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POLICYBAZAAR SHARE CRASH
Info Edge shares plunge 7% as bloodbath in PB Fintech shares wipes off Rs 1,809 crore from recruiter's stake. What lies ahead?Shares of Info Edge dropped 7% after a massive 32% crash in PB Fintech reduced the value of its 6.5% stake by Rs 1,809 crore in a single se...- PB Fintech shares crash 30%, bloodbath wipes off Rs 26,200 cr from m-cap after IRDAI’s reform plans. What Citi and Jefferies are warningPB Fintech shares plunged on Thuesday wiping out nearly Rs 26,200 crore from its market capitalisation after IRDAI proposed changes to insu...
- Small & midcaps rally! Coforge, Ola Electric, FirstCry & other stocks jump up to 7%Small and midcap stocks rose sharply on Tuesday, lifting broader markets and outperforming benchmarks. Coforge led midcap gains, while Ola ...
- PB Fintech gets board approval to set up healthcare businessPB Fintech, parent company of Policybazaar, received board approval to establish PB Health Services, a wholly owned subsidiary focused on h...
- ETtech Exclusive: Tiger trail at Flipkart ends with $3.5 billion profits; fund sells remaining stake to WalmartThe US fund exits online retailer with a 4% stake sale to Walmart in final deal of phased selloff.
- 2023 holds little promise for tech IPOs as slowdown continuesWhile some IPOs appear to be in the offing this month, the mood among the companies, investors and the public is yet to be lifted
- 2022 Year in Review | Is the startup IPO party over?The market for initial public offerings fell off a cliff in 2022 in India and around the world. In India, IPO activity saw a dramatic slowd...
- Policybazaar parent will be profitable next fiscal: CEO Yashish DahiyaDahiya said the company’s revenue will increase by about five times this fiscal to around Rs 2,000-2,400 crore, higher than the industry gr...
- Huge supply of newly-listed co shares to hit D-Street as lock-ins end in NovThe Securities and Exchange Board of India cut the lock-in period for investors who purchase shares in a pre-IPO issue, or promoters' share...
- India crucial to PUBG maker Krafton; Flipkart sells Cleartrip’s overseas bizA year and a half after the hugely popular PUBG Mobile was banned in India and seven months after Battlegrounds Mobile India took its place...
- The best (and worst) of JanuaryAfter US tech stocks entered correction territory on the back of possible interest rate hike by the Federal Reserve, senior executives at S...
- Is the party over for tech and crypto markets?SoftBank Vision Fund CEO Rajeev Misra, at a virtual event organised by US news website Axios on Thursday, said private markets were overval...
- Dalal Street's new entrants struggle against the currentZomato, Nykaa parent FSN E-Commerce Ventures and PB Fintech (PolicyBazaar) were among key casualties in Monday's market crash that dragged ...
- Biggest gainers & losers of the day: New-age stocks falls to new lows; Bandhan Bank gainsS Ranganathan, Head of Research at LKP Securities, said, "Weak global cues ahead of the Fed meet saw a fierce selloff in new-age recently l...
- What do plunging share prices of Paytm, Policybazaar teach us?Shares of Paytm have been on a free fall since listing, declining as much as 41 per cent. In just two sessions, it is close to hitting the ...
- I will advise Vijay Shekhar Sharma to hang in there; good cos bounce back: Sanjeev Bikhchandani“Many of the new age tech companies have got very good long-term prospects. Immediate euphoria may push the share prices up in a frothy mar...
- IPOs that crashed and burnedPaytm’s disastrous stock market debut—where its share price tanked 27.4% from its issue price—shares similarities with listing day performa...
- FIIs, domestic retail investors see Paytm IPO throughThe Rs 18,300 crore initial public offering (IPO) by One97 Communications, parent of Paytm, scraped through on the final day of bidding on ...
- Unlisted shares of Policybazaar's parent rallyThe shares in the grey market are now trading around ₹2,000-2,100 apiece from the earlier price of ₹1,800. The grey market IPO premium, how...
- Licence to billIn today's ETtech Morning Dispatch newsletter: PolicyBazaar's NUE foray; Amazon's Amit Agarwal on e-commerce FDI policy; and what's next fo...
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