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Category: FINANCE

Posted on 09/11/2021

Singapore banks, SGTraDex to develop standards for green trade finance digitalisation

UOB, DBS, OCBC, and Standard Chartered are participating in the initiative. A consortium of four major commercial banks in Singapore and the Singapore Trade Data Exchange (SGTraDex) have collaborated ... ( read original story ...)

Posted on 09/11/2021

After Tepid First Day, Bidding For Paytm IPO Opens On Day 2

Paytm's IPO consists of a fresh issue of Rs 8,300 crore and an offer for sale (OFS) by existing shareholders worth Rs 10,000 crore. ( read original story ...)

Posted on 09/11/2021

Sapphire Foods IPO opens today: Here’s everything you need to know

Sapphire Foods, an omnichannel restaurant operator and the largest franchisee of Yum Brands in the Indian sub-continent is backed by marquee investors such as Samara Capital, Goldman Sachs, CX ... ( read original story ...)

Posted on 09/11/2021

Paytm IPO subscribed 18% on Day 1; Sapphire Foods IPO opens today

The Rs 2,073-crore IPO of Sapphire Foods India Ltd, which operates KFC and Pizza Hut outlets, opens to public on Tuesday. For Paytm IPO, it will be second day. The Sapphire issue, with a price band of ... ( read original story ...)

Posted on 09/11/2021

MAS’ Ravi Menon on crypto, stable coins and CBDCs: is a “digital Singapore dollar” feasible?

As part of, Ravi Menon, Managing Director of Monetary Authority of Singapore (MAS), talked today (November 9) about the future of money, finance and the Internet, likening these three pillars to Roman ... ( read original story ...)

Posted on 09/11/2021

Singapore Stock Market Tipped To Add To Its Winnings

The Singapore stock market has tracked higher in back-to-back trading days, gathering almost 45 points or 1.4 percent along the way. The Straits Times Index now sits just above the 3,260-point plateau ... ( read original story ...)

Posted on 09/11/2021

Stock Market LIVE Updates: Sensex, Nifty50 likely to make a flat start today; SGX Nifty futures barely up

Indian equity benchmarks Sensex and Nifty50 are likely to start Tuesday's session on a flat note despite gains in global markets. At 7:37 am, Nifty futures trading on Singapore Exchange -- an early ... ( read original story ...)

Posted on 09/11/2021

Sapphire Foods IPO to open for subscription today: All you need to know

Ahead of the rollout of the 3-day IPO, which will close on Thursday, Sapphire Foods said on Monday it had raised ₹933 crore from anchor investors. ( read original story ...)

Posted on 09/11/2021

Stocks in Focus on November 9: Paytm IPO, Sapphire Foods IPO, Britannia, Route Mobile to Cadila and many more

At the stock markets, the S&P BSE Sensex climbed 478 points, or 0.80%, to end at 60,546, on Monday, November 8, 2021. The Nifty 50 index advanced 152 points, or 0.85%, to 18,069. ( read original story ...)

Posted on 09/11/2021

All 3 Singapore Banks Have Reported Stellar Results: Which Should You Pick Now?

The three Singapore banks presented their latest quarterly earnings report card last week. Suffice to say that all three handily beat expectations, posting earnings that were better than what analysts ... ( read original story ...)

Posted on 09/11/2021

FinTech Sector in Singapore Could Hit $3B in Funding

The FinTech space in Singapore is anticipated to attract an estimated $3 billion by the end of 2021, Sopnendu Mohanty, the MAS chief FinTech officer, said. ( read original story ...)

Posted on 09/11/2021

11.11 Deals Not To Miss When Making Your EOY Plans, Like Cruises, Staycations & Flights

Score major savings this 11.11 with discounts and perks for staycations, overseas flights and hotels, and even online shopping plus kopitiam dining. ( read original story ...)

Posted on 09/11/2021

Sapphire Foods raises Rs 933 crore from anchor investors ahead of IPO

Sapphire Foods India Ltd, which operates KFC and Pizza Hut outlets, on Monday said it has raised Rs 933 crore from anchor investors ahead of its IPO rollout on Tuesday. ( read original story ...)

Posted on 09/11/2021

KFC operator Sapphire Foods mobilises Rs 932.96 crore from anchor investors ahead of IPO

Among others, ICICI Prudential, Sundaram MF, IIFL Special Opportunities Fund, Bajaj Alliance Life Insurance, HDFC MF, Kotak MF, and Reliance General Insurance also invested in the company through the ... ( read original story ...)

Posted on 09/11/2021

Startup Digest: Paytm gets IPO ready, Zomato to invest in Shiprocket; Govt to move crypto bill during winter session of Parl

Here are the top headlines from the startup space. Paytm IPO subscribed 18% on first day of bidding; Softbank CEO Masayoshi Son calls it a "great event" Digital payments giant Paytm's initial public ... ( read original story ...)

Posted on 08/11/2021

Paytm IPO a great event for Softbank: Masayashi Son

Paytm's mega Rs 18,300 crore IPO, the largest IPO in the country so far, opened today, with the issue being subscribed 0.12 times as of 3 pm on Day 1. ( read original story ...)

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