Page 64 - Intelligence Group News Today

This is because half of the companies that reserve portions for employees in their IPOs are not able to get the portion fully subscribed. Hence, when the employees over-subscribe to an issue, it indicates high confidence in the prospects of the business.

True North Fund, a private equity firm and the selling investor, will reduce its stake to 14.4% from 25.4%. The lender focuses on rapidly growing segments of micro, small and medium enterprises (MSME), self employed individuals and gold loans.

The shares in the IPO are offered by promoter Tata Motors, whose holding will drop to 55% after the IPO from 66% and two other investors who will garner nearly ₹728 crore from selling their stakes.

Mumbai headquartered Gandhar Oil Refinery is manufacturer of white oil, a crude oil derivative used as a base carrier to manufacture personal care products, ointment, and hair oil. It has a market share of over 26% in the local market.

Alibaba Group Holding Limited's (NYSE: BABA) market value has plunged to about half that of rival Tencent Holdings Ltd (OTC: TCEHY) as it battled the double whammy of sluggish demand and brewing competiti

Alibaba is drifting towards its 52-week lows after it spooked markets by shelving the IPO plans of its cloud divisions.

Revenue expanded in single digits as consumer goods companies faced volume pressure and IT companies continued to struggle for growth.

Alibaba Group Holding Limited and 89988 , “Alibaba” or “Alibaba Group”) today announced its financial results for the quarter ended September 30, 2023. “Alibaba Group delivered a solid...

Copyright © Emerce 2023 Alibaba Group saw third-quarter revenue rise to $31 billion. Over that summer period, it posted a net profit of $3.7 billion. Half of its sales are realized by Alibaba in...

(CTN News) - Due to U.S. chip export restrictions, Alibaba's U.S.-listed shares fell on Thursday after the Chinese e-commerce giant decided..........