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Five Star Business Finance IPO investors witness a muted listing at 5% discount-thumnail

Five Star Business Finance IPO investors witness a muted listing at 5% discount

Headquartered in Chennai, the company provides secured business loans to micro-entrepreneurs and self-employed individuals, who traditional financing institutions largely exclude. All of its loans are secured by borrowers’ property (SORP

Finance

Nov 21, 2022

Blackstone to acquire a majority stake of 52% in R systems for $359 million-thumnail

Blackstone to acquire a majority stake of 52% in R systems for $359 million

R Systems, founded in 1993 by Rekhi, specializes in digital information technology services, specializing in product engineering, and serves over 250 customers in the technology, media, telecom, and financial services

Industry

Nov 17, 2022

Snacks company Bikaji Foods’ IPO lists at 7.6% on bourses this Wednesday-thumnail

Snacks company Bikaji Foods’ IPO lists at 7.6% on bourses this Wednesday

“At P/E (price to earnings) valuation of 95.2, the stock looks expensive. Therefore, we advise investors to lock in listing gains, and only aggressive investors should consider making a long-term

Industry

Nov 16, 2022

E-commerce Amazon Inc. planning a mass layoff amid slowing sales-thumnail

E-commerce Amazon Inc. planning a mass layoff amid slowing sales

For Amazon, this would be the largest job cut in the US, similar to Facebook parent Meta which announced cutting 11,000 jobs last week. Twitter also slashed its team by

Education

Nov 16, 2022

Vector Green Energy will be purchased by Sembcorp for Rs. 2780 crore-thumnail

Vector Green Energy will be purchased by Sembcorp for Rs. 2780 crore

According to a press release, the acquisition will increase Sembcorp’s gross installed renewable energy capacity to 8.5 GW, bringing it closer to its 2025 goal of 10 GW. On November

Industry

Nov 14, 2022

Archean Chemical Industries IPO subscribed 86% on 2nd day of the subscription-thumnail

Archean Chemical Industries IPO subscribed 86% on 2nd day of the subscription

Archean produces and exports bromine, industrial salt, and sulphate of potash to customers around the world. It had a leadership position in the domestic bromine merchant sales (43 percent market

Finance

Nov 10, 2022

Boeing has intentions to invest in India’s R&D team-thumnail

Boeing has intentions to invest in India’s R&D team

Boeing is being observed boosting the Indian R&D (Research and Development) team with their latest technological campus in Bengaluru.  The initial investment accomplished by Boeing in the Indian R&D team

Enterprise Service

Nov 10, 2022

<strong>How does one can apply for Shark Tank India 2022?</strong>-thumnail

How does one can apply for Shark Tank India 2022?

‘Shark Tank India’ is the latest phenomenon to sweep the country. It has given wings to the dreams of entrepreneurial Indians, based on the American show of the same name.

Entertainment

Nov 10, 2022

Tesla CEO Elon Musk sells 19.5 mn tesla shares worth $3.95 bn-thumnail

Tesla CEO Elon Musk sells 19.5 mn tesla shares worth $3.95 bn

The sale came just weeks after Tesla reported $3.3bn in profit and $21.45bn in revenue for the third quarter – falling short of Wall Street expectations – which caused a

Industry

Nov 9, 2022

Elevar Equity funded CureBay-thumnail

Elevar Equity funded CureBay

CureBay has revealed their Series A funding from Elevar Equity with an estimated amount of ₹50 crores or about $6.1 million CureBay is a healthcare organization founded to provide high

Industry

Nov 9, 2022

<strong>Shark Tank India S2 to air by early December; Amit Jain of CarDekho group joins shark gang</strong>-thumnail

Shark Tank India S2 to air by early December; Amit Jain of CarDekho group joins shark gang

Ashneer Grover, who had gained a sizable fan following last season, is not making a comeback this time. Along with him, Ghazal Alagh also will be missed. Meanwhile, Stand-up comedian

Entertainment

Nov 8, 2022

The Chiratae Ventures Growth Fund – I close its first round at Rs. 759 crore; oversubscribed.-thumnail

The Chiratae Ventures Growth Fund – I close its first round at Rs. 759 crore; oversubscribed.

Chiratae Ventures has raised five early-stage funds and manages $1.1 billion in assets under management (AUM). It has been an early backer of technology-led companies such as Bizongo, Curefit, Firstcry,

Finance

Nov 8, 2022


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