The broader buzz around Zomato, which has a $1.3 billion initial public offering, spilled out from financial circles into the social media space & could push other startups to list.
Shareholders would like to see Zomato pull off smart acquisitions that bring in both scale and cash flows. Dominance of consumer data alone won’t build a sustainable moat.
According to Ajay Saraf, head of investment banking and institutional equities at ICICI Securities Ltd, the new roles will be concentrated in sectors such as technology and health care.
Policybazaar is seeking a listing before the end of this year. An offering, which could value it at over $3.5 bn, would involve new stocks & secondary shares from existing shareholders.
Macrotech, formerly known as Lodha Developers, has set a price of Rs 483-486 and the issue will run 7-9 April, according to a newspaper advertisement Thursday.
The impending debut could encourage other Indian startups to tap public markets, after years of explosive growth in mobile & internet usage created firms like Paytm & Flipkart.
The central bank summoned Ant executives over the weekend and told them to 'rectify' the company’s lending, insurance and wealth management services, the People’s Bank of China said.
On the first episode of Two Much With Kajol and Twinkle, Aamir Khan and Salman Khan were confronted with another hypocrisy: age gaps. And they didn't come out looking good.
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.
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