Traveling ,Gardening & Finance
Traveling ,Gardening & Finance
The Securities and Exchange Board of India is set to issue an approval for the long awaited NSE IPO, thereby clearing the decks for the country’s largest stock market to list on the exchanges. The National Stock Exchange building in Bandra Kurla Complex, Mumbai. (Livemint) The approval could come as early as this month. “We […]
Jio Platforms Ltd. plans to offload shares equivalent to 2.5% stake in its IPO planned for 2026, a move that could make it the country’s largest-ever IPO worth more than $4 billion. Jio Platforms IPO is the most highly anticipated IPO of 2026. (Bloomberg) The company, led by Mukesh Ambani, is the parent of India’s […]
Some of Wall Street’s biggest banks have opted out of advising on a planned $1.4 billion initial public offering of India’s SBI Funds Management Ltd. because of low fees, according to people familiar with the matter. SBI Funds IPO offered fees of about 0.01% of the issue size, which bankers called rock bottom, after some […]
OpenAI is paying employees more than any tech startup in recent history, according to financial data it has shown investors. File photo of OpenAI CEO Sam Altman. (REUTERS) The company’s stock-based compensation is about $1.5 million per employee, on average, across its workforce of roughly 4,000. That is more than seven times higher than the […]
New Delhi, Dec 29 (PTI) Horizon Industrial Parks, backed by global private equity firm Blackstone, on December 29 filed preliminary papers with markets regulator Sebi to raise ₹2,600 crore through an initial public offering (IPO). Horizon Industrial Parks, backed by global private equity firm Blackstone, on December 29 filed preliminary papers with markets regulator Sebi […]
Quick commerce unicorn Zepto is set to pre-file its draft red herring prospectus (DRHP) with market regulator Sebi on Friday through a confidential route, as it targets a stock market listing sometime next year, according to sources. Valued at USD 7 billion, the company has raised a total of USD 1.8 billion, or about ₹16,000 […]
Shares of ICICI Prudential Asset Management Co. Ltd. surged by nearly a fourth on debut as investors bet on higher mutual fund investments in the world’s most populous nation. Signage at an ICICI Prudential AMC branch in Delhi. (Bloomberg) ICICI Prudential AMC’s share price rose as much as 22.95% to ₹2,662.00 after listing at a […]
Zepto Ltd. is preparing to file for an initial public offering of about $500 million in Mumbai as early as next week, according to people familiar with the matter, as competition hots up in India’s quick-commerce market. Zepto delivery partners waiting for delivery orders. The plans for a Zepto IPO follow a $450-million funding round […]
The $1.2-billion ICICI Prudential AMC IPO is set to open for subscription today, paving the way for a listing that can make it the country’s second-most valuable mutual fund. Nimesh Shah, MD & CEO of ICICI Prudential AMC, during a press conference in Mumbai. (ANI) On offer in the ICICI Prudential AMC IPO are up […]
