Advertisements India’s first cryptocurrency unicorn, CoinDCX, plans to pursue an initial public offering as soon as government regulations allow it, according to its co-founder Neeraj Khandelwal. The share sale would be a key vote of confidence for India’s digital asset industry similar… Read More ›
Professionals
FPIs pull out INR 31,100 crore from Indian market in November; consumer, unlock theme stocks see buying interest
Advertisements Indian markets have been under immense pressure in the past one month. This was evident in Foreign Portfolio Investors (FPIs) as they sold in the Indian market to the tune of Rs 31,100 crore in November so far, as… Read More ›
Skies darken for Indian IPOs after Paytm’s diappointing debut
Advertisements Paytm’s dismal stock market debut this week is likely to put a damper on future offerings after the IPO of the digital payments firm ranked among the worst-performing in Indian history, six analysts and bankers said on Friday. Indian companies… Read More ›
More than technology, AI is becoming a way of life: Experts
Advertisements Artificial Intelligence (AI) is more than a technology and has become a way of life, N T Arunkumar, MD and Country Head and Head of Innovation, Telstra India, said on Thursday. AI is more than technology, it is a… Read More ›
Paytm Set For Trading Debut After USD 2.5 Bn IPO
Advertisements Indian digital payments company Paytm is set to make its stock market debut on Thursday, after its $2.5 billion initial public offering (IPO), India’s largest, was oversubscribed last week. Paytm, which counts China’s Ant Group and SoftBank among its… Read More ›
Nykaa shares plunge 7.4% after profit nearly wiped out in Q2
Advertisements Shares of FSN E-Commerce Ventures Ltd. plunged after net profit of India’s biggest cosmetics etailer was nearly wiped out in the three months ended Sept. 30. That, after the company—popularly known by its brand name Nykaa— debuted on the Indian bourses at a 79.4%… Read More ›
Policybazaar shares surge 26.5% over IPO price on listing day
Advertisements Shares of Policybazaar listed at over 17% premium to the issue price today. The online insurance platform made its market debut at Rs 1,150 per share on the BSE against the IPO issue price of Rs 980. Price band… Read More ›
FPIs remain net sellers in Nov so far as valuations in expensive zone
Advertisements Foreign portfolio investors (FPIs) were net sellers in the domestic markets to the tune of Rs 949 crore in the first half of November. As per the depositories data, they pulled out Rs 4,694 crore from equities between November… Read More ›
Paytm share allocation at INR 2,150 apiece likely on Tue after SEBI approval
Advertisements Digital payments and financial services firm Paytm is likely to allocate shares at the upper price band of Rs 2,150 apiece on November 16 after market regulator SEBI’s approval which is expected to come on Monday, sources aware of the development… Read More ›
Upcoming IPOs This Week: Tarsons Products, Go Fashion
Advertisements The current month will continue to be a busy one for the primary market, as two companies –Tarsons Products and Go Fashion (India) Ltd — are set to float their IPOs next week to collectively raise Rs 2,038 crore…. Read More ›