Will the Israel War Impact Indian Stock Market?

On Saturday, October 7, 2023, Hamas, a Palestinian militant group, launched a surprise rocket attack on Israel. It was the deadliest attack on Israel from Gaza in years. The Israel war has added further uncertainty to the global markets. The attack came amid rising tensions between Israelis and Palestinians. In the weeks leading up to...

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Decoding Vedanta Demerger into Six Biz to Unlock Valuation

Author: Team Chapel Bridge Vedanta Limited, India’s largest diversified natural resources company, has announced plans to demerge its business units into six independent listed companies. The demerger is planned to be a simple vertical split, with each of the six companies focusing on a specific business area: Vedanta Aluminum Vedanta Oil & Gas Vedanta Power...

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Bharat Takes Historic Step to Sell 50-Year Bonds

September 27, 2023 Author: Team Chapel Bridge The Indian government is planning to sell 50-year bonds for the first time, in a move aimed at raising long-term funds and diversifying its investor base. The sale is expected to take place in the next few weeks, and the government is targeting to raise ₹10,000 crores (US$12.2...

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Apple to scale up production in India, a boon for the Economy

September 26, 2023 Author: Team Chapel Bridge Apple, the world’s largest technology company, has announced plans to scale up production in India by over five times in the next 4-5 years, to around USD 40 billion (about 3.32 lakh crore). This is a very bullish development for the Indian economy, and is likely to have...

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Casino giant Delta Corp slapped with Rs 16,822 crore GST notice

India’s largest casino operator, Delta Corp, has been served with a tax notice of Rs 16,822 crore by the Directorate General of GST Intelligence (DGGI) for the period between July 2017 and March 2022. The notice, which was issued on Friday, is based on the gross bet value of all games played at the casinos...

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