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 […]

Ace Fashion Designer Anita Dongre Finds Her Inspiration From Strong Women

Fashion designer Anita Dongre says she has faced numerous challenges throughout her career, but she always found inspiration in the strength of women around her. Her label AND has launched videos of women and their inspiring stories of overcoming challenges through their initiative ‘ANDiRISE’. “Having faced a number of challenges throughout my career, I have […]

Windows 10 Now on Over 200 Million Devices; Lumia Q4 Sales at Just 4.5 Million, Surface Going Strong

Like a friendly but persistent sales rep, Microsoft has a message for anyone who owns a personal computer: If you haven’t yet upgraded to Windows 10, the company highly recommends it. So highly, in fact, that in coming weeks, PC owners who have set their machines to automatically install important updates – like security fixes […]

Dorsey-Led Square Posts Strong Results in First Quarterly Report Since IPO

Mobile payments company Square Inc’s revenue beat analysts’ estimates in its first quarterly results since going public in November, easing pressure on CEO Jack Dorsey who is also leading turnaround efforts at Twitter Inc. Square’s shares rose as much as 7 percent after market on Wednesday, before giving up some of the gains. The stock […]