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PRISM FUNDRAISE
Oyo readies market debut; IT's comeback rallyOyo's IPO plans are back on track after securing the regulator's nod. This and more in today's ETtech Top 5.- PRISM seeks shareholder approval for Rs 6,650 crore IPOOyo parent PRISM will hold an EGM on December 20 to seek approval for raising up to ₹6,650 crore via fresh equity for its IPO and issuing a...
- Oyo’s parent PRISM initiates an increase in authorised share capital ahead of potential IPOOyo's parent company, PRISM, is boosting its share capital. This move signals advanced preparations for its upcoming Initial Public Offerin...
- Barack Obama, Nancy Pelosi privately raise concerns over Biden's campaign: ReportFormer President Obama and Speaker Pelosi privately express concerns about Biden's 2024 campaign, causing uncertainty within the Democratic...
- Paytm’s Raheja QBE deal is off; Navi Finserv to raise Rs 600 cr from bond saleOne97 Communications, the parent company of Paytm, has said its deal to acquire Raheja QBE General Insurance Company Ltd has been terminate...
- 3 US lawmakers demand probe into Pak's envoy Masood Khan's terrorist linksPakistan last month said that the US government has approved the nomination of Khan as its Ambassador to Washington, days after a prominent...
- Paytm courts Swiss RE, Info Edge cofounder on startup IPOsPaytm has been waiting for more than a year for regulators to approve its acquisition of general insurance firm Raheja QBE. Now, it is on t...
- HDFC Life acquires Exide Life in a deal worth Rs 6,687 croreThe deal could mark the beginning of a fresh round of consolidation in the industry that’s seeing intense competition amid the rising domin...
- MF stake hits lowest in YES Bank since 2013, multi-year low in many PSBsDomestic fund managers went shopping shares of staffing firms and cement makers.
- Advent can deploy $1.7 bn in India in 3-5 years: ChairmanOverall, India has been increasingly a more attractive environment for investments.
- UiPath plans to raise headcount to 1,200 in IndiaThe company said it had raised $225 million from Capital G, Sequoia and Accel in a round that valued the robotic process automation company...
- How some of India’s hottest startups are finding big-hearted mentors - from Arundhati Bhattacharya to Raman RoyOur stories will help and give courage and strength to the next gen who are striving to succeed, says Arundhati Bhattacharya.
- As tech startups run into rough weather, they cast a shadow on the entire risk capital-funded ecosystemAs investors chased the next big opportunity in ecommerce, bubbles began to build. As returns failed to materialise, these ventures have bu...
- Tata Communications in talks to buy stake in Prizm Payments ServicesTata Communications is negotiating to buy a substantial stake in Chennai-based Prizm Payments Services in order to expand its payment servi...
- Kishore Biyani promotes Rakesh Biyani as joint MD of Future Group to improve profitabilityBiyani has has recalled first cousin Rakesh to take day-to-day control of Future Group's sprawling, but struggling retail business.
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