Financial Consultant

  Markets likely to be cautious; Vodafone, HDFC Bank, Vedanta in focus | Avaneesh Parasar CarTrade Tech will make stock markets debut today. The ₹2,998.51-crore initial public offer (IPO) was in a price range of ₹1,585–1,618 per share. The issue was subscribed 20.29 times.  Avaneesh Parasar MUMBAI:   Markets   are likely to be cautious on Friday while trends in SGX Nifty suggest a flat opening of Indian benchmark indices. Markets in India were shut for trading yesterday. Investors will also react to the minutes from the US central bank’s last meeting showed the increasing prospect of reduced monetary stimulus this year. Asian stocks fell Friday as the fast-spreading delta virus strain stoked concerns about economic growth and China’s regulatory curbs sapped sentiment. The dollar was firm and commodities held a decline. Equities slid in Japan, Hong Kong and China, where Beijing is deepening a crackdown on private industry. US futures retreated after modest S&P 500...

  Look out for these Indian unicorn startups’ IPOs | Avaneesh Parasar By 2025, the number of unicorns in India can go up to over 100, according to global management and strategy consulting firm Zinnov.  Avaneesh Parasar Avaneesh Parasar Just now · 4 min read Here’s all you need to know about the IPO-bound train of Indian startups Digitisation has provided an impetus to the startup ecosystem in India. Grocery shopping, responding to work emails, catching up with friends, reading the news — we live in a world where, for all of these activities and more, we turn to our smartphones. Technology has been touted as the game changer for human civilisation ever since the industrial revolution. But it’s only in the last couple of decades that we have seen just how much technology has changed our day-to-day lives. The Indian technology start-up ecosystem continues to be on a growth trajectory on the back of rapid digitalisation and tech adoption as we emerge from the pandemic. At the mom...