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VSS HOLDINGS
This Ambani-owned stock's market cap slips below cash balance. Is it a deep value pick?JustDial's market capitalization has fallen below its cash reserves, prompting questions about its valuation. Despite a significant drop in...- Paytm brings entities under direct ownership to simplify its structurePer the terms of the restructuring, Paytm will acquire stakes from its founder, Vijay Shekhar Sharma, and his entities in subsidiaries, inc...
- Paytm shares drop 9% following report of Sebi's show-cause notice to Vijay Shekhar SharmaPaytm Share Price: Paytm shares saw a 9% dip to Rs 505.25 following news that SEBI issued show-cause notices to Vijay Shekhar Sharma and ex...
- Paytm withdraws general insurance licence application; to focus on distribution-only modelTroubled fintech Paytm will increase focus on insurance distribution. It had earmarked Rs 950 crore to invest in the entity applying for th...
- Paytm board approves stake hike to 74% in new general insurance unitTo invest Rs 950 crore in unit over 10 yrs; Co reappoints founder Sharma as MD & CEO for five yrs
- Paytm forms joint venture general insurance firm; to invest Rs 950 crore in 10 yearsInitially, One97 Communications (OCL) will hold a 49 per cent stake in PGIL while the rest 51 per cent stake is to be owned by OCL's managi...
- Paytm’s general insurance deal with Raheja QBE terminatedIn a stock exchange filing late on Sunday night, Paytm parent One97 Communications (OCL) said “the share sale and purchase transaction has ...
- Temasek leads $52.7 million investment in Ola ElectricAccording to the filings, Ola Electric has allotted 371 Series C preference shares at an issue price of Rs 1,07,34,870 per share to raise R...
- Paytm founder Vijay Shekhar Sharma to self-finance stake increase in insurance bizOne97 Communications founder Vijay Shekhar Sharma and two of his holding companies — VSS Holdco and VSS Networks — together will own close ...
- Just Dial founder Mani sells 21% to Reliance Retail in Rs 1,332 crore block dealAs part of the deal, Just Dial said it will make a preferential allotment to Reliance Retail at ₹1,022.25 share to infuse ₹2,164.88 crore i...
- Reliance Retail-Just Dial deal: Open offer disappoints yet analysts bullishA few brokerages have turned bullish on the stock, as they feel Reliance's parentage would soon bring in a differentiated advantage to the ...
- Red herring, red flags: Top 10 takeaways from Paytm’s draft IPO filingPaytm has filed its much-awaited draft red herring prospectus for a Rs 16,600 crore initial public offering (IPO). Here are 10 key takeaway...
- Paytm files for biggest Indian IPO in at least a decadePaytm parent One97 Communications has filed a draft red-herring prospectus (DRHP) with Sebi to raise Rs 16,600 crore ($2.2 billion) in what...
- Paytm loan to help fund Vijay Shekhar Sharma’s Raheja QBE dealAn early closure of the Paytm-Raheja QBE deal, which was announced nearly a year ago, is crucial for the Paytm IPO slated for November this...
- Cabinet approves closure of Scooters India: SourcesThe Cabinet Committee on Economic Affairs (CCEA) is believed to have given consent to shutting down of Lucknow-based Scooters India Ltd at ...
- Oyo founder Ritesh Agarwal sets up Aroa Ventures to place startup betsSingapore-based Aroa Ventures plans to invest between $500,000 and $5 million, and is targeting opportunities across the consumer, technolo...
- Cafe Coffee Day's Siddhartha's suicide is heartbreaking for entrepreneurs: Paytm’s Vijay ShekharA whole generation of internet entrepreneurs have small-town roots and hunger to build something successful.
- Virgin Galactic spacecraft sets new speed, altitude recordSpaceship VSS Unity -- the fifth Virgin Galactic supersonic rocket powered test flight -- also carried research payloads from the NASA.
- Sequoia Capital sells almost 1% stake in Just DialSequoia Capital India Investments III, SCI Growth Investments II and Sequoia Capital India Growth Investment Holdings I, which held 4.10 pe...
- Government recommends winding up of loss-making STCLGovt has recommended winding up of loss-making STCL saying the firm has suffered massive liability of Rs 1,208 cr on account of fraud and c...
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