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Starlink Awaits Indian Approval for Satellite Broadband Services: Competition Heats Up
Elon Musk's Starlink, a satellite internet company, seeks approval for its India operations. Competition heats up in the GMPCS services sector.
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Nifty Bank Analysis for Tuesday Intraday Trade Setup – 12/09/2023
Read our comprehensive analysis of Bank Nifty for Tuesday's intraday trade setup on 12/09/2023. Learn about the technical factors, support and resistance levels, and trading strategies to make informed decisions.
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Nifty Reaches 20,000 Mark Amidst G20 Optimism and Strong Fundamentals
Nifty 50 has finally breached the 20,000 milestone, driven by optimism stemming from India's role at the G20 summit.
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Railway Stocks Rally Up to 15% After G20 Summit Announcement
Railway stocks rally up to 15% after G20 summit announcement. Government order book and modernization programs boost rail stocks.
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Market
Indian skincare startup Mamaearth puts IPO on hold amidst weak market conditions
Indian skincare startup Mamaearth has reportedly put its IPO on hold due to weak market conditions. Mamaearth had planned to raise $200-300 million through the issuing of new equity and an offer for sale of some existing shares, but is now in a "wait and watch mode" amidst global stock market turbulence.
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News
Indian Government Assures Support to Startups Amidst Silicon Valley Bank Collapse
In the wake of the Silicon Valley Bank collapse, Union Minister Rajeev Chandrasekhar assures support to startups and investors facing difficulties in recovering their deposits and transferring funds. The article discusses potential solutions suggested by the minister and the startup community.
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Market
FPIs turn net buyers in Indian stock markets after two months of selling
Foreign portfolio investors turn net buyers in Indian stock markets in March 2023, buying assets worth Rs 7,936 crore, NSDL data shows.
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Market
SEBI Plans to Amend Stock Option Rules for Founders of Tech Startups
SEBI is considering amending its stock option rules to prevent founders of tech startups from owning shares under ESOPs, similar to promoters. This move comes after concerns were raised over the use of trust structures to reduce equity holdings.
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Market
Spacenet Enterprises to Acquire Stake in String Metaverse: Strengthening the GameFi Landscape
Discover the latest move by Spacenet Enterprises as it unveils plans to acquire a significant stake in String Metaverse Limited, a pioneering GameFi startup with a focus on fostering gaming communities. Understand the potential impact of this collaboration on the fintech and gaming landscape.
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