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😎 Among stratospheric valuations posted by other new-age IPOs, Meesho has opted for a fairly modest valuation. Will this e-commerce firm buck the trend? #EditorsPicks Nalin Mehta -- Its IPO price band is priced at ₹105–₹111 per share, valuing it at just above ₹50,000 crore. This came after the company slashed its Offer-for-Sale (OFS) by nearly 40%. -- Meesho’s latest numbers show improving unit economics: 👉 Contribution margins rising 👉 Cost controls tightening 👉 Free cash flow turning positive -- Read Anishaa Kumar's story on Meesho's upcoming listing and what market experts make of it: https://lnkd.in/gDHkVQBt -- To stay ahead of India’s big listings and market moves, subscribe to Editor's Picks by Nalin Mehta, our flagship newsletter: https://lnkd.in/dDduN-97

Chinese brands grab one-third of India’s electric car market Details here⤵️ https://lnkd.in/garq-MdF #China #India #Electric

🏦 Currently, India has 12 state-owned banks. This figure might come down to just 4️⃣, according to government sources. How would the government achieve this? What happens to your money? Let's dive in 🤿 -- The potential 'big four' are: 👉 State Bank of India (SBI) 👉 Punjab National Bank (PNB) 👉 Bank of Baroda (BoB) 👉 A merged Canara Bank + Union Bank of India -- ➕ Mid-sized banks like Indian Overseas Bank (IOB), Central Bank of India (CBI), Bank of India (BoI), and Bank of Maharashtra (BoM) are expected to be absorbed by SBI, PNB or BoB. -- But why would the government want this? 💪 The move aims to create fewer but stronger banks that have deeper balance sheets, efficient operations, and increased ability to fund credit demand. -- Read Meghna Mittal's story with more details here: https://lnkd.in/gmB49FPb -- For more clear, timely breakdowns of policy and finance news, subscribe to Editor's Picks by Nalin Mehta: https://lnkd.in/dDduN-97

#WATCH 🚨 Renuka Chowdhary on the ‘puppy in Parliament’ row “A scooter hit a car, this little puppy was wandering on the road… I picked it up so it wouldn’t get hurt. I brought it in the car, sent it back home — what’s the issue? The real ones who bite are sitting in Parliament. They run the government. We care for a mute animal, and this becomes a national topic?” #RenukaChowdhary #Parliament #Politics #ViralStatement

#India | Centre confirms GPS spoofing near Delhi airport, says contingency measures used to help flights More Details ⬇🔗 https://lnkd.in/gA7iS8qC

#WATCH | Parliament Winter Session: FM Nirmala Sitharaman tables three key Bills on excise, health security and GST, amid loud opposition protests and chaos inside the House. #WinterSession #NirmalaSitharaman #Parliament #GST #Politics #OppositionProtest

#Business | GST collections slow to a 12-month low of Rs 1.7 lakh crore in November Ishaan Gera with details ⬇🔗 https://lnkd.in/gkqfHE3f

#AutoWithMC | Maruti Suzuki sales up 26% YoY in November More Details ⬇🔗 https://lnkd.in/gzqFd6dZ

🚨 Just ONE day to go! 🚨 India’s biggest electronics & semiconductor summit is here! Top policymakers to industry leaders and visionary founders — catch them all in Lucknow for the UP Tech Next Summit, exclusively on Moneycontrol! 📅 December 2 | 4:00 PM onwards 📍 Lucknow ✅ Register now: https://lnkd.in/gXSBH9Kd #UPTechNextSummit

#Business | Paying tax fine under CBDT 'Nudge' scheme won't erase PMLA, FEMA violations, say legal experts Pavan Burugula with details ⬇🔗 https://lnkd.in/gHjbA-Mr