Public Sector Investments
Qcom unicorn Zepto raises nearly $450 million at $7 billion valuation
Quick commerce unicorn Zepto secures $450 million in fresh funding at a $7-billion valuation, led by CalPERS, with existing investors Lightspeed, Avra, and Nexus participating
 "Qcom unicorn Zepto raises nearly $450 million at $7 billion valuation")
Prosus bets on India as its creates number 1 lifestyle ecom company
PayU India reorganises payments business, tightens credit underwriting
 "Prosus bets on India as its creates number 1 lifestyle ecom company")
Economic Survey 2025 suggests deregulation as a trigger for higher growth
We broadly concur with the Survey's assessment of a pick-up in rural demand on the back of improved crop output, disinflation, and an uptick in domestic investment activity
 "Economic Survey 2025 suggests deregulation as a trigger for higher growth")
Indian importers favour FX options as rupee holds steady, premiums soar
Such structures would, for instance, allow importers to lock in an FX payment due in six months at the dollar/rupee spot rate of 83.96
 "Indian importers favour FX options as rupee holds steady, premiums soar")
State-owned companies outperform pvt firms, here's why it's a problem
State firms have done better than India's benchmark Sensex index for three years straight, and look likely to do so again this year
 "State-owned companies outperform pvt firms, here's why it's a problem")
LIC's new business premium drops 50% to Rs 5,810.1 crore in April
LIC's group single premium declined 65.76% to Rs 2899.63 crore in April while individual single premium dropped by 23.07% to 1014.47 crore
 "LIC's new business premium drops 50% to Rs 5,810.1 crore in April")
Gujarat govt's new PSU policy mandates bonus shares, dividends, buybacks
The market took the development positively, and the shares of most public sector companies in Gujarat rallied 8 to 15 per cent on April 26
 "Gujarat govt's new PSU policy mandates bonus shares, dividends, buybacks")
YES Bank plans to invest Rs 350 cr in JC Flowers, raise $1 bn in FY23
JC Flowers has been named as the base bidder for bad loans worth Rs 48,000 crore of YES Bank
 "YES Bank plans to invest Rs 350 cr in JC Flowers, raise $1 bn in FY23")
LIC owns 4% of all listed stocks in India, more govt bonds than the RBI
LIC manages assets of Rs 39 lakh crores, or more money than the entire mutual fund industry combined.
 "LIC owns 4% of all listed stocks in India, more govt bonds than the RBI")
EMs look attractive in 2020 from a valuation standpoint: Satish Betadpur
Satish Betadpur says polarisation in Indian equities will continue until the investment climate changes and companies get back their pricing power
 "EMs look attractive in 2020 from a valuation standpoint: Satish Betadpur")
RBI keeps repo rate unchanged at 5.15%, stance stays accommodative
The market and economists were expecting a sure cut in the policy review, considering the weak growth rate
 "RBI keeps repo rate unchanged at 5.15%, stance stays accommodative")
Public sector investments likely to witness muted growth next fiscal
The capital spending by the Centre is budgeted to grow at a much slower pace next year
 "Public sector investments likely to witness muted growth next fiscal")
