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CarTrade Tech gets SEBI nod for Rs.2,000 crore IPO

Mumbai, July 26 -- CarTrade Tech on Monday received market regulator Securities and Exchange Board of India's (SEBI) nod for the Initial Public Offering (IPO) to raise around Rs.2,000 crore. The comp... Read More


Market capitalisation of BSE-listed firms touches record high; crosses Rs.235 trillion

Mumbai, July 23 -- The market capitalisation of BSE-listed companies reached an all-time high of Rs.235 trillion on Friday, mainly driven by optimistic sentiments in the broader market. At close of t... Read More


IDFC gains 18.67% after RBI approves exit as promoter of IDFC First Bank

Mumbai, July 22 -- Shares of IDFC Ltd gained as much as 18.67% after the company said that the Reserve Bank of India (RBI) has allowed it to exit as the promoter of IDFC First Bank as the five-year lo... Read More


Paytm hits Rs.1469 billion GMV in June 2021 quarter; up 111% YoY

Mumbai, July 21 -- Mobile commerce firm Paytm clocked a gross merchandise value (GMV) of Rs.1469 billion for the quarter ended 30 June 2021 against Rs.697 billion for the same quarter last year, regis... Read More


Safe Security raises $33 million led by British Telecom

New Delhi, July 21 -- Safe Security, a Palo Alto based cyber risk management firm started in 2012 by three Indian founders raised $33 million from British Telecom(BT) Group, one of UK's largest teleco... Read More


Safe Security raises $33 mn led by telecom firm BT Group

New Delhi, July 21 -- Safe Security, a Palo Alto-based cyber risk management firm founded in 2012 by three Indians, raised $33 million funding round led by BT Group Plc, one of the UK's largest teleco... Read More


Automovill raises $500K from Mumbai Angels Network, and NEDFi Venture Capital

MUMBAI, July 20 -- Automovill, a full-stack mobility startup, has raised $500,000 in a bridge round from Mumbai Angels Network, along with existing investor NEDFi Venture Capital, taking the funds rai... Read More


Tatva Chintan IPO subscribed 182.04 times on the final day of bidding

MUMBAI, July 20 -- The Rs.500-crore initial public offering (IPO) of speciality chemicals manufacturer Tatva Chintan Pharma Chem was subscribed 182.04 times on the final day of bidding. The offer rec... Read More


Tree Line Asia Master Fund sells Just Dial shares worth Rs94 crore

New Delhi, July 19 -- Hedge fund Tree Line Asia Master Fund (Singapore) on Monday sold over nine lakh shares worth Rs.94.20 crore in local search engine Just Dial through open market transactions. Ac... Read More


Tatva Chintan Pharma Chem IPO subscribed 15.19 times on Day 2

New Delhi, July 19 -- Specialty chemical company Tatva Chintan Pharma Chem's initial public offering (IPO) was subscribed 15.19 times on the second day of bidding after an overwhelming response from r... Read More