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Mufti jeans brand owner Credo Brands Marketing Ltd files DHRP with SEBI for IPO-thumnail

Mufti jeans brand owner Credo Brands Marketing Ltd files DHRP with SEBI for IPO

Credo Brands Marketing Ltd, renowned for its highly sought-after Mufti jeans brand has recently lodged preliminary documents for an initial public offering (IPO) in India. This proposed IPO entails a complete offer for sale by current shareholders and promoters. Noteworthy is the fact that the company commands a substantial market share in the men’s casual wear sector and boasts an extensive network of 1,773 touchpoints nationwide.

Business

Jul 14, 2023

BYD awaits approval for 1$ bn EV’s and batteries manufacturing unit-thumnail

BYD awaits approval for 1$ bn EV’s and batteries manufacturing unit

BYD Co, a Chinese company has recently put forth a proposal to invest a substantial amount of $1 billion in the development of electric vehicles and batteries in India. In

Automotive

Jul 14, 2023

Myntra to support and mentor 200 D2C brands under its Rising Stars Program-thumnail

Myntra to support and mentor 200 D2C brands under its Rising Stars Program

The Rising STARS program of Myntra seeks to foster the growth of 200 Direct to Consumer fashion and lifestyle brands in India. By providing these brands with valuable brand-building skills, heightened exposure, and strategic support. Myntra enables them to tap into India’s thriving digital market. It is estimated that this market will attract 400 450 million shoppers by 2027 presenting immense opportunities for expansion. Furthermore. The fashion D2C industry is projected to reach a value of $43.2 billion by 2025. With Myntras program. These brands are well-positioned to capitalize on such promising prospects.

Business

Jul 14, 2023

US federal court denies FTC’s request to block $69 Microsoft-Activision deal-thumnail

US federal court denies FTC’s request to block $69 Microsoft-Activision deal

In an unexpected twist. A US federal court has declined the FTC’s request to halt Microsofts $69 billion acquisition of Activision Blizzard. This court ruling follows a previous favorable ruling

Business

Jul 14, 2023

Labour’s Danny Beales Prioritizes Economic Concerns in Battle for Uxbridge and South Ruislip-thumnail

Labour’s Danny Beales Prioritizes Economic Concerns in Battle for Uxbridge and South Ruislip

In the race to fill the parliamentary seat of Uxbridge and South Ruislip, the opposition Labour Party candidate, Danny Beales, is making the concerns of the constituency’s voters his primary focus. Rather than engaging in direct attacks on former Prime Minister Boris Johnson, Beales is concentrating on issues that he believes are troubling the electorate, such as high inflation, weak economic growth, car charges, rising taxes, and mortgage costs. While the looming general election within the next 18 months presents an opportunity for Beales to secure the seat, it also serves as a partial referendum on the leadership of Prime Minister Rishi Sunak.

Economy

Jul 14, 2023

Global risk assets benefit from a falling US dollar-thumnail

Global risk assets benefit from a falling US dollar

The dollar is weakening quickly as a result of slowing U.S. inflation, which will be good for risk assets globally. The dollar has dropped over 13% in value relative to

Economy

Jul 14, 2023

Zomato lends their sweet support to ISRO’s Chandrayaan 3 launch! This is what the delivery company said-thumnail

Zomato lends their sweet support to ISRO’s Chandrayaan 3 launch! This is what the delivery company said

Zomato sent a dahi cheeni as good luck offering to ISRO’s forthcoming Chandrayaan 3 expedition. The gesture went viral on social media. The popular food delivery company Zomato took to

E-Commerce

Jul 14, 2023

India’s UPI is to be available in France soon at the Eiffel Tower site says PM Modi-thumnail

India’s UPI is to be available in France soon at the Eiffel Tower site says PM Modi

Prime Minister Narendra Modi has declared the Unified Payments System (UPI) which has achieved great success in India and will now be launched in France. This groundbreaking step aims to provide Indian tourists with the opportunity to make payments in rupees without the hassle of forex cards or cash. UPIs ongoing progress is evident through its recent agreements with Singapore and France. And there are further plans to extend its services to the United States, Europe, and West Asia.

Business

Jul 14, 2023

Jio Financial Services to Join multiple FTSE indices on 20th July-thumnail

Jio Financial Services to Join multiple FTSE indices on 20th July

Come July 20th, Jio Financial Services – a subsidiary of Reliance Industries Ltd – is poised to join multiple FTSE indices. As for when it will officially begin trading remains

Finance

Jul 14, 2023

Senco Gold’s, Jewellery retailer stock debut on bourses at a 35% premium-thumnail

Senco Gold’s, Jewellery retailer stock debut on bourses at a 35% premium

The opening day of trading for Senco Golds’ stock on July 14th brought about considerable excitement with an impressive premium of 35.96%. This boost can be attributed to several factors

Finance

Jul 14, 2023

In the last 10 quarters, institutional investments in the office sector reached $1.8 billion-thumnail

In the last 10 quarters, institutional investments in the office sector reached $1.8 billion

In Q2 2023, institutional investments in the office sector reached $1.8 billion, the highest level over the previous 10 quarters, indicating continued investor confidence in the sector’s prospects for development and return.

Business

Jul 14, 2023

Foxconn in talks with TSMC, TMH to manufacture chips in India after Vedanta JV fallout-thumnail

Foxconn in talks with TSMC, TMH to manufacture chips in India after Vedanta JV fallout

Foxconn is currently engaged in discussions with TSMC and TMH Group exploring the possibility of establishing a joint venture in India’s semiconductor sector. After their chip partnership with Vedanta Group

Industry

Jul 14, 2023


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