IPO
Manufacturing
Penna Cement gets SEBI nod to float initial public offering
Hyderabad-based Penna Cement Industries Ltd has received approval from the Securities and Exchange Board of India (SEBI) to float...
TMT
Uber posts $1 bn loss in first quarterly report after going public
Uber Technologies Inc reported a $1 billion loss on Thursday as the ride-hailing service spends heavily to build up its ......
TMT
Airtel Africa plans to raise $1 bn in London IPO to cut debt
Airtel Africa Ltd, a subsidiary of India’s Bharti Airtel Ltd, said on Tuesday it was considering a stock market flotation...
TMT
Paytm backer Alibaba plans $20-bn Hong Kong listing to boost investment war chest
Alibaba is considering raising as much as $20 billion through a secondary listing in Hong Kong, people familiar with the ......
Finance
Billionaire BR Shetty's payments firm Finablr to spend $200 mn on growth, M&As
Payments and foreign exchange company Finablr plans to use half of the proceeds from its share sale in London earlier ......
Finance
Billionaire BR Shetty's payments firm Finablr cuts IPO price in volatile markets
United Arab Emirates-based Finablr had to cut the price on its initial public offering as the payments and foreign exchange ......
TMT
Uber valuation drops to $61 bn as shares slump after ill-fated IPO
Uber Technologies Inc shares fell as much as 10% on Monday, doubling losses since its poorly-received Wall Street debut on ......
Consumer
Budweiser beer maker AB InBev's Asia unit files for IPO
The Asia business of Anheuser-Busch InBev, the world's largest brewer, filed on Friday a draft prospectus for an initial public...
TMT
Uber valued at $82 bn in IPO as market jitters, Lyft woes weigh
Uber Technologies Inc priced its initial public offering on Thursday at the low end of its targeted range for a ......
Finance
Everstone-backed Indostar Capital wins tax case, but with riders
Everstone Capital may not be able to fully exit non-banking finance company Indostar Capital Finance Ltd for the next two-and-a-half...
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