Latest Updates Around The World
Shares of Etsy rose about 10% on Thursday after the online marketplace sold its Gen Z-targeted fashion resale platform Depop to EBay, with investors looking past bleak quarterly results and forecasts.The nearly $1.2 billion deal, announced after markets closed Wednesday, is expected to help Etsy double its position in the handmade and vintage goods market […]
Fractal Analytics on Friday said it has raised Rs 1,249 crore from anchor investors ahead of its proposed initial public offering (IPO), after allotting 1,38,69,499 shares to 52 anchor investors at the top end of the price band of Rs 900 per share.The IPO opens for public subscription on Monday, February 9 and closes on […]
Indian stock markets may be nearing their next big rally – and the financial sector (BFSI) could be the sector leading the way, says Rohit Seksaria, fund manager at Sundaram Mutual. Speaking to ET Now, he said that with government tax cuts, GST rationalisation, RBI rate cuts and liquidity measures kicking in, macro conditions can […]
The new bench of the National Company Law Tribunal (NCLT) has admitted Katra Realtors under the corporate insolvency resolution process (CIRP) following an application filed by IL&FS Financial Services Ltd.Delhi-based Katra Realtors stood as guarantor for listed real estate developer Ansal Properties and Infrastructure (Ansal API), which is also currently undergoing bankruptcy proceedings. Ansal API […]
