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Zetwerk’s early backers stand to make returns of up to 38-fold at IPO priceVenture capital (VC) firms Kae Capital, Accel, Peak XV Partners and Lightspeed Venture Partners will together sell 76.3 million shares, acc...
Jubilant Pharmova block deal: Quant Mutual Fund offloads Rs 190 crore stake amid Rs 800 crore fundraising plan; Abakkus buys 11 lakh sharesQuant Mutual Fund sold 20.81 lakh shares of Jubilant Pharmova worth Rs 190.47 crore in bulk deals, while Abakkus Four2Eight Opportunities F...
One.Tel collapsed in 2001 after billing failures and a cash crisis. How its legal fallout led to a $40 million settlement in 2014One.Tel collapsed in 2001 after years of trading losses, billing failures and mounting cash-flow problems. The Australian telecom company's...
Zetwerk sets IPO price band at Rs 143-151, seeks Rs 25,583 crore valuationThe company's IPO will be worth Rs 5,012 crore, comprising a Rs 2,830-crore fresh issue and an offer for sale (OFS) of 144.5 million shares...
Zetwerk IPO: Fresh issue size raised to Rs 2,830 crore, OFS grows 49%The number of selling shareholders remains unchanged at 24, but eight institutional investors, including Peak XV Partners, Lightspeed Ventu...
Tech companies tap debt, equity to fund AI and cloud expansionMajor tech giants like Alphabet and Amazon are gearing up for significant debt offerings aimed at bolstering their AI capabilities. Meanwhi...
Credfix raises Rs 16.1 crore in seed funding led by Tanglin Venture PartnersThe investment will focus on enhancing artificial intelligence functions and extending support to borrowers nationwide.
₹5 lakh credit card limit but you only use ₹70k? Can unused credit help your CIBIL scoreLearn about the crucial impact of your credit card utilization ratio on your CIBIL score and recognize what a balanced ratio looks like. Un...
IPO Ahead! Electrical products maker Biocon Electric files draft papers with SebiBiocon Electric has filed DRHP with Sebi for a Rs 59 lakh-share IPO, comprising a fresh issue and OFS. The company plans to use fresh proce...
Cube Highways Trust secures Rs.1,150 crore through AAA-rated NCDsCube Highways Trust has triumphantly secured Rs. 1,150 crore by issuing senior secured NCDs, boasting a competitive coupon rate of 7.50% pe...
Jio Platforms IPO may open on October 21, issue estimated at $3.8 billion: ReportThe IPO is expected to remain open until October 23, with the anchor book likely to open on October 19. The shares are targeted to list on ...
SBI-led lenders say Vijay Mallya owes Rs 8,752 crore moreA group of lenders, spearheaded by the State Bank of India, has revealed that Vijay Mallya still owes an astonishing Rs 8,752 crore. This f...
Vishakha Renewables files IPO papers, eyes Rs 1,250 croreVishakha Renewables, a company founded by Gautam Adani that specializes in solar components, has submitted its Draft Red Herring Prospectus...
NSE gets Sebi nod to launch corporate bond index futuresIndia's National Stock Exchange has received a no-objection certificate to introduce futures contracts linked to a corporate bond index. Th...
India’s external debt rises to $778.2 billion in June quarter: RBIIndia's total external debt rose by USD 15.4 billion to reach USD 778.2 billion by June 2026. The external debt-to-GDP ratio showed a sligh...
Air India's ₹10,000 crore fundraise plan draws cashflow concernsAir India is currently looking to secure ₹10,000 crore in fresh loans for various operational needs. Some lenders are hesitant to provide c...
Panel proposes raising RBI's ways and means advances corpus by 11.2% to Rs 67,839 croreThe panel has also recommended an annual review of the WMA corpus capping annual upward revision at 4%. The extent of upward revision could...
HCLTech software unit to acquire European firm Robotiq.ai for 9 mn eurosThe company will acquire 100% of the outstanding equity of Robotiq.ai to be acquired by HCL Technologies Austria GmbH, a step- down wholly ...
PC Jeweller becomes debt-free after clearing dues of all 14 consortium banksPC Jeweller Ltd has successfully cleared its dues with 14 consortium banks, becoming completely debt-free. The company’s total debt was app...
Want to repay your debt quickly? Debt Avalanche vs Debt Snowball - know which method can help you become debt-free fasterAre you drowning in debt? Explore two effective strategies for repayment: the debt avalanche and debt snowball methods. The debt avalanche ...