Markets
TMT
Newgen Software raises $20 mn from Goldman Sachs, other anchor investors
New Delhi-based IT firm Newgen Software Technologies Ltd has raised Rs 127.38 crore ($20 million) by selling shares to a ......
Infrastructure
Air India to be split into four companies ahead of sale: Report
India will split state-run carrier Air India into four separate companies and offer at least 51 percent in each of ......
Finance
Private banks power Sensex, Nifty to new closing high
Indian shares hit record closing highs for the third straight session on Monday, led by gains in private lenders, as ......
TMT
SoftBank plans $18 bn IPO of mobile phone unit
SoftBank Group Corp plans to list its mobile-phone business and raise some $18 billion, the Nikkei newspaper said, a spin-off ......
Markets
Apollo Micro Systems sees record demand, oversubscribed 247x in first IPO of 2018
India primary equity markets continued with strong momentum entering into 2018, with Apollo Micro Systems seeing record demand for its ......
Markets
Energy, financial stocks help markets post record close
Indian shares edged higher on Friday to a record close, boosted by surging financial and energy stocks, while investors awaited ......
Infrastructure
Road construction firm Patel Infra files for IPO
Vadodara-headquartered road construction company Patel Infrastructure Ltd has filed a draft red herring prospectus (DRHP) with capital markets regulator Securities ......
Infrastructure
Foreign investors can now own up to 49% of Air India
India cleared a proposal on Wednesday to allow foreign investors to own up to a 49 percent stake in state-run ......
Infrastructure
AirAsia exploring India unit's IPO, says CEO Tony Fernandes
Malaysia-based carrier AirAsia Bhd’s India unit is looking at a potential initial public offering, the group’s chief executive, Tony Fernandes, ......
TMT
Ascent Capital, IDG to score handsome returns from exit in Newgen Software IPO
Home-grown private equity firm Ascent Capital and venture capital firm IDG Ventures are set to begin 2018 on a high ......
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