The ‘high command’ culture must give way to intra-party democracy.

On a day that celebrates the invention of the photographic process, an amateur reflects on the changing times

There is truly a lot to celebrate and be grateful for this festive season

Can migrating to apparently safer platforms ensure a greater degree of privacy in the world of satellite communication, computers and programming? Read on

India’s valuation premium of over 100 percent over EM rivals is a bit discomforting, say experts

Regulatoir sent show-cause notice for providing advisory services without requisite registration

Retail portion covered fully on Day 1

Swiggy IPO sees slow start amid US election buzz

Apollo Hospitals and Tata Steel up more than 6%, followed by HCL Tech (0.66 per cent), Coal India (0.61 per cent), and TCS (0.46 per cent)

Geojit considers Swiggy’s strong brand recall, diversified offerings, integrated app, rapid scaling, consistent innovation, expansion of dark stores, and promising industry outlook.

According to Rajan Shinde, Research Analyst at Mehta Equities, Swiggy’s market cap to sales ratio of 7.8x appears fairly valued compared to competitor Zomato.

Analysts view Swiggy’s diverse portfolio, encompassing food delivery, grocery services, and restaurant reservations, as a competitive advantage over rivals like Zomato.

Swiggy confronts intense competition from Zomato in the food delivery sector, potentially impacting its market share and customer acquisition costs.

Macrotech Developers acquires Bain Capital’s stake in three joint digital infrastructure platform entities for Rs 307 crore

Swiggy IPO: Retail portion booked 0.84 times, QIBs 0.28 times, NIIs 0.14 times, and employee portion 1.15 times.

While acknowledging Swiggy’s growth potential in hyperlocal commerce, Bajaj Broking cautions investors about ongoing financial risks.

Metal and technology stocks led the slide

Swiggy operates in an oligopoly market: Motilal report

The collaboration will support EaseMyTrip’s existing co-branded credit and debit card programs with its bank partners, while also paving the way for new co-branded credit card launches

Swiggy’s B2C operations account for 61 per cent of revenue and its B2B supply chain segment contributes a substantial 39 per cent, marking a key distinction from Zomato’s business structure

Experts believe that the markets may consolidate in the near term, with key support levels at 23,800-24,000 for the Nifty 50

Sharekhan

Emkay Global

Damodaran emphasises the importance of accountability, suggesting that the SEBI chairperson report to Parliament biannually

Trump will have future opportunities to appoint or replace at least one Fed governor and possibly impact other key leadership roles, but the central bank’s independence remains a core principle

Sensex, Nifty updates on November 8, 2024: Indian equity indices ended lower on TFriday, with the Sensex down by 55.47 points at 79,486.32 and the Nifty falling 51.10 points to 24,148.20. Market breadth was negative, with 1,314 shares advancing and 2,475 declining. Sector-wise, IT gained 0.7 per cent, while media, PSU Bank, and metals dropped. Midcap and smallcap indices shed 1 per cent and 1.6 per cent, respectively.

Issue subscribed 0.35 times so far with retail investors portion receiving 0.85 times

Buzzing stocks: Tata Power, MOIL, Lodha, Aurionpro, Brigade group, Rushil Decor, INOX India, Northern Arc, Embassy REIT, SBI, LIC, Ola, Tata Motors, Premier Energies, Ashok Leyland, Equitas SFB

Thanks to higher participation from retail investors, offer subscribed 0.7 times so far

Global markets are positive but analysts concerned over local macros

Thousands of people have visited the clinic since its launch in 2022 thanks to friendly doctors; those coming from outstations find it difficult to make multiple trips; they also want a hostel for those visiting the clinic since they are not welcome at lodges, says an activist

The CBI in Madurai had issued the notice to the private finance company official to cooperate in the investigation into the case of gold jewellery missing from Punjab National Bank, Pudukkottai Branch, in 2019

According to a copper plate of the Muthukumara Vijayaragunatha Sethupathi Kaathathevar, one will incur the sin of killing a Kaaram Pasu, if one misappropriates the proceeds from Pakkiri Puthukulam village donated to the Habil and Qabil Dargah, which is a few yards away from the house of late President A.P.J. Abdul Kalam

Chettikulam Deivanayagam started a school for girls in 1904. It was named after his wife Thayammal who died young. He introduced free meals and followed reservation in admission. He also started a teachers’ training institute in 1947