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Buying a car used to be very difficult before the internet emerged because the industry was just too scattered. Today we have a lot of online portals that will take you through the process effortlessly. One such portal is CarDekho. Founded by Amit Jain and Anurag Jain in 2008, CarDekho is a prominent car search venture that helps users find fitting new and old car variants and buy them without any hassles. CarDekho - Company Highlights CarDekho - About the Company CarDekho is the product of ‘GirnarSoft’ owned by the founder duo, Amit and Anurag Jain. CarDekho is a web app that has almost anything and everything about an automobile. Both the app and the CarDekho.com website boast rich automotive content including but not limited to expert reviews, detailed specs, and prices of cars, comparisons of cars, pictures, and videos of an exhausting range of car brands and models available in India. CarDekho not only lists vehicles for trade but also offers users a platfo...

Hindustan Unilever Limited (HUL) is a British-Dutch assembling organization headquartered in Mumbai, India. The items of Hindustan Unilever Ltd incorporate nourishments, drinks, cleaning specialists, individual consideration items, water purifiers, and purchaser merchandise. HUL was set up in 1933 as Lever Brothers and following the merger of its constituent gatherings in 1956, HUL was renamed Hindustan Lever Limited. The organization was then renamed in June 2007 as "Hindustan Unilever Limited". At the start of 2019, the Hindustan Unilever Limited portfolio had 35 items marked in 20 classifications and utilized 18,000 representatives with offers of Rs. 34,619 crores in 2017-18. In December 2018, HUL reported its procurement of Glaxo Smithkline's India business for $3.8 billion out of an all value merger manage ratio of 1:4.39.However, the joining of 3800 representatives of GSK stayed questionable as HUL expressed there was no provision for maintenance of work...

Established in 1910, ITC Limited is one of the largest Indian conglomerate companies. It has diversified into multiple business areas, including tobacco manufacturing, food processing, retailing, and financial services. The company's name ITC was originally an acronym for Imperial Tobacco Company of India Limited. In 1970, it was renamed India Tobacco Company Limited (ITC full form). India Tobacco Company Limited was later abbreviated as I.T.C Ltd in 1974. And as of now, it stands for just 'ITC limited'.  Basic Information About ITC Limited Following is the basic information about ITC Limited, including details about the company owner, headquarters, market capitalization, and more. ITC History Timeline Following is the history and timeline of ITC expansion over the years- .1910: ITC was established and founded as a Private Limited Company under Imperial Tobacco Co. of India Ltd on 24th August.  .1953: Acquirement of the manufacturing busi...

 it is important to spend some time understanding the way the markets work there and factors that influence them. An essential aspect of understanding the equity market of any country is the list of stock market indices. They act like a measuring gauge that offers a comprehensive view of the market conditions in the country. They can help you identify market trends and investor sentiment without getting into individual social, political, and other macroeconomic factors. Today, we will talk about stock market indices in the US and share some essential information about them. The US stock market is the largest in the world and one of the most evolved ones too. Before we talk about the stock market indices in the US, let’s look at some basics: What is a Stock Market Index? A stock market index is a hypothetical portfolio of stocks that represents a certain segment of the market. There are different ways in which an index is formed and calculated. Primarily, indices use a w...

The Australian stock market dates back over 150 years when the first regional market was established in Melbourne. As at 2020, the Australian stock market has grown to become the 13th largest share market in the world with a domestic equity market of circa $2.47 trillion AUDWorld Bank. Milestones of the Australian Share Market Australia's first stock exchange was established in Melbourne in 1861. Over the next few decades, additional regional exchanges were established in Sydney (1871), Hobart (1882), Brisbane (1884), Adelaide (1887) and Perth (1889). All exchanges traded independently of each other until 1937 when the Australian Associated Stock Exchanges (AASE) was established, bringing with it uniformed listing and commission rules. The following year, in 1938, the first official share price index was published. 1979 - ALL ORDINARIES INDEX IS CREATED For over 50 years there was no index to represent the Australian share market as a whole, but ...

founder of AU Small Bank Sanjay Agarwal, enjoying the game is more important than the result. He has no regrets about having missed playing cricket at higher levels. What he counts is the life lessons the dynamic game has taught him.Born into a family that prized education, Sanjay was an outlier. His father, who passed away recently, retired as chief engineer of Rajasthan State Electricity Board. His uncle was a doctor. When he failed in Class 8, it did not come as a surprise given his obsession with cricket. “English was my undoing. It affected my confidence and other subjects. After I changed to Hindi medium in Class 9, I gained back the mojo, becoming school captain for badminton and cricket. Games taught me fighting spirit, discipline, hard work, calmness, and respect for rules (umpires) and molded me to what I am today,” explains Sanjay.Opting for commerce in college might have felt a lazy choice initially, but he discovered an interest in accounting, stati...

What is an IPO?   An initial public offering (IPO) is the first time a company issues shares to the public. This is when a private company decides to go ‘public’.   In other words, a company that was privately-owned until then becomes a publicly-traded company.   Before the IPO, a company has very few shareholders. This includes the founders, angel investors and venture capitalists. But during an IPO, the company opens its shares for sale to the public. As an investor, you can buy shares directly from the company and become a shareholder.   How are shares allocated in an IPO?   There are different investor categories when it comes to IPOs. This includes:   Qualified Insititutional Buyers (QIBs)   Non Institutional Investors (NIIs)   Retail Individual Investors (RIIs)   The allocation of shares differs for all the above groups in an IPO. As an individual investor, you come under the last category.  As an individual investor, y...

Introduction  Sensex and Nifty are important metrics/data that stock marketers use every day to determine market trends. But what is Sensex or Nifty? What is the difference, and most importantly, how is Nifty and Sensex calculated? To answer all of the questions, we first need to understand the concept of the Index. What Is index? To determine the market trend, the market experts cannot calculate the performance of each listed stock. That would be time-consuming and impossible as thousands of stocks are listed, and by the end of the calculation, the market trends would have changed. So, how can anyone make a spontaneous decision? With an Index value. An index picks a sample of listed companies from their respective industries that act as a representative. It is similar to choosing a few apples from the basket and not the entire store, as they would be enough to know if the Apples are overall good. This sample of listed companies is called the Index, and the companies un...

Most of us have heard of Harshad Mehta and how he committed one of the largest financial scams in the history of the Indian stock market. He was a master manipulator, and his influence over the market and other institutions helped him rig share prices. But did you know that one of his mentees, Ketan Parekh, pulled off another infamous and ruthless scam that completely shook the markets? Government agencies have estimated that the extent of the fraud could be up to Rs 40,000 crore!  In today’s article, we discuss the Ketan Parekh Scam of  2001.Who is Ketan Parekh: The Pied Piper of Dalal Street? Ketan Parekh was a Chartered Accountant (CA) by profession. He started his career in the late 1980s and initially ran a business called NH Securities— a stockbroking firm established by his father. Parekh later joined Harshad Mehta’s firm (GrowMore Research & Asset Management), where he closely observed market trends and the mindset of investors. He learnt the techniques...