Walmart-owned PhonePe, one of India’s largest digital payments and financial services players, has officially taken its first big step toward the public markets. The Bengaluru-headquartered unicorn has filed draft papers with the Securities and Exchange Board of India (SEBI) under…
GS on MarutiUpgrade to Buy, TP Raised to Rs 18900To factor inPotential pickup in market for entry level cars post GST cuts & price changesResumption of new model launches after a gap of 2.5 years with Victoris SUV + eVitaraFavorable…
IPO, which is expected to raise about $250 million and take place next year, is likely to include a fresh issue of shares and secondary sales by existing investors at a valuation of as much as $1.5 billion" title="The IPO,…
Sensex Today | Morgan Stanley keeps 'underweight' rating on SBI Cards, target price at Rs 710 #1 Spending market share rose 50 bps MoM to 17.3 percent in August #2 Market share in credit cards in force (stock) was flat…
“If you look at the valuation in India and the home country where the company (with a significant presence in India) operates, it’s safe to say that they should be evaluating options to list their subsidiary in the Indian market…
Every business starts with a seed of ambition, sometimes it is just a few thousand rupees, but the dream is always bigger. Every entrepreneur envisions building something that not only survives but thrives, one day finding its place among India’s…
Sensex Today | Amber Enterprises India raises Rs 1,000 crore The company has raised Rs 1,000 crore via the allotment of 12,57,861 shares to qualified institutional buyers, including Nomura India, Invesco India, HDFC Life Insurance, Allianz Global Investors Fund, and…
In the fast-paced world of Indian fintech, PhonePe has emerged as one of the most formidable players. Backed by Walmart, the company’s latest financial results for FY25 paint a picture of strong revenue growth, improving efficiency, and strategic readiness for…
Danish audio-video giant Jabra is doubling down on the India market, reveals Jabra Enterprise president Calum MacDougall in a recent interaction with Fortune India. Reason? For the audio specialist company, the market is seeing a double-digit growth, comparatively higher than other…
The company has signed five Memorandums of Understanding (MoUs) with strategic partners in the shipbuilding, port, and infrastructure sectors. The company and its partners will explore and jointly develop projects across multiple domains: newbuild construction, ship repair, construction of green…