"We believe Happiest Minds IPO offer gives investor a unique opportunity to own a digital product engineering company. We see digital engineering business is growing much faster than traditional IT business and it is well positioned to overcome the business challenges due to the COVID-19 pandemic with high exposure into 'edutech' and 'high tech' verticals which have grown faster during the pandemic and enabling the company to grow at around 20 percent YoY whereas the industry has slowed down to around 8-10 percent," said Prashanth Tapse, AVP Research at Mehta Group who advised investors to subscribe to this offer. … [Read more...] about Happiest Minds Technologies trades at over 60% premium in grey market
For one, the market for digitising documents is huge. Not just startups, even technology giants such as Adobe and Microsoft, with its Lens product, have set sights on this market. These are companies with decades of experience in the digital work and productivity space and no shortage of cash. … [Read more...] about This Indian startup wants to be the new CamScanner, without abusing data. Will it work?
Phillips Carbon Black Ltd (PCBL) is a part of RPG Group and the largest carbon black manufacturers in India by capacity and 7th largest carbon black company globally.Post-COVID era, PGBL is expected to benefit from a shift towards personal mobility and pent up demand in automobiles. The company continues to expand its product portfolio of high-performance high-margin grades for both rubber and specialty black applications. … [Read more...] about Portfolio strategy: Mix ‘COVID-proof’ and ‘COVID-recovery’ stocks; here are 7 top buys
APIs are the raw materials that give drugs the intended therapeutic effect. COVID-19 has rocked the global API hub China with several units shutting down. Consequently, the world is looking to reduce its exposure to China, and India, with its ready infrastructure and skillsets, has emerged as one of the preferred alternatives. The government is also pushing for greater domestic manufacturing with special API parks & incentives for the segment. … [Read more...] about Promoters of Hyderabad-based Granules India revive exit plans
Bengaluru-based electric vehicle startup Ather Energy has taken big strides over the past two years thanks to its launches and due to the backing of Hero MotoCorp since December 2016. Through a recent infusion of Rs 84 crore into the company, Hero MotoCorp has hiked its stake in Ather to 38.57 percent (34.58 percent on a fully diluted basis) from 35.10 percent (31.27 percent on a fully diluted basis) giving the startup a valuation of Rs 2,100 crore. … [Read more...] about Hero MotoCorp’s ride into two-wheeler EV market faces family-pact speed bump