December 10th, 2018
Soon after cab aggregator Lyft applied for nearly 2019 initial public offering, Uber is on the same path and the company issecretly planning to file for an IPO, marking the beginning of a race for thetwo ride-hailing giants to the stock markets.
Most recently,Uber’s private market valuation was a whopping $72 billion value. Founded...
November 13th, 2018Two companies of two different sectors have received regulatory nods to float initial public offerings (IPOs). Those two companies are biscuit maker Mrs. Bector's Food Specialties and automotive and aerospace component manufacturer Sansera Engineering.
With this approval, SEBI has agreed upon a total of 65 IPO proposals in 2018....
October 24th, 2018US startup Cloudflare whose software makes websites load faster and with greater security is planning to launch its initial public offering (IPO) that could value it at more than $3.5 billion.
The company is expecting to go public in the first half of next year, joining a string of software and internet firms seeking to tap the...
October 10th, 2018Dubai-based payment processing firm called Network International which is the largest of its kind in the Middle East and Africa, is currently evaluating the possibilities and expecting to launch its initial public offering.
The company is jointly owned by Emirates NBD and private equity firms Warburg Pincus and General Atlantic.
The...
September 14th, 2018Meituan Dianping, Chinese online food delivery-to-ticketing services company has reportedly raised $4.2 billion in the world's largest internet-focused IPO in four years.
Tencent Holdings-backed Chinese firm sold about 480 million primary shares at HK$69 ($8.79) each in the Hong Kong IPO. This IPO valued the company at around $52.8...
September 13th, 2018One of the largest electric vehicle startup NIO which is also a rival of Tesla has reportedly has made its market debut on the US stock market with a $1 billion IPO (initial public offering).
The company’s basic motive behind this move is to boost up the production of its electric vehicles as well as and expand their EV...
September 4th, 2018China’s largest online movie ticketing service Maoyan Weiying reportedly filed for an initial public offering (IPO) on the Hong Kong stock exchange. The Tencent-backed company, however, has yet not disclosed that when the IPO will be or other valuation details.
But, according to the earlier reports of this year, Maoyan aims to...
July 31st, 2018In a recent news, Cryptocurrency Bitcoin fell below $8000, as investors stepped away from the risk exposure to cryptocurrencies, due to selloff in shares of technology and internet companies spilled over into other high risk assets
Bitcoin is a cryptocurrency, a kind of electronic cash. It is a decentralized digital...
May 17th, 2018While Flipkart is still filling all legal documents and other details for the Walmart acquisition, Flipkart India, the wholesale arm of Flipkart, was able to cut down losses in FY17 by 55% when compared with FY16.
According to filings at the Ministry of Corporate Affairs (MCA), Flipkart reported a net loss of $36 million (Rs 244 Cr)...
February 20th, 2018Shares of Gitanjali Gems & Punjab National Bank (PNB) tumbled over 10% to 7% yesterday, following the Rs 11,400-crore fraud by Nirav Modi.
PNB shares were down to 7.16 per cent to its 52-week low of Rs 116.65 on BSE. At NSE, shares of the company dived 6.77 per cent to hit a one-year low of Rs 117.05. In four trading sessions, the...
January 30th, 2018If you are waiting for a dip to invest fresh capital in the market, especially after a strong rally seen in the equity market so far, then is this the right time for you?
Let's have a look what history has to say. If you are waiting for a dip, then chances of happening that are very low. Have a look at the data shown below:
As...
November 1st, 2017CME Group, the world's leading and most diverse derivatives marketplace, announced on Tuesday that it intends to launch bitcoin futures in the fourth quarter of 2017, pending all relevant regulatory review periods.
The new contract will be cash-settled, based on the CME CF Bitcoin Reference Rate (BRR) which serves as a once-a-day...
