Sources say M2P has also acquired MSD’s full stack AI platform, Vue.ai to double down on its AI and Data first growth strategy.
Market consensus rested on the fact that sideways trading would continue for the next couple of days
A combination of higher demand, growth and healthy balance sheets of ambitious companies and smaller companies seeking an exit are spurring consolidation in the sector
Fintechs have changed core business models, lending flows and processes since the new digital lending norms came into effect in August.
It is understood that the plan is to achieve consolidation of AirAsia India into Air India Express over a one-year period, while also targeting to bring all of the group's airlines businesses under the Air India umbrella by 2024.
The first half of 2022 saw 17 IPOs worth $6 billion in India, with LIC alone raising $2.8 billion. It was the largest IPO in the country's history. Logistics company Delhivery and FMCG company Ruchi Soya raised $0.7 billion and $0.6 billion, respectively.
Globally, the Japanese ad holding company Dentsu is gearing up to compete with the likes of Accenture Interactive, say industry insiders.
Over the long term, 20-25 players are likely to dominate the market versus the current developer count of 400-500, it said
Sales in Tier 1 cities grew 22% between 2015 to 2019; during the same period, sales in Tier 2 cities grew 73%, from 59,390 in 2015 to 76,466 units in 2020, a report by Liases Foras said
Consolidation of real estate assets is a reality and the sector is likely to witness more joint developments, joint ventures and development management agreements between small developers and established players
Retailers who do not adopt effective omni-channel models and provide a differentiating consumer experience are likely to face either consolidation or failure, says Anand Ramanathan, Partner, Deloitte India
Not all real estate firms will be able to weather the storm leading to large scale consolidation. It would first hit smaller towns and gradually shift to metros
Cancellations are expected to increase for recently launched projects with lower customer advance build-up.
PNB has identified 23 internal working groups and will soon float Request for Proposals (RFPs) to appoint a consultant for restructuring products and services that are best-suited for the customers of the merged entity.
Unorganised realtors shrunk by over 50 percent in the top 9 cities, as per a report by PropEquity
Moneycontrol’s Kshitij Anand caught up with the independent market expert on the sidelines of the 2018 Wealth Creator Awards.
Banker Uday Kotak feels there will be strong consolidation in the financial services sector and eventually only five players will dominate the space just like in the global space.
State Bank of India (SBI) will enter the list of top '50 Global Banks' with an asset size of Rs 41 lakh crore after the merger with the associate banks and Bharatiya Mahila Bank.
A 'doji' is formed when the index opens and closes approximately around the same level, but remains volatile throughout the day. This is indicated by its long shadow on either side. It appears like a cross or a plus sign.
Yes Bank, India’s fifth largest bank, may launch its qualified institutional placement (QIP) today, say sources.
Dark clouds of job cuts loom over the telecom sector. The risk running with mergers is that as many as 10,000 employees may lose their jobs over the next year.
There is another important pattern which traders should not overlook which is ‘inside bar’ or insider candle. Inside bar is a two-candlestick pattern in which the inside bar is smaller or within the range of prior bar.
Street may look to continue its bullish momentum from Monday, but trends on SGX Nifty highlight a tepid start. Bharat Financial Inclusion could be on investors‘ radar after it said that 4.5 percent of loan portfolio was at risk of turning bad in Q4.
Post demonetization and regulatory changes the industry is all set to change in a different orbit of growth.