On October 3, discount stock broker Upstox announced that it had completed a buyback of 5% of former Tata Sons chairman Ratan Tata's equity in the business, giving him a 10x return on his initial capital investment as realized. Based on our most recent round valuation of $3.
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We often come across the question of whether e-commerce or retail is best for a business. E-commerce is a replica of business that enables individuals and companies to sell their services or products via the internet. On the other hand, retail refers to the brick and mortar businesses, in which
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The Casual dining chain Barbeque Nation had posted a profit in the quarterly earnings. The restaurant chain is well known for its buffet business model which focuses completely on dine-in. Let’s look at how Barbeque Nation managed to increase its profit amidst the pandemic and lockdown in the major
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CEAT is an Indian based Tyre manufacturing company. The company is owned by the RPG group. The CEAT company was founded in Italy in the year 1924. The company has its headquarters in Mumbai, India. CEAT is considered to be the leading tyre manufacturer in the country with a global
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Reliance Industries which is led by Mukesh Ambani has recorded a rise in its profit of up to 35%. Reliance is one of the leading companies in the oil and telecom sector in the country. The telecom sector has been growing under the brand name Jio and had created a
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In the first quarterly results of the leading lubricant player Castrol India, there was a huge rise in their profit and almost doubling of their net income compared to the previous year. It was announced during the company board meeting which was held on 26 April 2021. Let’s look
airline
India is one of the largest populated countries with over 1.3 billion people in the world with the biggest untapped domestic markets. Even this year, (2021), the Indian government has planned to spend $23.7 billion on building the transport infrastructure of which a huge part of the money
Apple inc
Apple finished 2020 with a bang as it posted another massive quarter, pulling in $111.4 billion in revenue. Its revenue rose over 21% as it logged its most profitable quarter ever despite numerous restrictions created by the pandemic. It’s the first time Apple crossed the symbolic $100 billion