Mega IPOs Turn Into Mega Disasters: Can HDB Financial Break the ₹10,000 Crore Curse?

The Indian IPO market has witnessed a troubling trend—mega public offerings (IPOs) above ₹10,000 crore have repeatedly disappointed investors. From Paytm (2021) to LIC (2022), high-profile debuts have turned into long-term losses. Now, HDB Financial Services, the NBFC arm of HDFC Bank, is preparing for a ₹15,000 crore IPO in late 2025. This blog examines:…

IPO

Karnataka Bank’s CEO & Executive Director Resign: Board Accepts Resignations – What’s Next?

In a significant leadership transition, Karnataka Bank’s Managing Director & CEO, Mahabaleshwara M.S., and Executive Director, Sekhar Rao, have resigned from their positions. The bank’s board has accepted their resignations, effective immediately, marking a pivotal moment for the private sector lender. This blog delves into the reasons behind their exit, the interim leadership structure, market…

Karnataka Bank

‘I Stopped Using Google Pay’: Sania Mirza’s Sister Reveals Why She Deleted UPI Apps

In a surprising revelation, Anam Mirza, sister of tennis star Sania Mirza, recently announced that she has stopped using digital payment apps like Google Pay, PhonePe, and Paytm. Her decision has sparked discussions about privacy, security, and financial autonomy in the age of UPI-driven transactions. This blog explores: ✔ Why Anam Mirza quit UPI apps…

Sania Mirza

Union Bank of India ED Pankaj Dwivedi Removed, Demoted as GM at Punjab & Sind Bank: What Happened?

Shocking Banking Sector Shake-Up: Senior Banker Pankaj Dwivedi Reassigned in Major Downgrade In a surprising move that has sent shockwaves through India’s banking industry, Pankaj Dwivedi, Executive Director (ED) of Union Bank of India, has been removed from his position and demoted to General Manager (GM) at Punjab & Sind Bank. This abrupt decision by…

Pankaj Dwivedi

Globe Civil Projects IPO to Open on June 24: Fresh Issue of ₹150 Crore – Key Details, GMP, & Should You Invest?

Breaking News: Globe Civil Projects IPO Date Announced – 100% Fresh Issue, No OFS The much-anticipated Globe Civil Projects Limited IPO is set to open for subscription on June 24, 2025, with a pure fresh issue of ₹150 crore. The company, a leading civil construction and infrastructure firm, aims to utilize the proceeds for working…

IPO

SEBI Bars Sanjiv Bhasin and 11 Others for Alleged Stock Manipulation: Key Details & Market Impact

Introduction The Securities and Exchange Board of India (SEBI) has taken strict action against Sanjiv Bhasin, a well-known market expert, and 11 other entities for their alleged involvement in stock price manipulation. The regulatory body has imposed a trading ban and monetary penalties, sending shockwaves through the Indian financial markets. This blog covers: ✔ Who…

SEBI

American Express Plans ‘Largest Investment Ever’ in Platinum Credit Card: What to Expect?

Introduction American Express (Amex), a global leader in premium financial services, has announced its biggest-ever investment in the Platinum Credit Card segment. This strategic move aims to enhance rewards, benefits, and exclusivity for high-net-worth customers, reinforcing its position against rivals like Chase Sapphire Reserve and Capital One Venture X. In this blog, we explore: Why…

American Express

Bajaj Finance Shares Adjust to Bonus and Stock Split: Why You Should Ignore the 90% “Plunge”

Introduction Bajaj Finance Ltd. (BFL) shares appeared to crash by ~90% on stock market screens, sparking panic among retail investors. However, this dramatic drop was not a real crash—it was a technical adjustment due to a bonus issue and stock split. This blog explains why the “plunge” is misleading, how bonus and split adjustments work,…

Bajaj Finance