Mumbai, Mar 11 (PTI) Japanese investor SoftBank Investment Advisers is in talks with Tatas and Mahindras for a stake buy in one of their subsidiaries, a top official said on Friday. The talks have been on for the last six months and both the conglomerates represent an interesting opportunity to invest, courtesy strong brand presence [...]
New Delhi, Mar 11 (PTI) Edtech firm Unacademy expects to go public in the next couple of years and is looking to make its core business of test preparation profitable in the next 12 months, a top company official said on Friday. Unacademy Group co-founder and CEO Gaurav Munjal also said the company is looking [...]
BENGALURU, India, March 11, 2022 /PRNewswire/ -- In the past 4 years, UnlistedKart has been at the forefront of the unlisted stock space, achieving a collective top line of 250+ crores and clocking an impressive IRR of 40% on their recommended portfolio. A testament to their explosive growth has been their research-first platform that empowers [...]
New Delhi, Mar 10 (PTI) Ebixcash Ltd, the Indian subsidiary of Nasdaq listed Ebix Inc, has filed preliminary papers with capital markets regulator Sebi to raise Rs 6,000 crore through an initial public offering. The funds will be garnered through fresh issuance of equity shares and there will not be any offer-for-sale (OFS) component, according [...]
New Delhi, Mar 9 (PTI) Proptech firm Square Yards has taken on lease around 30,000 square feet of office space in Pune from co-working operator 315Work Avenue as part of its strategy to consolidate and grow business. In a statement, 315Work Avenue said on Wednesday that it has signed up 800 seats with Square Yards. [...]
New Delhi, Mar 9 (PTI) NSE Managing Director and CEO Vikram Limaye on Wednesday said that he will not seek a second term at the stock exchange when his five-year term ends in July. This comes amid the National Stock Exchange (NSE) facing the regulatory probe in a case related to governance lapses at the [...]
New Delhi, Mar 9 (PTI) NSE Managing Director and CEO Vikram Limaye on Wednesday said he will not seek a second term at the stock exchange. "I have informed the board that I am not interested in pursuing a second term and will therefore not be applying and participating in the process that is underway. [...]
IPO-bound fintech firm Mobikwik became profitable in the December 2021 quarter and expects to close the current financial year with almost two times growth in revenue, a top company official has said. Mobikwik co-founder and Chief Operating Officer Upasana Taku told PTI that the company recorded profit of around Rs 7 crore in the third [...]
Transformed from Renaissance Mumbai Convention Centre Hotel, The Westin Mumbai Powai Lake is set to be the city’s New Haven of well-being Mumbai, Maharashtra – March 8th, 2022 - Westin Hotels & Resorts, part of Marriott Bonvoy’s portfolio of 30 extraordinary hotel brands, continues to propel its footprint in India with the opening of The [...]
Sachin Bansal-led Navi Technologies is planning to file draft prospectus with capital markets regulator Sebi to raise around Rs 4,000 crore through an IPO, people familiar with the development said on Monday. The company is expected to file its Draft Red Herring Prospectus (DRHP) this week and the Initial Public Offering (IPO) is expected to [...]
