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PB Fintech Ltd, which runs the online insurance platform PolicyBazaar and the credit comparison website PaisaBazaar, has obtained approval from SEBI to raise Rs 6,017.50 crore through its IPO.

E-commerce Market Outlook 2021: Big Things are Happening

The company will utilize the funds to expand the organization, and further their investment in innovative technology

Benchmark indices snapped their four-session losing streak on Monday, led by gains in index heavyweights such as Reliance Industries, Infosys and ICICI Bank.

SJM called the "flipping" detrimental to the startup environment in India where these “high-value startups” are no longer Indian in essence.

Mazhar Mohammad of Chartviewindia.in said unless Nifty50 bridges Fridays bearish gap zone of 16,509-16,535 level, the trajectory of the market shall remain on the downside.

There are 29 BSE500 companies where foreign portfolio investors own at least 33 per cent or a third of the stake. They included HDFC where FPI ownership stood at 72.22 per cent at the end of June quarter. Shriram Transport, Zee Entertainment, Apollo Hospitals, Axis Bank and IndusInd Bank are some stocks where FPI ownership is in excess of 50 per cent.

The list of stocks includes Fortis Healthcare, where ace investor Rakesh Jhunjhunwala held 4.31 per cent stake as of June 30.

"Frankly, the talent market is super hot right now. Every company is hiring. Every company has higher attrition than they had a year ago."

"Frankly, the talent market is super hot right now. Every company is hiring. Every company has higher attrition than they had a year ago," says Info Edge MD & CEO.