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Seeking legal advise on SEBI order in land pledge case, no bearing on ongoing fundraising: ZeeZee Entertainment Enterprises is seeking legal advice after SEBI barred it from the securities market. The market regulator also prohibited...
Real estate firm Assetz files IPO papers with Sebi via confidential route; plans Rs 1,200 cr issueAssetz Ltd, a prominent Bengaluru-based real estate developer, has embarked on its journey towards an initial public offering by submitting...
ETtech Explainer: Inside Zepto's IPO U-turnZepto has paused its IPO and plans to refile its draft papers after two to three quarters. The decision follows months of valuation negotia...
Amazon soars as cloud revenue surge allays fears over ballooning AI betsAmazon shares surged after robust cloud sales growth validated AI investments. The company posted its strongest cloud growth in over four y...
IRDAI tightens ownership norms, eases capital infusionIRDAI has tightened oversight on insurer ownership changes and eased capital raising. Investors now need prior approval for shareholding ch...
Zee shareholders approve Rs 3,143 crore promoter fund infusion, ESOP planZee Entertainment shareholders have approved a Rs 3,143.5 crore preferential warrant issue to a promoter group entity, paving the way for h...
Zepto defers listing, to refile IPO papers after two quarters: CEO Aadit Palicha tells employeesPeople familiar with the discussions said the IPO pricing received from large institutional investors for Zepto’s anchor book was in the $2...
ETtech Deals Digest: Udaan, Yotta drive July tech funding to $886 million, up 17% on-yearIndian tech and startup funding saw a significant drop in July. Total funding reached $886.4 million across 82 investment rounds. Late-stag...
Amazon soars as cloud revenue surge allays fears over ballooning AI betsAmazon shares surged significantly after reporting robust cloud sales growth. This performance reinforced investor confidence in the compan...
Aditya Birla Capital Q1 Results: Profit jumps 40% YoY to Rs 1,175 croreAditya Birla Capital has announced an impressive forty percent increase in profits for the first quarter. The company’s consolidated total ...
Capital Group buys 1.5% stake in IIFL Fin for Rs 374 cr; stock rises over 2%Capital Group bought a 1.49 percent stake in IIFL Finance for Rs 374 crore. This acquisition was made through open market transactions from...
China emerging as long-term AI winner despite semiconductor market volatility: JefferiesChina leads the artificial intelligence race, particularly in consumer markets. Global semiconductor stocks face volatility, nearing 200-da...
Arboreal Bioinnovations raises Rs 230 crore led by Edelweiss’s EAAA, OmnivoreSpecialty food ingredient startup Arboreal Bioinnovations has raised Rs 230 crore in a Series A funding round. This capital will fuel manuf...
SBI raises Rs 4,691 crore via Tier 1 bonds at 7.75% couponState Bank of India raised Rs 4,691 crore through Basel III-compliant Additional Tier 1 bonds at a 7.75% annual coupon. The issue received ...
Adani Group raises Rs 43,500 crore, now plans another $3-4 billion in 6 monthsThe Adani Group is planning to raise another $3–4 billion over the next six months after mobilising Rs 43,500 crore through equity fundrais...
Anicut Capital launches Rs 175-crore seed fund to back 20 startupsAnicut Capital has launched its second early-stage equity fund. This new fund aims to raise Rs 175 crore for startups. The firm manages bet...
Atomberg engineering arm eyes funding ahead of parent’s Rs 2,000-crore IPOAtomberg Technologies' engineering arm is raising funds while the parent company plans an initial public offering. This move follows delibe...
Canara Bank to frontload ECL provisioning, plans ₹8,000 cr capital raiseCanara Bank will frontload expected credit loss provisioning within two years. The bank revised its provisioning projections upward to ₹12-...
IPO pipeline robust with 245 DRHPs filed with Sebi, 175 receive observations: EquirusIndia's IPO pipeline remains robust with 245 companies filing draft papers with Sebi, including 175 already cleared for launch. Strong dome...
ETtech Deals Digest: Veriqus, Raghu Vamsi, Neo Group lead weekly funding at $170 millionEarly-stage rounds accounted for 50.1% of the capital raised during the week, while late-stage deals made up 45%. Seed-stage startups contr...