Mamaearth IPO overvaluation is deep consern

Mamaearth has neither quoted nor subscribed to the valuation numbers which are doing the rounds on social media, co-founder of the company, Ghazal Alagh, said on Wednesday, clearing the air on the firm’s valuation for its initial public offering (IPO). Responding to social media users who had expressed concerns regarding the Sequoia- and Sofina-backed company’s …

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The process by which the Annual Budget is prepared in India and when it’s presented is featured here.

Budget-making typically begins in August-September, which is six months prior to its presentation. This process takes up to six months.Minister of Finance Nirmala Sitharaman is scheduled to present the final full budget for this government on February 1, 2023. This is her fifth Union Budget. The Union Budget is the annual academic document of a …

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