Ather’s IPO: Attention-grabbing gleanings on EV trade from its DRHP and the way PM E-Drive can provide a booster dose

With plans to go public, Ather Vitality has sought to lift ₹3,100 crore via a mix of recent capital and a proposal on the market (OFS) from present buyers. As per the corporate’s DRHP, in FY24, it reported revenues of round ₹1,700 crore however confronted vital losses of roughly ₹1,000 crore. These losses had been … Read more

Bangladesh disaster might have an effect on medical-tourism to India: CareEdge Scores

Bangladesh is a giant contributor to India’s medical tourism sector and the continued instability might result in a decline in footfalls. CareEdge Scores anticipates that if the unrest persists, the footfalls are prone to decline by 10-15 per cent from Bangladesh throughout 2024.India’s neighbour Bangladesh usually accounts for 50-60 per cent of India’s whole worldwide … Read more

Retail asset secondary market quantity for FY24 touches all-time excessive of ₹2,05,000 cr: CareEdge Scores

The retail asset secondary market quantity (together with pass-through certificates [PTC] issuance and direct task [DA] transactions) for FY24 touched an all-time excessive of ₹2,05,000 crore, registering a development of round 17 per cent in comparison with FY23, based on CareEdge Scores’ estimate. A break-up of retail asset securitisation in FY24 exhibits that PTC and … Read more

Reasonably priced HFCs to develop 30% in FY25, says CareEdge Rankings

Reasonably priced housing finance firms (AHFCs) are set to see a development of 30 per cent in FY25 constructing on the expansion within the final two years, CareEdge Rankings stated in a report on the sector. Housing finance firms that lend to the inexpensive sector noticed subdued development over FY20 to FY22, then there was … Read more