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A peek into IFC's returns as it looks to trim stake in Angel Broking via IPO

Finance

18 September, 2020

A peek into IFC's returns as it looks to trim stake in Angel Broking via IPO

International Finance Corporation (IFC) is selling nearly a third of its stake in Angel Broking Ltd and will walk away ......

Happiest Minds on cloud nine as shares soar 124% on trading debut

Markets

17 September, 2020

Happiest Minds on cloud nine as shares soar 124% on trading debut

Software services provider Happiest Minds Technologies Ltd made an exceptional debut on the stock exchanges on Thursday as its shares ......

Flipkart gears up for overseas IPO, may target $50 bn valuation

TMT

16 September, 2020

Flipkart gears up for overseas IPO, may target $50 bn valuation

Walmart Inc-controlled Indian e-commerce firm Flipkart is preparing for an initial public offering overseas as early as 2021, which could ......

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Warburg pulls out over $100 mn from CAMS with strong returns ahead of IPO

Finance

16 September, 2020

Warburg pulls out over $100 mn from CAMS with strong returns ahead of IPO

Private equity giant Warburg Pincus, which is the promoter of Computer Age Management Services Ltd (CAMS), has walked away with ......

Grapevine: LIC to sell stake in IDBI Bank; two left in race for Piramal's glass unit

General

16 September, 2020

Grapevine: LIC to sell stake in IDBI Bank; two left in race for Piramal's glass unit

Life Insurance Corporation of India (LIC) is planning to gradually sell its stake in IDBI Bank nearly two years after ......

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Warburg Pincus to cut CAMS stake in pre-IPO deal as firm ups issue size

Finance

15 September, 2020

Warburg Pincus to cut CAMS stake in pre-IPO deal as firm ups issue size

Private equity giant Warburg Pincus is selling a little less than a third of its stake in Computer Age Management ......

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PE firms put fresh capital into Burger King India ahead of delayed IPO

Consumer

14 September, 2020

PE firms put fresh capital into Burger King India ahead of delayed IPO

Burger King India Ltd, the master franchisee to run the local operations of the global burger chain, has raised fresh ......

India's secondary listing plan for firms joining foreign markets irks investors

Markets

14 September, 2020

India's secondary listing plan for firms joining foreign markets irks investors

Indian companies that list overseas will have to later launch on a domestic bourse under policy changes being considered by ......

Route Mobile IPO subscribed over 70 times on final day

Markets

11 September, 2020

Route Mobile IPO subscribed over 70 times on final day

Messaging and voice application programming interface company Route Mobile Ltd received a stellar response to its initial public offering (IPO) ......

Route Mobile IPO covered 4 times on day two as all investor types respond to offering

Markets

10 September, 2020

Route Mobile IPO covered 4 times on day two as all investor types respond to offering

The initial public offering (IPO) of Route Mobile Ltd was subscribed a little over four times on the second day ......