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Jio IPO: Meta, Google among 10 global investors that backed billionaire Mukesh Ambani’s digital giantWhile Reliance Industries remains firmly in control with a 66.43% stake, the shareholder register reads like a who's who of global technolo...
Bain Capital CLO tranche defaults in post-2008 first for EuropeA European collateralised loan obligation managed by Bain Capital has defaulted on its most junior tranche, marking the first such failure ...
SBI Funds Management gets Sebi nod for IPOSBI Funds Management, India's largest mutual fund house, has secured SEBI's nod for its upcoming Initial Public Offering, expected to launc...
Jio IPO explained: What a fresh issue and no OFS in India's biggest public offer means for investorsReliance Industries' move to structure the proposed Jio Platforms IPO as a fresh issue of up to 27 crore shares, rather than a largely offe...
Jio IPO: Company to file DRHP today, plans fresh issue of up to 27 crore sharesJio IPO News: Reliance Chairman Mukesh Ambani announced that Jio's draft IPO papers will be filed with Sebi later today, marking a major mi...
Data centres, AI infra become IT's next growth betIndia's software services industry is finding new growth in data centers and AI. Companies like HCLTech, TCS, Accenture, and Cognizant are ...
L’Oréal adds Innovist to cart; HealthQuad's new fundHappy Friday! Personal care giant L’Oreal has acquired a majority stake in Innovist in India’s biggest D2C deal. This and more in today’s E...
Sebi proposes easing margin trading funding rules, tighter broker normsSEBI has proposed reforms to the Margin Trading Facility, including increasing broker net-worth requirements to Rs 5 crore, permitting LLPs...
The onshore gateway to global capitalIndia's economy is set to grow significantly, but its global market presence lags. GIFT IFSC is building infrastructure to bridge this gap....
InCred Capital expands global footprint with launch of US operations; appoints Arunava Das as CEO, North AmericaInCred Capital, the institutional, wealth and asset management arm of InCred Group, announced the launch of its US operations with the open...
Mukesh Ambani’s Jio may file for $4 billion IPO before Friday AGM: ReportReliance Jio Infocomm is reportedly days away from filing draft papers for its $4 billion IPO, potentially before Mukesh Ambani's AGM addre...
Cloudnine's 25% stake sale attracts top global PE firmsLeading global private equity firms are in the running to acquire a substantial minority stake in Cloudnine, India's premier maternity and ...
Sarvam’s unicorn raise; Big exits in new IPOsHappy Tuesday! Sarvam has vaulted into the unicorn club after a fresh funding round. This and more in today’s ETtech Morning Dispatch.
Purplle pauses fundraising talks as founders bag Rs 90-100 crore stakeBeauty retailer Purplle has paused fundraising talks due to valuation disagreements, while founders are buying back shares at a valuation o...
HDFC and Nippon Life India AMC shares rally upto 6% after FM Sitharaman hints at more foreign capital measuresHDFC AMC and Nippon Life AMC shares surged up to 6% after Finance Minister Nirmala Sitharaman indicated further measures to attract foreign...
Focus on structural trends, ignore market noise: Hiren VedMarkets react quickly to news, but Hiren Ved of Alchemy Capital Management advises focusing on reality over narratives. He highlights a glo...
Warburg, KKR, TPG among PE giants vying for 25% stake in CloudnineGlobal private equity giants, including Warburg Pincus and KKR, are vying for a 25% stake in India's largest maternity and pediatric hospit...