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March 27, 2024
Alibaba Group is further retreating from a corporate overhaul announced a year ago by calling off an initial public offering for logistics unit Cainiao.
March 27, 2024
Nissan, in December, had confirmed it would invest 600 million euros ($650 million) in Renaults EV business Ampere, listing plans for which the French car-maker ditched earlier this year because of sluggish stock market conditions.
March 27, 2024
Budget RE Discounts Proceeds from LIC IPO : Rashtra News #Budget #Discounts #Proceeds #LIC #IPO The Centre has not accounted for proceeds from the initial public offering (IPO) of Life Insurance Corporation (LIC) in its revised budget estimates. Officials said though the attempt is to complete the listing in this financial year, the process could
March 27, 2024
Indian beauty company Nykka looks to physical retail expansion to meet consumer demand for offline sales : Rashtra News #Indian #beauty #company #Nykka #physical #retail #expansion #meet #consumer #demand #offline #sales While Nykka started as an e-commerce platform, founder and CEO Falguni Nayar is a "big believer" in physical retail and said there is demand
March 26, 2024
A subsidiary of Telecom major Bharti Airtel, Bharti Hexacom, is all set to open with Rs 4,275-crore issue on April 3 and close on April 5. A day before the start of the offer period, the bidding for anchor investors will open for a day on April 2. The price band for the IPO has […]
March 26, 2024
Kung Fu Panda 4: Monday's drop disappoints, collects Rs 1.26 crore. Despite a strong start and a good second weekend, the film faced a significant dro
March 26, 2024
WeWork filed for bankruptcy last November after failing to pay $95 million in interest payments
March 26, 2024
While FY24 saw firms from varied sectors tapping the IPO market, BFSI had a limited presence, with just Rs 9,655 crore being raised by companies from this sector. This accounts for about 18% of the total IPO fundraising, compared with 51% in FY23.
March 26, 2024
Alibabas Cainiao withdrew IPO in Hong Kong. Alibaba plans $3.75B stock buyout. Minority shareholders offered $0.62/share sale. Reported by Rishav Chatterjee; Edited by Tasim Zahid.
March 26, 2024
Alibaba has scrapped the planned Hong Kong IPO for its logistics unit Cainiao, deciding to double down on its investment in the strategically important unit.