Gupshup has raised $60 million in a mixed equity and debt round to fuel growth, but its status as a unicorn remains unclear.
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The much awaited debut of Sedemac Mechatronics on the Indian stock exchanges delivered a strong surprise to investors. The technology-driven auto electronics company listed with a solid premium on both the National Stock Exchange of India and BSE Limited, rewarding IPO investors with immediate listing gains. Continue Reading on Meyka This article is available in…
Canara HSBC Life and HDFC Life operate in one of India’s fastest-growing sectors, life insurance, which crossed ₹8.2 lakh crore in premium income in FY2024. Yet, both companies do not receive the same treatment in the market. HDFC Life trades at a premium valuation and is seen as a trusted industry leader. Continue Reading on…
The global banking group HSBC Holdings plc (ticker: HSBC) has taken a significant financial hit following a court ruling tied to the infamous Bernard Madoff “Ponzi scheme” scandal. The legal blow comes after a long-running saga in which HSBC’s Luxembourg unit was accused of failing to protect investors in funds that placed money with Madoff’s…
In a significant corporate shift, Liv Garfield, the veteran CEO of Severn Trent, has announced she will step down after more than a decade in the top role. Her departure marks the end of an era, as she is set to leave at the end of December 2025. This transition not only signals a change…
In a challenging macroeconomic environment, Wipro Workforce numbers have shown a surprising uptick in Q2, driven largely by a renewed hiring push targeting fresh graduates. As the IT sector growth slows, Wipro’s strategic adjustments in talent acquisition and workforce planning stand out in a crowded field. Continue Reading on Meyka This article is available in…
The Indian share market opened today on a strong note, with both Sensex and Nifty showing signs of another winning session. This rise comes after a week of steady gains, which reflects how investors are feeling more confident about the economy. Global cues also played their part. Asian markets traded higher, while Wall Street closed…