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PB Fintech shares slide up to 8% after Temasek arm likely sells over 2% stake via block dealPB Fintech shares fell sharply on Friday after reports said Temasek-linked MacRitchie Investments likely sold more than a 2% stake via a bl...
MacRitchie to sell up to $200 million stake in India's PB Fintech, term sheet showsMacRitchie Investments is set to divest up to $200 million in PB Fintech, the parent company of Policybazaar and Paisabazaar. This move inv...
Young, loss-making startups keep OFS portion lean as investor scrutiny growsNew-age, loss-making startups are prioritising large fresh issue components in their IPOs to fund growth, a shift from the 2021-22 cycle. I...
Cred’s Kunal Shah is WhatsApp’s new CEOCred founder Kunal Shah will join WhatsApp as its global head after Meta announced a nearly $900 million investment in the fintech firm. Th...
Home loan insurance: Protecting the dream home without paying more than you need toHome loan insurance is emerging as an important financial safeguard for Indian homebuyers, helping families manage outstanding loan liabili...
Commission caps to pose existential threat to insurance distributors: Policybazaar’s Yashish DahiyaPolicybazaar faces potential business disruption from IRDAI's proposed commission caps, prompting consideration of an insurance manufacturi...
PB Fintech shares in focus after founders sell stake worth Rs 665 crore in Policybazaar parentPB Fintech founders sold shares worth Rs 665 crore. Yashish Dahiya and Alok Bansal offloaded stock on Friday. Major investors like Goldman ...
Small & midcaps rally! Coforge, Ola Electric, FirstCry & other stocks jump up to 7%Small and midcap stocks rose sharply on Tuesday, lifting broader markets and outperforming benchmarks. Coforge led midcap gains, while Ola ...
SoftBank logs $600 million paper loss on India-listed portfolio in March quarterSoftBank's Indian investments faced a significant downturn in the January-March quarter. Several prominent companies like Swiggy and Ola El...
Stocks in news: BSE, Britannia, Paytm, Meesho, RILIndian markets showed resilience, climbing despite volatility, buoyed by positive global trends and falling crude oil prices. Analysts anti...
Job cuts at Freshworks; Meesho, PB Fintech Q4 earningsFreshworks announced job cuts as it ramps up AI focus. This and more in today's ETtech Top 5.
Valuation reset drives mutual fund inflows into listed new-age firms amid FPI selloffMutual funds increased their stakes in new-age companies during the March quarter, despite falling share prices and overall portfolio value...
Policybazaar shares jump 7% on IRDAI's license upgrade for PB Fintech's armThe insurance regulator upgraded the license of the company's wholly-owned subsidiary Policybazaar Insurance Brokers Private Limited to 'Co...
Policybazaar shares jump over 11% as investors buy the dipOut of the 11 analysts covering the stock, nine of them have strong buy ratings while one has a buy and one has a hold rating. In the Septe...
Policybazaar shares spike 12% a day after hitting 52-week lowDisclosures made under SEBI SAST (Substantial Acquisition of Shares and Takeovers) Regulations show that Tiger Global Eight Holdings and In...
Policybazaar shares rally 8% today. Here's whyThe company currently holds a 100 per cent stake in Paisabazaar and it will invest Rs 250 crore in the subsidiary during FY22-23 to meet it...
JM Financial sees limited upside for PolicyBazaar in near-termThe brokerage has initiated coverage on the online insurance broker with a “hold” rating and a price target of Rs 1,270, which implies a ne...
PB Fintech shares zoom 18% after fund buying actionPB Fintech attracted major fund action as the Capital Research and Management Company bought 34,18,354 equity shares or 0.76 per cent stake...
Should you hold PolicyBazaar for the long run or take some money off the table?Vishal Balabhadruni, BFSI Analyst, CapitalVia Global Research, said the issue seemed to be good for the short term or listing gains but lon...
- Policybazaar IPO kicks off: Should you stay away from the issue?
Reliance Securities said Policybazaar IPO is valued at 22.1x FY21 book value and 46x on market cap to FY21 sales, which looks stretched.