This is the first company from Tata Group to float an initial public offer in nearly 20 years – the last IPO being Tata Consultancy Services’ in 2004.
Tata Technologies IPO gambit: Will it pay off?
A quick scan of analysts' views on the Tata Technologies IPO will make investors enthusiastic at the prospects. The first public issue by a Tata company in almost two decades has made it look more ...
Fedbank Financial Services IPO opens: Should you bid for the ₹1,092 crore issue?
Fedbank Financial Services, a Mumbai-based NBFC promoted by Federal Bank, focuses on catering to the MSMEs and the emerging self-employed individuals sector. It is present in 16 states and union ...
Vietnam’s IPO market has slowed down in 2023
Vietnam saw just three initial public offering (IPO) listings in the first 10 months of 2023, raising approximately $7 million, according to the latest report by Deloitte.
Ahead of IPO, Tata Technologies collects INR 791 cr from anchor investors
The company has allotted 1.58 crore equity shares to 67 funds at INR 500 apiece, which is also the upper end of the price band, according to a circular uploaded on the BSE website. Goldman Sachs ...
IPO screener: IREDA issue subscribed 2 times on Day 1
IREDA's IPO was fully subscribed 1.95 times, with QIBs, NII and RIIs receiving 1.34x, 2.73x and 1.97x subscription respectively. Anchor investors raised Rs 643.26 crore at ₹32 per share. The issue is ...
SoftBank-backed Carro in talks to raise over $100 million ahead of potential US IPO – exec
Carro, a Southeast Asian online automotive marketplace, is in talks with potential investors to raise over $100 million ahead of a possible U.S. listing in 18 months, said a senior executive at the ...
Best fixed deposit rates in Singapore (November 2023): DBS, UOB, HSBC, and more
If you think that fixed deposits are only for conservative cash-rich aunties and uncles, think again. A fixed deposit (also known as a time deposit) account is a type of bank account that pays account ...
Singapore shares edge lower on Wednesday; STI down 0.1%
SINGAPORE stocks struggled to advance on Wednesday (Nov 22), as pullbacks on Wall Street and Europe clashed with the Singapore trade ministry’s expectations that economic growth would come in at ...
Singapore 2023 GDP growth narrowed to 1%; Q3 growth at 1.1%
SINGAPORE’S full-year economic growth is expected to come in at around 1 per cent, the Ministry of Trade and Industry (MTI) said on Wednesday (Nov 22) morning. Read more at The Business Times.
Hongkong Land appoints Singapore-based Mapletree’s Michael Smith as CEO
Smith is currently the regional CEO for Europe and the US at Singapore-based global real estate investment company Mapletree Robert Wong, who has been Hongkong Land's CEO since 2016, will stay on as a ...
Money Talks – How to invest your first S$100,000
Dexter Tiah was only two years into his first job when he accumulated enough to start his first S$100,000 investment portfolio. The investor and author of the personal finance book Laughs, Losses and ...
Singapore Shares May Find Traction On Tuesday
(RTTNews) - The Singapore stock market has moved lower in two straight sessions, sinking more than 20 points or 0.7 percent along the way. The Straits Times Index now sits just above the 3,110-point ...
Commentary: The global antibiotic pipeline is running dry. How can Singapore spur new drug development?
As bacterial infections become ever more challenging to cure, we should explore and contextualise incentives for antibiotic development, say NUS professors Hsu Li Yang, Wee Hwee Lin and Joanne Yoong.
Singapore’s Digital Money Revolution: Wholesale CBDC Takes Center Stage
The Monetary Authority of Singapore has unveiled a digital money strategy focusing on wholesale CBDC, tokenized bank liabilities, and regulated stablecoins, excluding retail CBDC. Local banks OCBC and ...
Winking Studios opens 2.5% above IPO price at 20.5 cents
SINGAPORE - Shares of Winking Studios began trading a20.5 cents on the Catalist board of the Singapore Exchange (SGX) on Monday. This is 2.5 per cent above its initial public offering (IPO) price of ...