The creator of Meesho, Vidit Aatrey, claims that the company’s “next round of investment might be an IPO.”
Meesho CEO Vidit Aatrey claimed that the company might raise its next round of investment through an IPO on Saturday.
Shareholders of Vodafone Idea approve the issue of convertible debt to ATC.
Vodafone Idea shareholders agreed to the Rs 1600-crore preferential issuance of optionally convertible debentures to American Tower Corporation (ATC) on Saturday,. This move will allow the financially disadvantaged telco to…
Ant Group to sell part of their Paytm stakes, awaits financial holding license from China
Fintech Giant Ant group, backed by Alibaba Group Holding of Jack Ma, has considered selling part of their stake in One 97’s PayTM. The official announcement is awaited as the…
IRCTC decides to trade ex-dividend
Indian Railway Catering and Tourism Corporation, IRCTC decided to trade its shares ex-dividend on Wednesday. The move was taken while taking the Rs 3.5 dividend announced along with the third…
Adani Group falls with Adani Enterprises tumbling by over 10 %
Adani Group continues their downfall rout with their Adani enterprises hitting at over 10% lower circuit close at Rs 1,404.85 on the BSE. During the day, it fell 11.94 percent…
The Indian rupee falls 3 paise to 82.76 against US dollar
The rupee began sluggish at the interbank foreign exchange recording a decline of 3 paise from its previous level, on Tuesday. It fell 7 paise further to the value of…
Chidambaram criticizes the BJP government’s inadequate response to Soros’ statement
Senior Congress leader P Chidambaram said that tagging George Soros' comments as an "attempt to topple the democratically elected government in India" is an amateur statement, on Saturday.
Union Budget 2023: The Education sector sees a new high
On Wednesday, Union Finance Minister, Nirmala Sitharaman allocated about 1.13 lakhs to the Education Ministry, which is an approx 8.3 percent surge than the previous year's budget estimate of 1.04…
Telecom budget allocations focus on BSNL revival and rural 5G rollout
In an attempt to revive BSNL, the Union Government is set to infuse over 50,000 crores. The finance minister announced the pre poll budget today at the Lok Sabha for…
Gautam Adani’s Hydrogen, Airports, Data Centre Businesses to Demerge by 2028
Adani Enterprises Ltd. (AEL) plans to demerge businesses like airports, data centres, and hydrogen between 2025 and 2028. "The businesses have to achieve a basic investment profile and maturity before…