top of page


Bharat Biotech IPO coming up
Vaccine maker Bharat Biotech is preparing to sell its shares. No further details are known. Bloomberg reports that the approximate amount of the deal is to raise $500 million, citing reliable sources. Bharat Biotech, which started operations in 1996, has already made great strides in vaccine manufacturing. The product line includes the Covid vaccine Covaxin, hepatitis B, and diarrhea prevention drugs. Dr. Krishna Ella and his wife Dr. Suchitra Ella are the founding promoters

Sreekantan S
Mar 71 min read


Cool listing for Clean Max
Clean Max Enviro Energy Solutions shares were listed. The listing price on NSE was Rs. 960. The issue price of the share was Rs. 1,000 - Rs. 1,053. It fell to Rs. 863.70 at one point. The listing took place on the BSE at Rs 952. Experts have advised those who have been allotted to wait patiently. Those who are planning to buy new shares would be wise to wait until the price stabilizes, says Shivani Nyati, an analyst at Swastika Investment Martin.

Sreekantan S
Mar 71 min read


IDFC First Bank Fraud; KPMG to Investigate
IDFC First Bank has appointed KPMG to investigate the ₹590 crore investment scam in Haryana. The bank has decided to conduct a forensic audit immediately. Meanwhile, analysts note that the bank’s share price has fallen to levels that appear to reflect a worst-case scenario following the fraud news. After the ₹590 crore fraud was uncovered in Haryana, the bank’s share price declined by around 16%, resulting in a market capitalisation loss of nearly ₹12,000 crore. Analysts beli

Sreekantan S
Feb 242 min read


Fraud at IDFC First Bank, Share Price Down
A ₹590 crore fraud has been reported at IDFC First Bank. The irregularity was discovered in the Haryana government’s account, and initial findings suggest that bank employees may have been involved. At the time of writing, IDFC First Bank shares are trading 16% lower at ₹70, after having fallen as much as 20% earlier in the day. Reserve Bank Governor Sanjay Malhotra stated that the matter is being closely monitored and that there is no cause for concern. The bank’s capital ad

Sreekantan S
Feb 231 min read


Adani knows India
Why do I love Adani?. Because it is a corporate that prioritizes nation building. Moorachi writes in the language of Kerala, a country where intellectuals who are formed by the word corporates should not be trampled upon and trampled upon. If it can happen to sweet charm China, then it can happen to my India too. Adani Ki Jai!. Adani is going to invest $100 billion in AI data centers and green energy. Another $150 billion will be spent to create infrastructure in India's AI s

Sreekantan S
Feb 212 min read
bottom of page
