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JPMorgan Chase plans to grow its headcount in India by 5%-7% annually over the next few years, a senior executive told Reuters, as the Wall Street bank doubles down in one of the hottest markets...
Zomato's IPO playbook SUBSCRIBE Thank you for subscribing to Unwrapped We'll soon meet in your inbox. / Unwrapped This is Samidha. After its hugely successful IPO last week, Zomatomade a bumper debut on Dalal Street on Friday (July 23). The stock closed at Rs 125.85 on the Bombay Stock Exchange, 65.59% higher than the issue price. I delved into the various factors—from meticulous planning to perfect timing—that made Zomato’s journey to the public markets a hit. On Sept. 12, 2020, Deepinder Goyal, Zomato’s founder and CEO, wrote an email to employees, which seemed more like an update...
Startups raise the roof in 2021 Want this newsletter delievered to your inbox? SUBSCRIBE Thank you for subscribing to Morning Dispatch We'll soon meet in your inbox. / Morning Dispatch Risk investors have been pumping money into Indian startups at a feverish pace this year. A new report shows they invested more in the first half of 2021 than they did in all of 2020. The pandemic is certainly a factor, but so is the parade of IPOs that’s around the corner. Also in this letter: Paytm rejigs board ahead of public listing Trading dips as crypto prices keep falling Indian startups raised $12.1 ...
PMC finally has a buyer. RBI has given Centrum and BharatPe the initial approval to rescue the scam-hit co-operative bank. What does this mean for anxious PMC depositors, the new buyers, and the sector? ET's Sugata Ghosh and Ashwin Manikandan discuss. Credits: TV18, Times Now, ET Now, BloombergQuint.
Morning Brief (ET Bureau) Indulekha Aravind | 21:29 Min | February 25, 2021, 8:00 AM IST K-pop, with its fanbase of millions of youngsters, was an attractive opportunity for scamsters on Twitter using the guise of fake crypto accounts and giveaways. But then the fan group called ARMY decided to fight back. ET's Shephali Bhatt and Ashwin Manikandan discuss their investigation of this unique scam lying at the intersection of crypto and Kpop – both hugely popular subcultures. Tags