IRCTC’s strong business model makes its IPO a good long-term investment

ET Intelligence Group: Longterm investors can consider subscribing to the initial public offering (IPO) of government-owned Indian Railway Catering and Tourism Corp (IRCTC). IRCTC has high cashflow, return on capital employed (over 20 per cent) and dividend payout (45 per cent in FY19). Its dominant market share in railway e-ticketing (over 70 per cent in […]

Video game companies to benefit from $2 million State Government investment in dedicated industry hub for South Australia

UP to 500 jobs are expected to be created in South Australia over the next three years through a dedicated video game industry hub backed by $2 million in State Government funding. The funding announcement, made by Premier Jay Weatherill on Monday,comes after The Advertiser first revealed plans for an industry space to raise the profile […]

Indiagames Founder to start Making an investment in Indian Gaming Atmosphere

HIGHLIGHTS Vishal Gondal is about to launch an early stage fund for gaming. It’ll attention on all aspects of the Ecosystem together with AR, VR, and e-sports. Gondal will take a holistic method, offering mentorship as properly. One of the Indian gaming industry‘s key figures, Vishal Gondal, is ready to make a return. Albeit no […]

India investment Roundup: An Agri-Tech UAV Startup, street ride planning App, and extra

Our present day investment roundup compiles investments in Indian startups engaged in e-trade, EdTech,online recruitment, trip making plans, and agri-tech. Lenskart Eyewear retailer Lenskart has raised Rs. four hundred crores funding from international bank arm IFC, industrialist Ratan Tata and Infosys co-founder Kris Gopalakrishnan, among others. The enterprise will use the collection D investment to […]