Paytm to File Papers for $2.3 Billion IPO Next Week
The Indian digital Payment system, Paytm, will file a draft prospectus as early as July 12 for a domestic initial public offering (IPO) that seeks...
Tag : Morgan Stanley
Axis Bank Stocks Jumped 72% in Last Year
The shares of Axis Bank have gained strength in the last year, outrunning the benchmark index Sensex by a significant margin, yet analysts and brokerages...
India Inc Earns 72% of Revenue From the Domestic Market
On an aggregate basis, 72 per cent of Emerging Market companies’ revenues come from their home country. 72 per cent of the revenue of Indian...
Paytm to Raise Up to $1.5 Billion in Primary Share Sale
Paytm is preparing for its public debut by the end of November in 2021, and It will look to raise $1.5 billion in the primary...
Global Banks May Lose $6 Billion From Collapse of Archegos
Global banks may lose out on more than $6 billion as Archegos Capital Management run by former Tiger Asia hedge fund manager Bill Hwang triggered...
Strategists Calling for Further Upside For Indian Stock’s
Record highs in Mumbai are stoking the enthusiasm of strategists calling for further upside for Indian stocks, with companies poised to take advantage of a...
Nasdaq 100 Could Possibly Decline over 20% from Peak, Warns Morgan Stanley
An indication that the tech selloff among US equities being only partly finished came from last month’s scenario when the Morgan Stanley warned about the top-heavy market...
IndusInd Bank Taps CPPIB, GIC to Raise $500 Million
IndusInd Bank and its promoter the Hinduja Group have initiated talks with sovereign wealth funds and pension funds, including Canada’s CPPIB and Singapore’s GIC Pte...
RIL is 1st Indian Company to Cross Rs 10 Tn in Market Cap
Reliance Industries Ltd (RIL) has become the first Indian company to cross Rs 10 trillion market capitalization. The stock was raised up around 1 per...
RBL Bank Hits Back At Morgan Stanley With Strong Q2 Performance
Private sector bank, RBL Bank posted a Net Profit of Rs 204.54 crores, rising 36% in the September-end quarter of the current fiscal, backed by...