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Which investors are underwater as MobiKwik floats IPO with deep valuation cut?

TMT

06 December, 2024

Which investors are underwater as MobiKwik floats IPO with deep valuation cut?

At least five of the top private market investors of One MobiKwik Systems Ltd are sitting on paper losses as ......

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IFC to lead up to $1 bn financing for top Indian shadow bank

Finance

18 October, 2024

IFC to lead up to $1 bn financing for top Indian shadow bank

International Finance Corporation (IFC), the private-sector investment arm of the World Bank Group, is set to lead a debt investment ......

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Fintech platform Pennant gets $120 mn tag as it ropes in strategic investor

Finance

17 October, 2023

Fintech platform Pennant gets $120 mn tag as it ropes in strategic investor

Hyderabad-based Pennant Technologies Pvt. Ltd, which caters to enterprise application integration needs for banks, has onboarded a strategic investor for ......

Nifty, Sensex stumble after five-day rally as virus fears take hold

Markets

08 July, 2020

Nifty, Sensex stumble after five-day rally as virus fears take hold

Indian shares stumbled on Wednesday after a five-day rally, as surging coronavirus infections weakened hopes of a swift economic recovery ......

Nifty, Sensex rise for fifth day, lenders soar

Markets

07 July, 2020

Nifty, Sensex rise for fifth day, lenders soar

Indian shares closed higher for a fifth straight session on Tuesday, as gains in IT and beaten down financial companies ......

Financial, energy stocks drag Nifty, Sensex as virus spread weighs

Markets

29 June, 2020

Financial, energy stocks drag Nifty, Sensex as virus spread weighs

Indian shares closed lower on Monday, dragged by financial and energy stocks, as a jump in coronavirus cases at home ......

Global investors drive Indian shares to three-month high

Markets

23 June, 2020

Global investors drive Indian shares to three-month high

Indian shares closed at a three-month high on Tuesday as global investors poured more cash, hoping to profit from a ......

Sensex, Nifty surge over 2% as economy set to reopen

Markets

01 June, 2020

Sensex, Nifty surge over 2% as economy set to reopen

Indian shares ended up over 2% on Monday in a broad-based rally, gaining for a fourth straight session, as optimism ......

Sensex, Nifty jump on earnings boost; Reliance Industries, banks gain

Markets

20 May, 2020

Sensex, Nifty jump on earnings boost; Reliance Industries, banks gain

Indian shares jumped on Wednesday, spurred by strong corporate earnings and a rise in banking stocks and Reliance Industries, while ......

Sensex, Nifty slide on lockdown extension worries

Markets

13 April, 2020

Sensex, Nifty slide on lockdown extension worries

Indian shares fell on Monday, dragged down by financial stocks, as Asia's third-biggest economy looked set to extend a lockdown ......