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PAYTM WEALTH EROSION
Fading vibes: Internet stocks slump up to 28% in 2026 but Paytm, Groww, 5 more earn brokerages’ backing post Q3Indian internet companies showed mixed Q3 results, with some reporting strong revenue and profit growth while others struggled. Despite a g...
Ola Electric’s 78% slide from peak wipes out Rs 8,000 crore for SoftBank; Temasek-backed fund down Rs 548 croreGlobal investors like SoftBank and Temasek have incurred substantial notional losses on Ola Electric shares, with valuations plummeting by ...
EV poster boy Ola’s 64% crash is worst among peers - stock now half its IPO price. Is the selloff over yet?Ola Electric shares plunged to a new lifetime low, losing over half their IPO value and significantly underperforming the booming auto sect...
‘Dumb money is chasing dumb IPOs’: Shankar Sharma on India's public markets amid Lenskart buzzVeteran investor Shankar Sharma slams India's IPO market as the "dumbest in history," citing Lenskart's pre-IPO activity. He alleges a "bea...
General Atlantic invests another $600 million in IPO-bound PhonePePhonePe has raised $600 million of new funding from General Atlantic (GA) as it gears up for a local listing early next year. The latest in...
Pallavi Shroff not to seek renewal of term as director on Asian Paints boardIn a stock exchange disclosure, Asian Paints Saturday said Shroff has informed the board of directors she will not be able to continue for ...
Fortunes of startup founders swing with stock prices in past 12-14 monthsDuring the last 12-14 months, startup founders such as Zomato’s Deepinder Goyal and Policybazaar’s Yashish Dahiya and Alok Bansal have reap...
Stocks in news: HDFC Bank, RIL, ZEE, Mahindra Holidays, Ashok LeylandHDFC Bank received approval from the Reserve Bank to sell its 90% stake in the education loan company HDFC Credila- a move that will boost ...
Elevation Capital’s massive gamble on Paytm backfiresThe Ravi Adusumalli-led fund’s 15% stake in One 97, which was valued at about Rs 6,100 crore when the post-IPO lock-in expired in November ...
2 top stock recommendations from Aditya AroraHence, they have to stop somewhere and pause the rates, rate hiking cycle and somewhere also cut the rates because China is already cutting...
Till debt do us part: will startups go the PharmEasy way, and other top tech & startup stories this weekThis week’s ETtech newsbreak on PharmEasy going for a rights issue at a price 90% lower than its peak valuation of $5.6 billion to repay de...
Rs 85,000 cr m-cap loss! Can new-age stocks' fortune turnaround in FY24?Five out of six new-age stocks that made their way to Dalal Street during the flourishing market period of 2021 have suffered double-digit ...
Too early to say that NBFCs will start doing well: Digant HariaSo in NBFCs, the largest segment is the housing finance companies. Housing finance companies, are doing 9%, 9.5% kind of home loan rates. Y...
Adani Group firms dominate list of top wealth creators in 2022; Paytm, Zomato bleed mostFrom being the country’s biggest IPO, Paytm ended up being the biggest wealth destroyer over the past year. Amidst net losses, investors ha...
Gautam Adani steals the show again! Pips Ambani to become richest Indian in 2022Despite the year seeing a sharp depreciation in the rupee amid the weak global macroeconomic conditions, the combined wealth of India’s 100...
Tracxn IPO: Some cheer amid a dull IPO marketTracxn Technologies, founded in 2013, provides market intelligence data to private companies. The company has an asset-light business model...
How startups can become more ESG (employees, shareholders and government) readyThese practices, combined with deceleration in valuation, have led to the government stepping up its scrutiny of startups and their functio...
IPO boom of 2021-22 pain or gain? 6 lessons for investors from a record-breaking year for primary marketET Wealth reached out to experts to know what lessons can IPO investors draw from 2021-22. Here are a few learnings that could possibly hel...
Investor losses in Paytm, Nykaa, PB & Zomato mount to Rs 1.3L cr since Day 1Paytm has lost nearly two-third of its value as the IPO at issue price had sought a valuation of about Rs 1.39 lakh crore.
Paytm erodes over Rs 35,000 crore in investor wealth on weak listingForeign brokerage Macquarie has initiated coverage on One 97 Communications (Paytm) with an underperform rating and a target of Rs 1,200 co...