Market News

The quick commerce space seems to be heating up with competition. On Thursday, Oct 16, the popular 10-minute delivery platform, Zepto, announced raising a fresh funding round of $450 million.

India’s IPO market is gearing up for a heavy-hit period in November, with marquee names across fintech, consumer tech, education, asset management and payments lining up for public listings. The total pipeline is estimated at nearly ₹40,000 crore across October–November.

One of the fastest-growing arm of Anand Rathi Group, Anand Rathi Wealth (ARW) has been a consistent dividend payer. On Wednesday, Oct 15, the ARW board announced an interim dividend of ₹6/equity share, which is 120% of the face value of ₹5 each.