Wabco India Plunges 10% as Promoter Begins Stake Sale
Shares of Wabco India Ltd slipped nearly 10 per cent as the company’s two-day stake sale through an offer for sale (OFS) began today. The...
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Sequoia Closes Second Seed Fund At $195 Million
Sequoia Capital India has closed a $195 million second seed fund as part of its Surge programme, which backs seed and early-stage startups through funding...
Barbeque Nation IPO Subscribed 1.65 Times
The initial public offering (IPO) of Barbeque Nation has been subscribed 1.65 times by the morning of March 25, the second day of bidding. Investors...
RBI in Discussion With Govt Regarding Privatisation, Says Governor
RBI governor Shaktikanta Das on Thursday said that the central bank is discussing privatisation of public sector banks (PSBs) with the government and the process...
Social E-commerce Platform CityMall Raises $11 Mn
CityMall has said it has raised $11million as part of its Series A funding round, led by Accel Partners. Existing investors Elevation Capital, Jungle Ventures...
Microsoft CEO Hunts for Creator Hub after TikTok Bid Fails
Microsoft Corp.’s latest takeover targets have baffled some analysts and investors who are well aware of the company’s spotty track record in consumer businesses and...
Dream Sports Raises $400 Million from TCV, D1 Capital, Falcon Edge
Sports technology and gaming firm Dream Sports has raised USD 400 million in a funding round led by private equity firm TCV, D1 Capital Partners,...
Facebook Disrupts Chinese Hackers Operation Targeting Journalists
Facebook has taken action against a group of hackers in China who were targeting dissidents, mostly Uyghurs from Xinjiang province, the company’s Cyber Espionage team...
AstraZeneca COVID-19 Vaccine 76 Per Cent Effective in Updated US Trail
AstraZeneca said its COVID-19 vaccine was 76 per cent effective at preventing symptomatic illness in a new analysis of its major US trial a tad...
Carbonated Beverages Set to Clock 10% Growth in Mar
Carbonated beverages that form the largest chunk of the beverages market in the country are set to report decent growth in the March quarter helped...