In October 2024, the Indian stock market saw one of the largest sell-offs by foreign institutional investors (FIIs) in recent history. FIIs sold a massive ₹82,000 crore (about $10 billion) in just a single month.
Let’s understand why this happened🧵👇
A €3.8 million Paris apartment belonging to India's Deputy Chief of Mission was seized by French courts in 2022.
The reason? A decade-old satellite deal gone spectacularly wrong. This is just the beginning of a global hunt for Indian assets.🧵👇
Delhivery just announced something very interesting: it's acquiring its arch-rival Ecom Express for ₹1,407 crore in cash.
The shocking part? Less than a year ago, Ecom Express was valued at ₹7,300 crore and preparing for an IPO. Now it's being acquired for just 20% of that
ITC, one of India’s biggest business groups, recently announced its quarterly results.
ITC’s size means its results give us a sense of what’s happening across India’s economy.
To give some context, ITC operates in a variety of sectors, including cigarettes, FMCG, agriculture,
A recent investigation by the Securities and Exchange Board of India (SEBI) uncovered a major front-running scam worth around ₹65 crores in the stock market. And to everyone’s shock, the man at the center of it all was none other than Ketan Parekh.
You’ve probably heard of
Hindustan Unilever Limited (HUL), India’s largest FMCG company, is introducing a new approach to deliver its products directly to retail outlets - the direct-to-Kirana model, which could replace the traditional distribution system.
Something remarkable just happened in Indian corporate boardrooms. After nine years of silence, Tata Sons chairman N. Chandrasekaran sat down with SP Group chairman Shapoor Mistry for a private meeting. No public details, but the very fact they're talking is monumental.🧵👇
SEBI just wrapped up one of the most bizarre stock fraud cases in years. And at the centre of it? Not a stockbroker or a backroom operator, but Hemant Ghai, a former CNBC Awaaz anchor millions trusted for market advice. 🧵👇
Something remarkable happened in India on May 26. Electricity prices on the power exchange crashed to almost zero. Not cheap - practically free. For several hours between 9 AM and 1 PM, power was trading at just 11 paise per kilowatt-hour.🧵👇
