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Criminal cases on senior management to be disclosed in IPO offer documents

The recent SEBI ICDR amendments require the disclosure of all criminal proceedings involving senior management in the IPO offer documents. “All criminal proceedings involving key managerial personnel and senior management of the issuer and also the actions by regulatory authorities and statutory authorities against such key managerial personnel and senior management of the issuer shall...
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‘This correction is a good opportunity to pick quality stocks at a discount rather than panic’

The Indian markets have corrected about 15 per cent from their highs in the past six months, a much-needed breather after a strong post-Covid rally. With GDP expected to grow at 6.7-7 per cent, corporate earnings recovering and valuations becoming more attractive, the long-term economic outlook remains strong, said Manish Goel, Founder-Director, Equentis Wealth Advisory...
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Techfino Secures Rs 65 Crore Funding For MSME Lending Expansion

New Delhi, Jun 19 (KNN) Non-banking financial company Techfino has raised Rs 65 crore in funding from Stellaris Venture Partners and Saison Capital, the venture capital arm of Tokyo-listed financial services firm Credit Saison.  The tech-enabled NBFC plans to utilise the capital to expand its branch network, enhance its technology platform, and scale its secured lending...

Nvidia’s AI empire: A look at its top startup investments

No company has capitalized on the AI revolution more dramatically than Nvidia. Its revenue, profitability, and cash reserves have skyrocketed since the introduction of ChatGPT over two years ago — and the many competitive generative AI services that have launched since. And its stock price soared.  During that period, the world’s leading high-performance GPU maker...

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