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MAMAEARTH STOCK CRASH
Swiggy back to square one as stock sinks 36% from peak, returns to IPO price. What's ahead?Swiggy's stock has fallen 36% from its peak, returning nearly to its IPO price of Rs 390. Despite a 54% revenue jump, the company's net los...
Inside the Gensol–BluSmart collapse; Wow! Momo’s fresh fundingHappy Friday! Quick-service restaurant chain Wow! Momo is raising Rs 130-150 crore in funding. This and more in today’s ETtech Morning Disp...
Over 800 smallcaps end the week in red. 116 stocks fall in double-digits up to 43%BSE Smallcap fell 2% last week, with 821 stocks declining up to 43%. Market sentiment remained weak due to US recession fears and tariff wa...
ICICI Securities sees Honasa Consumer rallying up to Rs 400, upgrades to buyHonasa Consumer's shares surged 8.5% to Rs 222.10 on the BSE after reporting a Q3 net profit of Rs 26 crore, nearly unchanged from Rs 25.9 ...
Healthkart’s secondary deal; Honasa shares plummetHealthkart has closed a secondary funding round that values the startup at $500 million. This and more in today’s ETtech Top 5.
Honasa Consumer shares plummet to 52-week low on Q2 lossFor the July-September period, Mamaearth parent Honasa Consumer reported a 7% year-on-year (YoY) decline in operating revenue at Rs 462 cro...
Sensex drops 600 pts, Nifty below 23,400 as slow earnings and FPI outflows weigh on investor moodStock Market Today: Indian benchmark equity indices traded lower on Monday, weighed down by concerns over slowing earnings growth and forei...
India can't be the third largest economy without self-reliant energy sources: Manish Chokhani, Enam GroupManish Chokhani of Enam Group emphasizes the importance of energy independence for India to become the third largest economy. He draws para...
RVNL, REC among BSE500 stocks defying today's market downtrendDespite gains for RVNL, CAMS, and REC, the bearish market saw Sensex and Nifty crashing. RVNL gained 8%, CAMS 4%, and REC over 3%. Mahindra...
Byju Raveendran in fire-fighting mode amid crises; Gameskraft’s FY23 profit, revenue riseBattling crises on multiple fronts, Byju’s founder Byju Raveendran revealed his plans to tackle the liquidity crisis in a call with senior ...
Startups and their new normal: Funding crunch, disgruntled employees and allegations of fraudWith the global liquidity situation changing, institutional investors were no longer interested in waiting patiently for startups to go hyb...
ETMarkets Smart Talk: Defense, railways among top 6 sectors which will be in focus in Budget 2023: Sonam SrivastavaWe do expect the January effect to come into play and we expect the budget-linked sectors to rally. So in 2023, while the Indian markets mi...
Mamaearth, Cult.fit snap up offline firms; Jio Platforms to bet $200M on GlanceWhile it may be too early to call it a trend, these aren’t the first tech startups to acquire old-school firms since the start of the pande...
What 2022 holds for tech; Ola’s EV ambitions hit a hurdleAs the pandemic took hold, technology played a bigger role in everyone’s lives this year, whether through work-from-home, online deliveries...
Crypto bill may skip winter session; SoftBank bets on Indian fintech againNow, having listed the bill for the winter session, the government may back out again for – you guessed it – more reworking. Crypto deja vu...
A week of crypto chaosThis week, a bulletin published by the Lok Sabha for the Cryptocurrency and Regulation of Official Digital Currency Bill, 2021, spooked the...