Daily BriefsIndia

Daily Brief India: Quint Digital , Delta Corp Ltd, Greentown China and more

In today’s briefing:

  • Quint Digital: The New Era of Raghav Bahal
  • Delta Corp’s Links to Mahadev App Scam Reveal Cash Exchange
  • Morning Views Asia: Adaro Energy, Greentown China, Vedanta Resources


Quint Digital: The New Era of Raghav Bahal

By Sudarshan Bhandari

  • Quint Digital (QUINT IN) announces alterations to its MoA, changing its name and expanding its digital ventures, including joint ventures and acquisitions.
  • Quintype Technologies India Limited’s impressive growth and the acquisition of Lee Enterprises (LEE US) highlight Quint Digital’s ambitions and potential.
  • Despite debt concerns, Quint Digital’s strategic investments in digital media and technology position it for substantial growth, potentially reshaping the digital publishing landscape.

Delta Corp’s Links to Mahadev App Scam Reveal Cash Exchange

By Nimish Maheshwari

  • Delta Corp Ltd (DELTA IN) sells its Nepal casino business to Ability Games amidst allegations of connections to illegal betting and money laundering.
  • The ED’s investigations into Mahadev Online Book reveal a Rs 3,916 crore scam, freezing of Rs 580.78 crore assets, and involvement of companies like Ability Games.
  • CEO of Delta Corp Ltd (DELTA IN)mentioned in ED statement that they have agreed for 10Crs over and above the transaction value.

Morning Views Asia: Adaro Energy, Greentown China, Vedanta Resources

By Leonard Law, CFA

Lucror Analytics Morning Views comprise our fundamental credit analysis, opinions and trade recommendations on high yield issuers in the region, based on key company-specific developments in the past 24 hours. Our Morning Views include a section with a brief market commentary, key market indicators and a macroeconomic and corporate event calendar.


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