?

India's banking behemoth, HDFC Bank, is about to get a massive cash injection. MSCI has decided to boost its weightage in the Global Standard Index, but with a twist: it's happening in two parts.

This means a cool $1.8 billion (₹14,940 crore) is flowing into the Nifty, but it's a slow burn rather than a sudden explosion.

Will this staggered approach change the market game, or is it just MSCI playing hard to get?

Also Read: HDFC Bank's Success Story