News Overview

BSE SME-listed Veefin Solutions (Veefin) is the global leader in digital supply chain finance.

Popular Vehicles IPO has allocated shares in the public issue as follows: not more than 50% for Qualified Institutional Buyers (QIB), not less than 15% for Non-Institutional Investors (NII), and not less than 35% for retail investors. The price band for the IPO ranges from ₹280 to ₹295 per equity share, with a face value of ₹2.

Spot gold was up 0.1% to $2,158.26 an ounce. US gold futures dropped to $2,163.50, down 0.1%.

Notably, competitors such as Blinkit and Swiggy Instamart, which directly rival Zepto, currently do not impose a platform fee on grocery orders. However, they do charge a platform fee for food delivery orders, albeit initially at a nominal rate of ₹2. As demand increases, some have even hinted at raising this fee, reaching as high as ₹10 during peak periods to capitalize on heightened demand. This suggests the possibility that Zepto may also explore higher fees in the future.

Nazara's founder, Nitish Mittersain, emphasized the company's specific interest in investing in and acquiring gaming studios globally, targeting India's vast base of 500 million gamers and the significant North American market.

According to the firm, the partnership's goals are to promote Madhya Pradesh as a "premier" tourist destination and encourage sustainable tourism growth.

"The (TPAP license) approval will come before March 15 and most of the checks have been completed," according to one of the individuals.

HDFC NIFTY Realty Index Fund will be managed passively with investments in stocks comprising the Underlying Index subject to tracking error.

Despite rising 0.4% in February as predicted, the CPI's year-over-year gain of 3.2% was only marginally higher than the 3.1% increase that was anticipated. Core numbers exceeded projections as well.

Analysts of IIFL Capital Services raise CRISIL’s and CARE’s EPS by 3%- 4% and cut ICRA’s FY24 EPS by 3% (no change in FY25 and FY26). ICRA remains analysts of IIFL Capital Services top pick. Their Mar’25 TPs for CRISIL/ICRA/CARE for ₹5,029/6,610/1,303.