In a strategic move to align with local regulations and prepare for a listing on India’s stock exchange, Flipkart will be shifting its base from Singapore to India Walmart, which bought a majority stake in Flipkart for $16 billion in 2018, has been planning and preparing for its IPO strategy for quite some time now. Image Credit: Reuters Flipkart, India’s …
QVC Exports IPO Allotment: The initial public offering of ferroalloys provider QVC Exports Ltd received robust demand during its subscription period. QVC Exports IPO allotment date is today, August 26 and the IPO listing date is August 28. Investors who have applied for the issue can check QVC Exports IPO allotment status online through the website of NSE, or the …
Zerodha co-founder Nikhil Kamath said that most promoters he has spoken to regret listing their companies. In his podcast WTF, Nikhil Kamath asked Nitish Mittersain, the founder of the gaming platform Nazara Technologies, if he regretted the decision too. Zerodha's Nikhil Kamath said that most promoters he has spoken to regret listing their companies. Earlier, Zoho co-founder and CEO Sridhar …
Goldman Sachs Group Inc.’s Petershill Partners said Monday it plans to list an investment vehicle on the London Stock Exchange, taking advantage of a sizzling market for private equity. The London-based business, which invests in private equity and hedge fund firms that collectively manage $187 billion in assets, is tapping into global investors’ desire for juicy returns amid perennially low …
To be sure, LIC has been rampantly used by both the previous United Progressive Alliance and the National Democratic Alliance governments despite a steady fall in its share in the insurance industry. Besides creating a heavyweight in Indian bourses, LIC’s listing will also testify the government’s intent to unlock the value in large state-owned companies helping the economy in a …
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