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PHONEPE MAPMYINDIA STAKE
PhonePe pares 5% stake in MapmyIndia for Rs 486 croreFollowing the stake sale, shares of CE Info Systems plunged 9.39% to settle at Rs 1,768.75 apiece on the BSE. The shares were sold at an av...- MapMyIndia shares crack 9% on likely 5% stake sale by PhonePe via block dealMapMyIndia's parent company, CE Info Systems, experienced a significant stock dip of 8.56% on the BSE following reports of PhonePe potentia...
- MapmyIndia withdraws plan to invest Rs 35 crore in B2C venture amid concerns raised by minority shareholdersThe chief executive officer (CEO) said that although MapmyIndia's board approved the investment, it will not take place due to the concerns...
- Cred’s NBFC may raise $50-70 million; MapmyIndia CEO wants internet body IAMAI to reflect Indian voicesKunal Shah-owned Newtap Technologies, which acquired Parfait Finance, an RBI-registered NBFC, is in talks to raise equity capital from Cred...
- ETtech Unwrapped: Gig workers versus Blinkit, and other top stories this weekEven for Blinkit, the change in payout structure was the straw that broke the camel’s back with delivery executives telling us that they ha...
- MapMyIndia IPO subscribed 2.02 times on Day 1MapMyIndia is selling shares for 1,000-1,033 apiece to raise as much as Rs 1,039.6 crore at a valuation of Rs 5,500 crore. The IPO, a pure ...
- RateGain Vs MapmyIndia: Which SaaS company is sassy for you?The premium for MapmyIndia in the grey market is around Rs 890-900 per share, which is about 85-90 per cent of its price band. RateGain is ...
- MapmyIndia IPO kicks off: Here's why brokerages are bullish on the issueThe company has fixed the price band for the stake sale at Rs 1,000-1,033 apiece and investors can bid for a minimum of 14 shares and then ...
- Ahead of IPO, MapmyIndia garners Rs 312 cr from anchor investorsThe company has allotted 30.19 lakh equity shares to 24 anchor investors at Rs 1,033 apiece, taking the transaction size to Rs 312 crore, a...
- C E Info Systems offer more suited for long-term investorsThe company has a strong presence in the fast growing geospatial and mapping solutions with a clientele across government and private secto...
- MapmyIndia IPO opens on Dec 9, price band fixed at Rs 1,000-1,033MapMyIndia IPO is entirely an offer for sale (OFS) of 1,00,63,945 equity shares with a face value of Rs 2 each by the existing shareholders...
- Geospatial policy and India market growth catalysed IPO plans: MapmyIndiaChief executive and executive director Rohan Verma told ET that the decision to go in for an initial public offering was due to the overwhe...
- Amazon writes to Sebi on Future-Reliance; CCI meets sellers for ecomm probeAmazon, which won a huge victory against Future Retail in the Supreme Court in early August, is doing everything in its power to thwart its...
- Zomato responds to ad controversy; Ola chooses banks for IPOOla has chosen three banks — Kotak Investment Banking, Citigroup and Morgan Stanley — to manage its $1-billion IPO. PhonePe has received an...
- MapmyIndia looks to raise Rs 1,200-1,300 crore via IPOFlipkart, which is one of the investors in MapmyIndia, and promoters will sell part of their stake in the IPO that will also include an iss...
- Covid continues to disrupt hiringOur first three stories today highlight ways in which the pandemic has changed how companies hire, manage and retain employees.
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