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Brief
Mamaearth’s Shares Fizzle on Debut: A Wake-Up Call for Indian D2C Brands Eyeing IPOs?
Dazeinfo -
Shares of Honasa Consumer, the parent company of FMCG brands like Mamaearth, made a modest entrance on Dalal Street. The stock is listed at a slight 1.8% premium over its IPO price, with an opening price of ₹330 on...
Brief
LIC valuation plummets ₹2 trillion within a year of IPO: Analysts still bullish on buying
Dazeinfo -
LIC (NSE: LICI), India's esteemed Life Insurance Corporation, has always been a titan in the country's financial landscape. However, in recent months, it has found itself in the spotlight for all the wrong reasons. In a surprising twist, LIC...
Brief
Mamaearth IPO on hold: Investors giving cold shoulders to $3 billion valuation?
Dazeinfo -
Another Indian startup has put its IPO plan on hold, for an indefinite period. The much-talked Mamaearth IPO is the latest one facing the heat due to tough market conditions.
Mamaearth, an Indian skincare startup, has reportedly delayed its initial...
Brief
75.6% of Paytm’s public institutional owners vote against the pay package of Vijay Shekhar Sharma
Dazeinfo -
Despite the top management of Paytm putting up a confident face to the market and its shareholders, everything doesn't seem to be falling in place for its CEO Vijay Shekhar Shama.
One97 Communications, the listed company of Paytm (PAYT.NS), has...
Brief
More Trouble For Paytm As Macquarie Further Slashed the Target Price to Rs 450
Looks like the troubles for Paytm are far from over! Today morning, Paytm's stock was trading at around Rs 620, down nearly 2 percent from the previous close on the National Stock Exchange. Surprisingly, the current price is 70...
Brief
Ignored earlier, proven now: Indian startup IPO market is in a massive bubble!
In November last year, right before the first IPO launched by any startup in India, experts were in no doubts that India was at the cusp of the IPO revolution. Startups were lineup for IPO and many were working...
Brief
$8 billion LIC IPO would be India’s Aramco moment on March 11, 2022
The much-awaited initial public offering (IPO) of India's state-owned Life Insurance Corp (LIC) is around the corner, and if we believe on the recent media report the countdown has already begun to launch the biggest ever IPO in the...
Brief
OYO IPO: A lucrative bet after a significant cut in valuation?
The far-reaching impact of Paytm IPO debacle has started appearing as the Indian startup unicorns, who were in celebration mode after SEBI relaxed the norms for startups to go public, are now facing the brunt of the market. OYO...
Brief
$10 Billion Down The Drain In 2 Months: Paytm at 50%, Good To Buy?
The share of One97 Communications, the parent company of Paytm, fell 51 percent to Rs 1,063.75, the new low, against the issue price of Rs 2,150 at the BSE on Thursday's intraday trade. The decline in Paytm share price...
Brief
Paytm Stock: Worth No More Than Rs. 900? Valuation May Tank To $8.5 Billion
When Paytm announced its plan to go public, almost everyone was confident about the success of Paytm IPO, which also happened to be the biggest one in the history of India. However, things didn't go as per plan and...
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The New TikTok Feature Must Be Making Google’s Leadership Team Anxious
TikTok is aiming at YouTube again! After dominating the short-form video content space, which has made a notable dent...