Softbank exits Paytm at loss of around USD 150 million

Softbank held around 18.5 per cent stake in Paytm before the company’s initial public offering (IPO) in 2021. It held a 17.3 per cent stake through SVF India Holdings (Cayman) Ltd and 1.2 per cent through SVF Panther (Cayman) Ltd.

RVNL, Shipping Corporation among 10 stocks rally over 10% this week

The week ended July 12 witnessed a big rally in sectors like railway, defence, shipbuilding companies and fertilizers, ahead of the Union Budget which is scheduled on 23rd July.The week also witnessed a jump in tea and rice stocks given the rising prices due to heat and flooding for the former and easing of export […]

PFC, REC, RVNL among 97 stocks in focus ahead of Union Budget by BofA Securities

FY25 budget announcement is scheduled on July 23rd. One of the key focuses will be on the government’s allocation for excess dividend receipts from the RBI and CPSEs.Global brokerage firm BofA Securities expects $6.6 billion worth of allocations to stimulate state capex, $9.6 billion towards populism to boost consumption and no change to FY25 fiscal […]

DMart Q1 Results: PAT grows 17.5% YoY to Rs 774 crore, revenue up 19%

Contribution from General Merchandise and Apparel continued to improve during the quarter and this is reflected in the gross margin uptick (Q1 FY 2025 vs Q1 FY 2024). Operating costs have gone up due to continuing effort on improving service levels and building capability for the future

Premiumization in India: Unlocking investment opportunities

Consider the automotive industry: 60% of car registrations in India in FY24 have been SUVs, highlighting a preference for higher-end vehicles offering status and comfort. In the two-wheeler segment, growth is driven by demand for power bikes Similarly, metropolitan real estate markets, particularly in Mumbai, NCR, Bangalore, and Chennai show a rise in demand for […]

Jim Leitner’s tips on strategic investing for long term success

According to Jim Leitner, this is the crucial factor that can determine who will earn significant profits in the market. Leitner, a renowned macro trader, emphasizes that an investor must not let emotions take control while investing and should acknowledge that losses are an inevitable part of the investment journey. He advises that investors should […]