Ahead of Diwali, Finance Minister Nirmala Sitharaman on Thursday announced a host of measures to boost the economy. She introduced Atmanirbhar Bharat 3.0 stimulus package for the first time home buyers, farmers, informal sectors and others. The package, which involved subsidies for companies that make fresh hirings, has been in the works for more than three months, focused on helping stressed sectors, middle income groups, MSMEs. But, to what extent the new stimulus can help in economy's revival? Rajeev Dubey, Editor, Business Today explains.
Home First Finance Company is also planning an initial public offering (IPO) and has filed the draft red herring prospectus with the Sebi in December 2019 for which it received approval in January this year
Top companies that hit the primary market with initial public offerings (IPOs) last year included IRCTC, CSB Bank, Ujjivan Small Finance Bank, Prince Pipes, IndiaMart, Neogen Chemicals, Rail Vikas Nigam, Sterling and Wilson Solar, and Affle India among others
IRCTC, CSB Bank, Ujjivan Small Finance Bank, Prince Pipes, IndiaMart,
Neogen Chemicals, Rail Vikas Nigam, Sterling and Wilson Solar, and Affle
India were among the key IPOs that made headlines last year
As part of the bundled offering available on finance, Vodafone Idea
customers will be able to buy a 4G Smartphone at a down payment of just
Rs 799, with a bundled 180-day validity plan offering unlimited local
and national calls and 1.5 GB data per day
Despite being a consumer-friendly economy, India has seen a decline in
consumer durable financing. Offline stores, in wake of sluggish demand,
display discounts round the year. Your mobile phone is buzzed with daily
notifications from e-commerce websites offering various eye-catching
deals, but sale results are not enough.