Sun, Oct 1, 2023 4:55 PM
Hyundai reports highest ever monthly sales in September at 71,641 units
A Flip by Shubhangi Gupta
European fintech companies, Pennylane, Qonto, Agicap, Pleo, and Mollie, rely on Chift to manage integrations with other services. This implies they utilize Chift's platform to streamline connections and interactions with external providers, resulting in cost savings, increased efficiency, & enhanced customer experiences, ultimately driving revenue growth & improving their financial bottom line.
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Sebi has directed merchant bankers to ensure private equity investors do not have special rights in IPO-bound companies, with the goal of ensuring no superior rights over public shareholders. The rights will now fall away at the stage of filing an updated DRHP, rather than upon listing of IPO shares. This may create complexity and risk for PE investors, who may struggle to restore their rights.
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HCC, a penny stock, has delivered substantial returns, surging 1113% from ₹4.4 in June 2020 to ₹53.4 currently. In the past three years, the stock has surged 391%, and in the last year, it has gained 153%. HCC reported a 22.12% increase in consolidated net profit in Q4FY24, with a total income of ₹1,813.05 crore. Brokerages like Elara Securities and ICICI Direct have a 'buy' rating.
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