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Kolkata-based reinforcement bar maker Shyam Steel files for IPO

Manufacturing

04 June, 2019

Kolkata-based reinforcement bar maker Shyam Steel files for IPO

Shyam Steel Industries Ltd, maker of thermo-mechanically treated (TMT) reinforcement bars, has filed a draft prospectus with the...

Airtel Africa seeks to raise at least $750 mn via London listing

TMT

04 June, 2019

Airtel Africa seeks to raise at least $750 mn via London listing

India’s third-largest telecom company Bharti Airtel Ltd said on Tuesday it will raise $750 million (about Rs 5,200 crore)...

Penna Cement gets SEBI nod to float initial public offering

Manufacturing

03 June, 2019

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...

Uber posts $1 bn loss in first quarterly report after going public

TMT

31 May, 2019

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 ......

Airtel Africa plans to raise $1 bn in London IPO to cut debt

TMT

28 May, 2019

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...

Paytm backer Alibaba plans $20-bn Hong Kong listing to boost investment war chest

TMT

28 May, 2019

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 ......

Billionaire BR Shetty's payments firm Finablr to spend $200 mn on growth, M&As

Finance

27 May, 2019

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 ......

Billionaire BR Shetty's payments firm Finablr cuts IPO price in volatile markets

Finance

14 May, 2019

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 ......

Uber valuation drops to $61 bn as shares slump after ill-fated IPO

TMT

13 May, 2019

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 ......

Budweiser beer maker AB InBev's Asia unit files for IPO

Consumer

10 May, 2019

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...

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