Ipo

Sebi Exempts Bandhan Bank From 1 Year Lock-In On Promoter Shares

Business | Indo-Asian News Service | Saturday October 13, 2018

The promoter holding in Bandhan Bank currently stands around 82 per cent after a successful Initial Public Offer (IPO), launched in March this year.

Aavas Financiers Shares Drop 13.5% On Market Debut After 1,734 Crore Rupees IPO

Business | Thomson Reuters | Monday October 8, 2018

The IPO was subscribed 0.9 times at close amid fears of non-banking financial companies facing a credit crunch.

Bandhan Bank Can't Open New Branches, Says RBI

Business | Press Trust of India | Friday September 28, 2018

Remuneration of Bandhan Bank MD & CEO, Chandrashekhar Ghosh, also stood frozen at the existing level till further notice.

Uber to Pay $148 Million to Settle US Data Breach Cover-Up

Reuters | Thursday September 27, 2018

Uber is seeking to resolve legal battles before an IPO next year, while also delivering a national rebuke against its history of flouting laws and basic business ethics.

Embassy Office Parks Realty Investment Trust Files For IPO

Business | Thomson Reuters | Monday September 24, 2018

The REIT, set up in March 2017, operates in the top office markets such as Bengaluru, Pune, Mumbai and Noida.

Tencent Music Said to Halve US IPO to $2 Billion

Reuters | Wednesday September 19, 2018

Tencent Music had earlier been seeking to raise up to $4 billion, which would have made it the biggest Chinese float in the United States so far in 2018.

Why Mutual Fund Investment Will Become Cheaper: 5 New Rules That May Impact You

Business | NDTV Profit Team | Wednesday September 19, 2018

Sebi on Tuesday announced a spree of changes in rules. Among other reforms, Sebi's board has approved reduction in fees charged by mutual fund houses from investors. That would make it cheaper for the public to invest in mutual funds. The reform measures came after weeks of fund outflow-related concerns raised by market participants, amid soaring ...

'Companies To List Shares 3 Days After IPO': Sebi Announces Changes In Norms

Business | Press Trust of India | Tuesday September 18, 2018

Sebi said it will put in place a revised settlement mechanism that bars wilful defaulters and fugitive economic offenders from settling proceedings. Sebi Chairman Ajay Tyagi said the key decisions include revised Know Your Client (KYC) norms for foreign portfolio investors (FPIs).

Uber 'On Track' for IPO in 2019, No Plans to Sell Tech Unit: CEO

Reuters | Thursday September 6, 2018

Uber Technologies is on track to go public next year and has no plans to sell its self-driving car research arm, Chief Executive Dara Khosrowshahi said.

China's Online Service Giant Meituan Aims to Raise $4.4 Billion in IPO

Indo-Asian News Service | Tuesday September 4, 2018

Backed by Internet giant Tencent, Meituan offers a variety of online services, including food ordering and delivery, restaurant and movie ticket booking and group-buying.

Aston Martin Sets Out Plans To Float On London Stock Exchange

Reuters | Wednesday August 29, 2018

The initial public offering, which will follow in the footsteps of the likes of Ferrari, could see the firm valued at up to 5 billion pounds ($6.38 billion).

Saudi King Stepped In To Call Off Aramco IPO Plans

Business | Thomson Reuters | Wednesday August 29, 2018

It is not clear exactly which of the IPO arguments prompted King Salman to make the decisive call on Aramco.

Bitcoin Mining Rig Makers Aim to Raise Billions in IPO

Reuters | Monday August 27, 2018

People close to the IPOs said regulatory scrutiny and a patchy performance by Hong Kong offerings this year were additional concerns.

Saudi Aramco's Mega IPO Plan Stalled For Now: Report

Business | Thomson Reuters | Thursday August 23, 2018

However, Saudi Arabia's energy minister denied that Aramco's initial public offering would be called off, in a statement issued early on Thursday.

Uber Names New CFO as It Remains on Track for IPO

Agence France-Presse | Wednesday August 22, 2018

New Uber CFO Nelson Chai came on board from Chicago-based insurance firm Warranty Group, where he was chief executive.