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The cookie jar: Rs. 403 crore of expected losses simply disappeared, and turned into profit. Nobody had earned a rupeeA provision is simply management's estimate of a future cost the company can already see coming: Repairs under warranty, a lawsuit it might...- Rentomojo IPO Day 3: GMP at 33%, subscription reaches 4.71 times. Should you subscribe?Rentomojo IPO entered its final bidding day after being subscribed 4.71 times by Day 2. A 33% grey market premium and SBI Securities’ ‘Subs...
- Rentomojo IPO day 2; GMP signals 35% potential listing gains. Should you subscribe?Rentomojo is currently in the second day of its initial public offering, displaying an impressive grey market premium of thirty-five percen...
- Rentomojo IPO Day 1: Issue fully subscribed at 1.42 times, GMP signals 32% potential listing gains. Should you subscribe?Rentomojo IPO GMP: The Rentomojo IPO opens for subscription on September ninth, drawing significant investor attention. The stock currently...
- Madhu Kela-backed fund invests in Steamhouse India IPO as company raises Rs 124 crore from anchor investorsSteamhouse India raised Rs 124.2 crore from anchor investors, including funds backed by Madhusudhan Kela and Sunil Singhania, ahead of its ...
- Rentomojo IPO may unlock 152x gain for Nazara Tech founder Nitish MittersainRentomojo, the furniture and appliance rental company, is gearing up for a significant IPO, poised to raise over one thousand crore rupees....
- Prasol Chemicals mobilises Rs 150 cr from anchor investors ahead of IPOPrasol Chemicals has raised nearly Rs 150 crore from anchor investors ahead of its Rs 500-crore IPO, which opens on September 8. The specia...
- VC-backed B2B firms feel the weight of growth-era debtIndia’s venture-backed B2B firms are grappling with debt accumulated during high-growth years, with Zetwerk directing IPO proceeds towards ...
- Haier India revenue crosses $1 billion despite sluggish marketHaier India has achieved over one billion dollars in revenue, marking significant growth. The company's sales reached ₹9,974 crore in fisca...
- Rentomojo fixes price band for Rs 1,256 crore issue opening on September 9Rentomojo has fixed its IPO price band at Rs 384-404 per share for its Rs 1,255.57 crore public issue, which will open on September 9 and c...
- Struggling GoPro sells majority stake to optical maker Starman for $285 millionStarman Optical will acquire struggling GoPro for $285 million in cash. This deal aims to repay GoPro's debt and navigate market challenges...
- Subhash Chandra's dissenting lenders Canara Bank, Union Bank move NCLAT against NCLT orderDissenting lenders have challenged the NCLT order approving Subhash Chandra's personal insolvency plan. The Essel Group chairman's plan pro...
- Zee Entertainment shares crash 14% amid Subhash Chandra’s 99.97% loan haircut rowZee Entertainment shares crashed on Monday after the NCLT approved a repayment plan involving founder Subhash Chandra. The plan entails a r...
- Tempsens Instruments shares slide over 4% on profit booking after record listingTempsens Instruments shares fell over 4% on Monday as investors booked profits after the stock’s blockbuster debut on Friday. The shares ha...
- Bira 91 faces insolvency push as HNGIL seeks Rs 11.8 croreHindusthan National Glass has issued a default notice to Bira 91's parent company. The glass manufacturer seeks recovery of over eleven cro...
- Will Dalal Street see record Rs 70,000 crore IPOs in September? Jio and NSE buzz raises stakesIndia’s IPO market could see a record fundraising month in September, with companies potentially raising up to Rs 70,000 crore if Jio Platf...
- Sebi approves 7 IPOs including Jio Platforms, Paras Healthcare and Bharat PETSebi has approved seven IPOs, led by Reliance-backed Jio Platforms’ proposed Rs 37,700 crore offering. Paras Healthcare, Bharat PET, Paramo...
- IndiaFirst plans to raise Rs 250 cr in subordinated debtIndiaFirst Life Insurance plans to raise ₹150-250 crore through subordinated debt. BNP Paribas Cardif will acquire Warburg Pincus' stake in...
- Sebi proposes scrapping merchant banker requirement rule for small-ticket debt via private placementSebi has put forth a proposal to exempt small-value debt issuances from the requirement of appointing merchant bankers. This initiative is ...
- Medicover India expects to turn profitable in 12-18 months after KKR buyoutNineteen of Medicover’s 25 hospitals are already profitable, while the remaining facilities are in various stages of ramp-up, P Hari Krishn...
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