Four major myths about Indian investors junked by Zomato IPO When Zomato listed ahead of schedule on 23 July, it created a few records. But it also busted 4 major myths that we harbored about the Indian investors and digital IPOs of loss-making stocks. Who wants digital IPOs? Don’t ever ask that question again. The…
Will Vodafone Idea really be able to sail through Fiscal 2022? In the last few months, FPIs, MFs and even banks have been asking a question in hushed tones. Their worry is, whether Vodafone Idea can see through FY22. Is the situation really so serious and what could be the likely repercussions? AGR verdict is…
Government must avoid the temptation of selling it too cheap Over the last few months, the staff of BEML Kanjikode in Kerala have held a series of protests against the proposed divestment of BEML. The government plans to sell 26% stake to private firms and Tata Motors, Bharat Forge and ALL are among those shortlisted.…
How does this latest acquisition fit into the Reliance Retail story? On 15 July, Reliance Retail announced that it would pay over Rs.5,400 crore to buy a 67% stake in Just Dial. This would make Reliance the largest shareholder and reduce Mani’s take to 10.35%. How is the deal structured? The Reliance Retail buyout of…
How should investors approach IPOs of loss making companies? With Zomato IPO getting a stupendous response and many more digital IPOs like Paytm, Nykaa and MobiKwik on the anvil; there is a big question. How do investors assess the prospects and value of loss-making IPOs in primary markets. Right place at the right time This…
Why the takeover by Adani should be positive for MIAL During the week, Adani Airports took full control of Mumbai International Airport Limited (MIAL). This deal has been on for some time but eventually, the GVK group of Hyderabad relented and sold their stake in MIAL to Adani, giving the latter majority control. This is…
The 44th RIL AGM set the tone for the big Green Shift Any Reliance AGM over the years has been significant. The 44th AGM of RIL was no different. The signals were there all along, but the AGM marked the shift to a future driven by green energy. Of course, there was a lot more…
It may eventually boil down to Carlyle sweetening the offer price PNB and PNB Housing have been in the news in the last few weeks for all the wrong reasons. More than anything, it has now become a serious corporate governance issue. Here is the story. Selling a stake to Carlyle It began when PNB…
It now looks like Fed rate hikes may be easier said than done During the week, the Fed testimony by Jerome Powell was the big global event. Clearly, there were the likes of Bullard in the committee veering towards early rate hikes while Neil Kashkari and others were veering towards a longer spell of low…
Indian Ethanol story can be much bigger but there are challenges too In the last few months, the media is rife with reports on how Ethanol could just turn around sugar stocks. That is largely true and it is more than sugar. But then, the ethanol story in India has its unique set of challenges…
