SEBI
Markets
Route Mobile seeks $272 mn valuation in IPO
Messaging and voice application programming interface company Route Mobile Ltd is seeking a valuation of Rs 1,990 crore ($272.08...
Finance
Why Shriram Group may drop plan to re-induct Bhatia on board of vehicle finance arm
Shriram Group may drop its plan to re-induct PE giant TPG Capital’s Puneet Bhatia as a nominee on the board ......
TMT
JPMorgan PE fund-backed IT firm gets green signal for IPO
A Bengaluru-based software services company, backed by JPMorgan CMDB II, has received regulatory approval to float its initial...
Markets
SEBI mulls free-float factor for firms relisting after bankruptcy
The capital markets regulator has floated a consultation paper seeking industry feedback on raising the minimum public float of...
People
Govt extends SEBI chief Ajay Tyagi's term by 18 months
The government has extended by 18 months the term of Ajay Tyagi, the chairman of the Securities and Exchange Board ......
Consumer
SEBI orders forensic audit into Rabo Equity-backed Prabhat Dairy's books
In a jolt to Prabhat Dairy Ltd, which is planning to go private, the Securities and Exchange Board of India ......
Markets
Equity fundraising halves, debt issuance jumps as India Inc battles coronavirus
Indian companies raised far more money via debt markets during the April-June quarter than a year earlier while equity fundraising...
Healthcare
How IPO-bound Gland Pharma's valuation spiked under China's Fosun
China’s Shanghai Fosun Pharmaceutical Group, which acquired a majority stake in Gland Pharma Ltd less than three years ago,...
Markets
SEBI relaxes norms on promoter funding via preferential allotment
The capital markets regulator has allowed promoters with 25% or more voting rights to raise their stake by an additional ......
General
Grapevine: Carlyle frontrunner for Piramal pharma stake; NHAI InvIT to take off soon
US-based private equity firm Carlyle has emerged as the frontrunner to pick up a 20% stake in Ajay Piramal’s pharma ......
