Tag: icici securities

India to announce October-March borrowing plan on Thursday, sources say
Posted in Economy

India to announce October-March borrowing plan on Thursday, sources say

The Indian government is likely to announce the country’s market borrowing plan for October through March on Thursday, two sources told Reuters on Wednesday, with…

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A bird flies past the facade of the ICICI bank head office in Mumbai, India.(Reuters)
Posted in Business

Why Sebi is facing criticism over ICICI Securities, ICICI Bank merger

Amid the ongoing row between a New York-based short seller and the Indian market regulator, a completely different controversy is brewing. It involves the country’s second-most-valuable bank, and…

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Posted in Startups

blinkit: Rivals gain as Blinkit riders continue strike in NCR

Tata-owned BigBasket, Nexus Venture Partners-backed Zepto and Swiggy’s Instamart have seen a surge in orders in the Delhi-National Capital Region, after Zomato-owned Blinkit’s delivery executives…

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zoho: Zoho India FY22 profit rises 43% to Rs 2,748.83 crore
Posted in Startups

Blinkit strike: Zomato-owned company tells riders it is shutting some Delhi-NCR stores permanently

Zomato-owned quick-commerce platform Blinkit has told protesting delivery executives that it is shutting some of its dark stores in Gurgaon and Delhi in the backdrop…

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zoho: Zoho India FY22 profit rises 43% to Rs 2,748.83 crore
Posted in Startups

Blinkit Workers strike: Zomato-owned Blinkit to lose about 1% revenue due to delivery workers’ strike: ICICI Securities

Zomato has already lost approximately 1% in revenue from its grocery delivery business Blinkit and around 0.15% of consolidated revenue for the first quarter (Q1)…

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zoho: Zoho India FY22 profit rises 43% to Rs 2,748.83 crore
Posted in Startups

Delhivery Share Price: Tiger Global sells another 1.6% stake in Delhivery via open market for Rs 388 crore

Venture capital fund Tiger Global Management has sold another 1.6% stake in Delhivery through the open market today. Through this sale, the venture capital firm…

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Reserve Bank of India has 'enough valid reasons' to pause rate hikes in April – ISEC PD
Posted in Economy

Reserve Bank of India has ‘enough valid reasons’ to pause rate hikes in April – ISEC PD

India’s rate-setting committee has “enough valid reasons” to pause hikes when it meets next in April, as risks to economic growth become more acute in…

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Foreign investment flow slows, but surging services exports may lead to current account surplus in Q4
Posted in Economy

Foreign investment flow slows, but surging services exports may lead to current account surplus in Q4

India’s external account faces slowing foreign fund inflows — both in direct investment as well as portfolio flows — as a fallout of monetary tightening…

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Life insurance stocks good bets now: 5 stocks with up to 37% upside potential
Posted in Finance

Life insurance stocks good bets now: 5 stocks with up to 37% upside potential

Budget proposals restricting tax benefits for non-Ulip insurance policies and increase in benefits in the new tax regime have heightened price volatility of insurance stocks….

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Posted in Economy

Rising interest rates to upset Modi’s Budget math on small savings

India last week proposed a lower-than-expected market borrowing program, as part of a plan that sought to bridge its budget deficit by boosting reliance on…

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