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Markets slip sharply after early volatility, Nifty Midcap index now 20% off record high

Finance

16 June, 2022

Markets slip sharply after early volatility, Nifty Midcap index now 20% off record high

Markets plunged more than 2% on Thursday after the Swiss National Bank's surprise interest rate hike raised concerns that aggressive ......

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Rainbow Hospitals hires bankers for $300mn IPO

Healthcare

08 September, 2021

Rainbow Hospitals hires bankers for $300mn IPO

Rainbow Children’s Medicare Pvt. Ltd, which operates a chain of pediatric hospitals under the brand Rainbow Hospitals, has hired bankers ......

Grapevine: Freshworks, Eka founders to start fund; Reliance-Aramco talks revive

General

19 February, 2021

Grapevine: Freshworks, Eka founders to start fund; Reliance-Aramco talks revive

Freshworks founder Gireesh Mathrubootham and Eka Software Solutions founder Manav Garg are set to jointly start a fund called Together ......

Grapevine: Delhivery to raise $800 mn in IPO; Bansk to control SC Johnson India

General

11 February, 2021

Grapevine: Delhivery to raise $800 mn in IPO; Bansk to control SC Johnson India

SoftBank-backed logistics firm Delhivery plans to raise $800 million (about Rs 5,820 crore) in its initial public offering (IPO) this ......

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JPMorgan PE fund-backed Happiest Minds seeks $334 mn valuation in IPO

Markets

02 September, 2020

JPMorgan PE fund-backed Happiest Minds seeks $334 mn valuation in IPO

Bengaluru-based software services company Happiest Minds Technologies Ltd is targeting a valuation of as much as Rs 2,438 crore ($333.7 ......

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Value Lens: How is IPO-bound Happiest Minds priced versus bigger IT peers?

TMT

17 June, 2020

Value Lens: How is IPO-bound Happiest Minds priced versus bigger IT peers?

When technology industry veteran Ashok Soota launched Happiest Minds Technologies Ltd in August 2011 he had said he would take ......

JP Morgan fund to fully exit as Happiest Minds Technologies files for IPO

TMT

11 June, 2020

JP Morgan fund to fully exit as Happiest Minds Technologies files for IPO

Happiest Minds Technologies Ltd has submitted a draft prospectus to float an initial public offering (IPO), becoming the first company ......

JP Morgan hires former UTI Mutual Fund CEO Leo Puri as South Asia head

Finance

28 May, 2020

JP Morgan hires former UTI Mutual Fund CEO Leo Puri as South Asia head

Leo Puri, a former CEO of UTI Mutual Fund, is set to take over as the chairman of JP Morgan’s ......

Emerging-market index shake-out may follow trading turmoil

Markets

09 April, 2020

Emerging-market index shake-out may follow trading turmoil

Disruption in emerging and frontier markets has strained liquidity and disrupted trading functions, triggering what could become a shake-out in ......

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Emami Group in talks for fresh funding from another American investor

Consumer

09 April, 2020

Emami Group in talks for fresh funding from another American investor

The promoters of Kolkata-based Emami Group are in talks to rope in another American investor after bringing in Farallon Capital ......