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Who are Swiggy’s main players? An examination of Sriharsha Majety and his group prior to the IPO

Sriharsha Majety is Swiggy Ltd.’s group CEO, managing director, and co-founder. He graduated from BITS Pilani with a bachelor’s degree in electrical engineering and the Indian Institute of Management, Calcutta, with a postgraduate diploma in management. He has over a decade of experience with the organization. Swiggy IPO: On Wednesday, November 6, food delivery service …

Who are Swiggy’s main players? An examination of Sriharsha Majety and his group prior to the IPO Read More »

India’s factory growth accelerates in October, PMI shows

According to a business survey released on Monday, India’s industrial growth picked up speed in October after stalling for three months as demand sharply improved, resulting in the creation of jobs and a more optimistic corporate outlook. S&P Global’s HSBC final India Manufacturing Purchasing Managers’ Index increased from an eight-month low of 56.5 in September …

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Following Kotak’s “Reduce” call to begin coverage, Ola Electric’s shares fell 1%.

As Ola Electric gets closer to its IPO listing price of ₹76, its shares opened lower on Wednesday. What transpired was that Kotak Securities issued a “reduce” call and set a target price of ₹80 for the Bengaluru-based electric car company. With complaints reportedly reaching 80,000 each month, the firm has come under heavy fire …

Following Kotak’s “Reduce” call to begin coverage, Ola Electric’s shares fell 1%. Read More »

After preparing to leave Bajaj, Mukesh Ambani’s Jio Financial is in negotiations with Allianz for insurance joint ventures in India.

According to persons familiar with the situation, Jio Financial Services Ltd., which is owned by billionaire Mukesh Ambani, has discussed forming an insurance partnership with Allianz SE in India as the German company looks to end two current joint ventures in the nation. According to insiders who asked not to be named since the information …

After preparing to leave Bajaj, Mukesh Ambani’s Jio Financial is in negotiations with Allianz for insurance joint ventures in India. Read More »

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