by AIP Online Bureau | Nov 18, 2021 | Eco/Invest/Demography, Indian News, Technology
Paytm, backed by China’s Ant Group and Japan’s SoftBank and Berkshire Hathway, grew rapidly after Uber listed it as a quick payment option in India and has expanded into a plethora of services – insurance and gold sales, movie and flight ticketing,...
by AIP Online Bureau | Nov 16, 2021 | Eco/Invest/Demography, Indian News, Life
Banks plan to file the draft IPO prospectus with the markets regulator by the first week of December, once the embedded value of the firm is finalised, the people said. The government may also allow foreign direct investment in LIC to ensure a diversified and strong...
by AIP Online Bureau | Nov 15, 2021 | Indian News, Intermediaries, Technology
The stock made its debut at Rs 1,150, up 17.34 per cent on both the BSE and NSE. It then gained 22.95 per cent to Rs 1,205 on the BSE. The initial public offer of PB Fintech Limited was subscribed 16.59 times earlier this month. Mumbai: Shares of PB Fintech Ltd, which...
by AIP Online Bureau | Nov 12, 2021 | Eco/Invest/Demography, Facts
About 350 current and ex-employees will each have a net worth of at least 10 million Indian rupees ($134,401.38) after Paytm’s $2.5 billion IPO, a source in the company told Reuters. Many, like Pandey, will become dollar millionaires when the company lists next...
by AIP Online Bureau | Sep 30, 2021 | Indian News, Non-Life, Policy
Mumbai, Sept 30: The government's decision to infuse Rs 4,400 crore in state-owned credit insurance provider ECGC Ltd and its listing through an initial public offering, expected in next 18 months, will increase the company's underwriting capacity...
