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Key domestic indices ended with strong gains on Wednesday, supported by rally in IT stocks. The Nifty closed above the crucial 13,600 mark. All the sectoral indices on the NSE ended in the green. Positive global cues boosted sentiment. The BSE Sensex rallied 437.49 points or 0.95% to 46,444.18. The Nifty 50 index added 134.80 points or 1% to 13,601.10. Hindustan Unilever (up 2.67%), ITC (up 2.14%) and Reliance Industries (up 0.37%) advanced. The broader market rallied. The BSE Mid-Cap index r...

Benchmark indices ended a volatile session with strong gains on Tuesday. The Nifty closed above the crucial 13,450 mark after slipping below that level in intraday. IT and pharma shares led the broader recovery. The S&P BSE Sensex jumped 452.73 points or 0.99% to 46,006.69. The Nifty 50 index added 137.90 points or 1.03% to 13,466.30. The Nifty opened higher at 13,373.65 today, but shortly changed its trend and hit the days low of 13,192.90 in morning trade. After displaying some volatility, ...

Zomato closes $660 million funding round: Deepinder Goyal December 21, 2020 Restaurant aggregator and food delivery company Zomato has raised US$660 million (over ₹4,850 crore), taking its valuation to ₹3.9 billion. CEO Deepinder Goyal tweeted on Friday evening that the company had added 10 new investors, including Tiger Global, Kora, Luxor, Fidelity (FMR), D1 Capital, Baillie Gifford, Mirae, and Steadview. Zomato is also in the process of closing a $140 million secondary transaction.  Som...

Key equity indices ended with small gains on Friday (18 December 2020), supported by firmness in IT shares. The barometer index, the S&P BSE Sensex, rose 70.35 points or 0.15% to 46,960.69. The Nifty 50 index added 19.85 points or 0.14% at 13,760.55. Both the indices attained record closing high levels. The S&P BSE Sensex hit a record high of 47,026.02 while the Nifty hit a record high of 13,772.85 in mid-afternoon trade. After a dull start, the benchmark indices declined and hit the days low i...

Stocks to Watch: TCS, Zee Entertainment, BPCL, Dishman Markets closed at record highs on Thursday. Photo: Hemant Mishra/MintPremium 2 min read Share Via Here’s a list of top ten stocks that may be in news on Friday: Tata Consultancy Services: Indias largest IT services firms share buyback programme of up to ₹16,000 crore commences today and closes on January 1. Last month, TCS shareholders had approved a proposal to buy back up to 5.3 crore shares of the company at ₹3,000 per scrip. TRE...

Zomato raises $660 million at a valuation of $3.9 billion Ten new investors, including Tiger Global, Kora, Luxor, Fidelity (FMR), D1 Capital, Baillie Gifford, Mirae, and Steadview, participated in the funding round, founder Deepinder Goyal annonced on the microblogging site Twitter. Zomato is also in the process of closing a $140 million secondary transaction. Food delivery startup Zomato on December 18 closed a $660 million primary financing round, valuing it at $3.9 billion, said its founder...

Explore Now Nifty futures on the Singapore Exchange traded 40.5 points, or 0.29 per cent, higher at 13,784.50, in signs that Dalal Street was headed for a tepid start on Friday. Here are a few stocks which may buzz the most in todays trade: Info Edge: Info Edge Ventures said Temasek has committed Rs 375 crore (about $50 million) to the fund. Info Edge Ventures is a Rs 750 crore early-stage venture capital fund backed by Info Edge, parent company of Naukri. The fund was launched in January this...

Indian food delivery giant Zomato secures $660 million Zomato has raised $660 million in a financing round that it kicked off last year as the Indian food delivery startup prepares to go public next year. The Indian startup said Tiger Global, Kora, Luxor, Fidelity (FMR), D1 Capital, Baillie Gifford, Mirae and Steadview participated in the round — a Series J — which gives Zomato a post-money valuation of $3.9 billion. Zomato had previously disclosed a fundraise of about $212 million as part ...

Zomato, Policybazaar-backer Info Edges investment fund raises ₹375 crore from Temasek Sanchita DashDec 17, 2020, 17:04 IST BCCL Info Edge’s investment fund called Info Edge Ventures has raised ₹350 crore from Singapore’s Temasek. This is a part of the ₹750 crore fundraise plan of the fund, which will invest in early-stage startups in India. Info Edge, the $5 billion company, runs Naukri.com, Jeevansaathi.com, 99acres.com and Shiksha.com.Info Edge’s investment fund called Info Edge V...

Info Edge Ventures Raises INR 350 Cr From Temasek Info Edge Ventures is a INR 750 crore early-stage venture capital fund backed by Info Edge Grow Your Business, Not Your Inbox Stay informed and join our daily newsletter now! Email Youre reading Entrepreneur India, an international franchise of Entrepreneur Media. Info Edge Ventures, a INR 750 crore early-stage venture capital fund backed by Info Edge, on Thursday announced that it has raised INR 350 crore from Singapore headqu...