Stock Market Today: Medplus Health Services share price gained more than 3% in morning trades on Tuesday after the bulk deal data on the NSE showed that Kotak Mutual Fund, Franklin Templeton Mutual Fund and Invesco India picked up stakes in the company. NSE Bulk deal data showed that Kotak Small Cap Fund bought 24,95,536 shares on Monday, November 18, …
Invesco, a US-based asset management company, has recently raised the valuation of food delivery aggregator Swiggy to $8.3 billion, for the second consecutive time, regulatory filing said. In April of the same year, Invesco reduced Swiggy's valuation to $8 billion, down from the previous $10.7 billion, as global tech stocks faced a downturn. Consequently, Invesco reported that Swiggy's valuation stood …
US investment firm Invesco, which led Swiggy’s previous funding round, has marked down the food delivery giant’s valuation by 33 per cent from $8.2 billion to about $5.5 billion, according to a filing. In January last year, Swiggy raised $700 million in Invesco-led funding, which made the outfit a decacorn, almost doubling its valuation to $10.7 billion. Last year in …
The Bombay High Court on Tuesday temporarily restrained Zee Entertainment Enterprises Limited's biggest shareholder Invesco from calling an Emergency General Meeting -- a crucial win for Zee and its founder Subhash Chandra. On Friday, senior counsel Gopal Subramanium, who appeared for ZEEL, informed the court that the company's board of directors could not grant permission for something that could turn …