The 34% jump in Xiaomi's third-quarter revenue was driven mostly by troubles at Huawei, which has been hit by US sanctions. Its internet business also remains lackluster.
The company is currently planning to price its IPO on 9 December. Ahead of it, the home-rental platform and some shareholders are offering 51.9 million shares at $44-$50 apiece.
The company and existing holders including Fosun Pharma Industrial Pte. are selling as many as 43.2 million shares for anywhere between Rs 1,490-1,500 each.
Ant Group stopped taking orders from big investors a day earlier than planned due to great demand. But a smash-hit IPO doesn’t always translate into a long-term winner for investors.
Ma's Chinese fintech giant is one of the most hotly anticipated IPOs in years, on course to make history by surpassing Saudi Aramco’s record $29 billion share sale in 2019.
Sales of Dabur's flagship Chyawanprash rose 700% last quarter from the previous 3 months, said Gaurav Burman who runs his family office, which oversees about $1.5 billion in assets.
Ashok Soota’s Happiest Minds Technologies IPO was oversubscribed 151 times. The IPO of his previous venture, Mindtree, was oversubscribed more than 100 times.
Sidekicks are quintessential in Bollywood, and every few years, when a star or lead shines, a filmmaker reminds us that the person next to the hero is a key ingredient in the recipe.
SEBI probe concluded that purported loans and fund transfers were paid back in full and did not amount to deceptive market practices or unreported related party transactions.
While the IAF remains committed to the Tejas programme and has placed orders for 180 Tejas Mk1A, the force is eagerly waiting for the Tejas Mk 2 version.
What Munir has achieved with Trump is a return to normal, ironing out the post-Abbottabad crease. The White House picture gives us insight into how Pakistan survives, occasionally thrives and thinks.
COMMENTS