Market Highlights

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Get the latest Indian stock / share market highlights, BSE/NSE stock news, business research reports & details - updated daily by Money Times.

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April 18, 2025

• These 10 startups burned ₹13,834 crores.
• Meanwhile, Kolkata's family businesses quietly built generational wealth.
• Do you know the difference?
• One culture celebrates losses as "growth."
• The other treats profit as non-negotiable.
• In Marwari business circles, they have a word for this: Dhandha.
• It's not just business—it's a philosophy:
• - Capital efficiency isn't optional
• - Growth without profit isn't growth
• - Sustainability trumps vanity metrics
• PharmEasy: -₹2,531 Cr
• Swiggy: -₹2,350 Cr
• OLA: -₹1,584 Cr
• While venture funds applauded these losses, Kolkata's business families would call this madness.
• They built their empires differently:
• - Bootstrap first, raise capital later (if ever)
• - Test small, scale incrementally
• - Treat every rupee as sacred
• Family businesses don't understand "blitzscaling."
• They don't worship "disruption."
• They don't celebrate "burn rate."
• Yet their failure rate is a fraction of VC-backed startups.
• This isn't about being old-fashioned.
• It's about timeless principles.
• Many startups will eventually adopt these principles.
• But only after burning billions.
• Perhaps we've been looking in the wrong places for business wisdom all along.
• Dhandha might be old.
• But its principles never expire.
• Hari Shankar Tibrewala has been associated with multiple penny stocks, shell companies, and alleged hawala operations
• Key Stocks Associated with Hari Shankar Tibrewala
• Directly Promoted/Controlled Companies
• BLB Ltd
• JHS Svendgaard Laboratories Ltd
• SEL Manufacturing Company Ltd
• Vakrangee Ltd
• Penny Stocks with Suspicious Trading Patterns, unnatural price surges, low liquidity, and SEBI scrutiny
• Adroit Infotech
• Advik Capital
• AlgoQuant Fintech
• Apollo Micro Systems
• Balu Forge
• BCL Industries
• Cellecor Gadgets
• Cupid Ltd
• Dalmia Industrial
• East West Holdings
• Filatex Fashions
• Generic Engineering
• Gensol Engineering
• Gogia Capital Services
• HMA Agro
• Hardwyn India
• Hazoor Multi Projects
• Integra Essentia
• JTL Industries
• Kamdhenu Ltd
• Krishival Foods
• LKP Finance
• Manaksia Steels
• Man Infraconstruction
• Manoj Vaibhav Gems
• Moneyboxx Finance
• Mufin Green Finance
• North Eastern Carrying Corp
• OK Play India
• Oriental Trimax
• Paramount Communications
• Pioneer Embroideries
• Pritika Auto Industries
• Rathi Steel & Power
• Salasar Techno
• Servotech Power Systems
• Sigachi Industries
• Sarveshwar Foods
• Star Housing Finance
• TFCI
• TCC Concepts
• Tiger Logistics
• Toyam Sports
• Trescon Ltd
• Veranda Learning
• Vikas Ecotech
• Stocks Previously Under SEBI Scanner
• Maxposure Ltd
• B.C. Power Controls
• Zenith Multitrading DMCC
• Entities & Shell Companies Linked to Tibrewala
• Many of these firms were allegedly used for layering transactions, fake invoicing, and money routing
• Ability Games Pvt Ltd
• Ability Smartech Pvt Ltd
• Ability Ventures Pvt Ltd
• Brilliant Investment Consultants Pvt Ltd
• Caterfield Commodities DMCC
• Dicovery Buildcon Pvt Ltd
• Dream Achievers Consultancy
• Ecotek General Trading LLC
• Forest Vincom Pvt Ltd
• JE Impex DMCC
• Plus Commodities DMCC
• Sawarnbhumi Vanijya Pvt Ltd
• Tano Investment Opportunities Fund
• Zenith Multitrading DMCC
• Fwd as received.
• This is India’s corporate horror story.• A clean energy star.• EV boom.• Retail love.• But behind the scenes:Forged docs. Missing crores. Luxury flats. SEBI just dropped a 29-page bomb on Gensol. The real culprit are the promoters.
• Alert alert: Big Operator selling and manipulation stocks
• Only when the Tide goes out, then you can discover who has been swimming Naked
• Now in this markets fall you can check out which companies have undergone
• - Pump & dump
• Aerpace
• Cupid
• Eco hotels
• EV Mercury Tech
• Focus lighting
• JP Power
• Kisan Moulding
• Lotus
• MIC Electronics
• Meson valves
• Moschip
• RIR Power
• Sresta Finvest
• SKM Egg products
• Sumaya industries
• Tanla platforms
• TTML
• Unitech
• Urja global
• Vikas Group
• Waa Solar
• Waaree Tech
• Taylomade Renewables
• - Frauds & Scams
• Bharat global developers
• BCG
• C2C
• Deboc Ind
• EKI Energy
• Gujarat Tool Rooms
• LS Ind
• Misthan Foods
• Shanthala FMCG Foods
• Tera soft
• Varanium cloud
• Vaarya creations
• Yes bank
• - Manipulation
• Basilic fly
• Indus Ind bank
• Resgen
• Taylormade Renewables
• - Misguidance
• Exicom
• Gensol Eng
• Indian Emulsifier
• K2 Infra
• Kore Digital
• MTAR Tech
• Phantom Digital
• Sahasra Electronics
• Srivari spices
• Sterling & Wilson
• Trust Fintech
• - Business allegations
• Adani Group
• Nirman Agri
• RBM Infra
• PN Gadgil
• RBZ Jewels
• Sar Tele
• - Vigil blows
• UPL
• - Business collapse
• AGS Trans 
• Coffeeday
• Gujarat collapses
• Misthan Foods
• - Social media hype
• Advait Infra
• Black Box
• E2E
• Happiest Minds
• Idea Forge
• IDFC First Bank
• Nibe
• Waaree Ren Tech
• - Other issues/ corporate issues
• BGR Energy
• adsys
• Dindigul Farm
• Droneacharya
• Drone Destination
• Easy trip planners
• Fusion Microfinance
• GVK Power
• Jyoti structures
• Quick touch
• Kalarhidhan
• Kalyan Jewellery
• Kotyark Ind
• Map My India
• Rajesh Exports
• SA Tech
• SAR Tele
• Silicon Rentals
• Slone Info
• Stallion India
• SVP global textiles
• Vishvas agrri
• Wardwizard