“Boom and Bust: Performance of India’s Biggest IPOs” explores the fluctuating success of major IPOs in India, focusing on the reasons behind their varied performances. It highlights key factors such as market conditions, investor sentiment, and economic trends that have influenced these IPOs. The analysis showcases examples of both successful and underperforming listings, offering insights into the lessons learned from these experiences.
Reliance Industries reported lower-than-expected profits in its latest earnings due to disappointing performance in its energy sector. Despite growth in other areas, such as retail and digital services, the company’s overall profitability was hindered by weaker demand and pricing pressures in the energy market. This shortfall highlights ongoing challenges in the sector, affecting Reliance’s financial outlook.
The Election Commission of India (ECI) is set to announce the poll schedule for the Maharashtra and Jharkhand elections today at 3:30 PM. This announcement will provide crucial details about the election dates and related procedures for voters in these states.
Tokyo Metro is preparing for an initial public offering (IPO) that aims to raise approximately $2.3 billion, marking Japan’s largest listing in six years. The offering is expected to attract significant investor interest as the company seeks to capitalize on the growing demand for public transportation in urban areas. This IPO comes at a time when the Japanese market is recovering, highlighting Tokyo Metro’s strategic move to enhance its financial position and expand its operations
Blinkit has decided to end its ‘zero notice period’ policy as part of its strategy to retain talent within the company. This policy allowed employees to leave without any advance notice, which had led to high turnover rates and instability in the workforce. By implementing a traditional notice period, Blinkit aims to foster better employee engagement and loyalty, ensuring a more stable and committed workforce in the long run.