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ROUTE MOBILE FUNDRAISING
Ola Electric launches QIP to raise funds, sets floor price at Rs 37.74 a shareOla Electric Mobility has launched its qualified institutional placement (QIP) and set a floor price of Rs 37.74 per share. The company may...- US stock market | Blackstone-backed Liftoff Mobile refiles US IPO hours after pulling planBlackstone-backed Liftoff Mobile filed confidentially for an initial public offering in the U.S. on Tuesday, hours after withdrawing an ear...
- Stocks in news: LIC, Vedanta, IRCTC, RITES, NALCO, Adani Energy Solutions, Timken, CMS Info SystemsIndia's largest life insurer Life Insurance Corporation of India on Monday reported a net profit of Rs 13,782 crore for the quarter ended M...
- Additional Rs 25K crore debt won't cause much stress on Vodafone Idea: CompanyThe telecom JV of UK's Vodafone Group and India's Aditya Birla Group (ABG), in fact, is counting on the targeted funding primarily to plug ...
- Sequoia-backed Mobikwik said to pick banks for $84 million IPOMobikwik is working with DAM Capital Advisors Ltd. and SBI Capital Markets Ltd. for preparations of its listing, the people said, asking no...
- Bharti Airtel begins IPO process of subsidiary Bharti Hexacom: ReportThe report said Bharti Hexacom's valuation is likely to be pegged at Rs 20,000 crore and the listing process will likely be completed by ea...
- Airtel looks at $1-billion fundraise in move to repay spectrum dues, eyes offshore bonds issueIndia's second-largest telco is likely to engage with top global banks including Barclays and Citi later this month to decide on the prefer...
- Nexus Venture eyes $700 million fund to bet on India, US tech startupsThe fundraising, which one of the sources said will close within two months, is an indication that investors may be starting to get more co...
- Asian unicorns are trading 40% cheaper in private marketsThe affected billion-dollar companies range from financial technology and e-commerce to mobility and consumer, according to AJ Patel, a sen...
- India Inc raises over Rs 9 lakh crore through equity, debt issuances in 2021In 2020, firms raised Rs 11 lakh crore, including Rs 7.91 lakh crore through debt and Rs 2.12 lakh crore through equity.
- Route Mobile jumps 2.7% on big fundraising planRoute Mobile said the fundraising plan would be done through sale of securities and that close to 95 per cent of shareholders present were ...
- Route Mobile shareholders approve raising Rs 2,000 cr via securitiesAround 24.45 per cent of public institution shareholders who participated in the voting voted against the proposal.
- Despite a sharp runup, these 3 pharma stocks can be good betsAPI is a long -term structural play and Divi’s and Laurus Labs look very good, says Gurmeet Chadha.
- Stocks rally to revive IPOs from worst year since 2016A bunch of firms -- ranging from a drugmaker to a jeweler -- will likely test investor demand over the next few months, helping revive fund...
- Reliance Jio set to raise $500 million in overseas loansTelco needs funds for optic-fibre expansion and to prepare for upcoming spectrum sales.
- Idea may raise up to Rs 5,600 crore to pare debtFresh equity is expected to help Idea defend its RMS based on an increase in 4G/fibre capex, and/or help reduce its surging leverage ratio.
- Hawkr merges operations with BeatRoute InnovationsSingh said, "Integrating Hawkr with our solution will help us roll out our retailer app and broaden our customer base. They have a lot of d...
- New FDI limit ray of hope for cash strapped news networksWhile the increase of FDI to 100 per cent of non-news and current affairs channels is a major thrust, a senior sector analyst added a word ...
- TeleRickshaw to start auto pooling, raise $2 millionThe startup, which is developing a mobile application for the purpose, is in talks with three-four private equity players to raise $1-2 mil...
- WB, ADB may lend directly to urban bodiesThe government may allow multilateral funding agencies such as World Bank and Asian Development Bank (ADB) to directly extend debt to urban...
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