Inside Zepto’s IPO filing — the key takeawaysQuick commerce platform Zepto has filed its updated draft papers for public listing, revealing detailed financials and operational metrics....
Zepto IPO: Founders Aadit Palicha, Kaivalya Vohra skip OFS as Nexus Ventures leads share saleZepto’s founders, Aadit Palicha and Kaivalya Vohra, will retain their stakes and not participate in the Rs 9,500 crore IPO’s offer-for-sale...
Zepto IPO: Aadit Palicha, Kaivalya Vohra to hold stake; Nexus Ventures biggest seller in OFSQuick commerce firm Zepto's promoters will not dilute equity in its upcoming IPO, which aims to raise Rs 8,010 crore via fresh issue and an...
Zepto IPO: ED summons founders in FEMA matter, seeks shareholding, business detailsThe Enforcement Directorate sought details on foreign investments and overseas investments, audited balance sheets since FY21, owned immova...
Zepto files updated papers for Rs 9,500 crore IPO; aims July listingQuick commerce firm Zepto has filed its updated draft prospectus for a significant $1 billion IPO with Indian regulators. The offering incl...
Ex-Kotak exec arrested in Rs 145 crore Panchkula fraud caseEnforcement Directorate arrested a former Kotak Mahindra Bank executive. He is accused of masterminding a ₹145-crore fraud. Panchkula munic...
Dawood-ISI nexus exposed: Delhi Police busts ISI-underworld terror module, 9 arrestedDelhi Police's Special Cell has apprehended nine individuals suspected of operating for an ISI-Mumbai underworld network. The group was all...
Delhi HC upholds TRAI’s 12-minute ad cap for TV channelsThe Delhi High Court has upheld the Telecom Regulatory Authority of India's rule limiting television advertisements to 12 minutes per hour....
Explained: What are REITs and how do they work? Here’s what investors should knowInvestors can now gain real estate exposure through REITs, an alternative to direct property purchase. These trusts pool funds to invest in...
IT’s Rs 18 lakh crore m-cap rout; Info Edge, Ixigo post Q4 profitsA multi-month bear market has hit the valuations of India’s top 10 digital and technology services exporters. This and more in today’s ETte...
Insurer denies Rs 20 lakh life insurance claim over diabetes non-disclosure; woman fights back and wins; here’s whyA Delhi woman's Rs 20 lakh life insurance claim, denied due to alleged non-disclosure of diabetes and kidney diseases, was upheld by the St...
Nexus Select Trust Q4 net operating income up 11% at Rs 440 croreNexus Select Trust reported strong quarterly growth driven by rising tenant sales, stable occupancy, and higher retail income across key co...
No parity between Agniveers, regular soldiers on pensionary benefits: Centre to HCThe Union government has told the Bombay High Court that Agniveers are different from regular soldiers. This means families of deceased Agn...
Blackstone and Jhunjhunwala-backed Bagmane draws 2 lakh applications, highest for all REIT IPOsBagmane Prime Office REIT received record investor participation and strong oversubscription in its Rs 3,405 crore IPO. Backed by Blackston...
2005 'fake' encounter of gangster Sohrabuddin Shaikh: High Court upholds acquittal of 22 personsThe Bombay High Court has upheld the acquittal of 22 individuals in the 2005 Sohrabuddin Shaikh alleged fake encounter case. Appeals filed ...
Long Lake to buy Amex GBT for $6.3 billion in AI travel betInvestment firm Long Lake will acquire American Express Global Business Travel for six point three billion dollars. This all-cash deal sign...
Inorbit malls to acquire Prozone Group malls in Chhatrapati Sambhaji Nagar, CoimbatoreInorbit Malls is set to acquire two malls from Prozone Group for approximately Rs 1,300 crore. This strategic move will significantly expan...