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Oyo likely to raise 0 million at 2x valuation of .5-5 billion
  • SME

Oyo likely to raise $200 million at 2x valuation of $4.5-5 billion

TheSpuzz Desk7 months ago11 mins

Source: Business Standard 3 min read Last Updated : Oct 15 2024 | 10:49 AM IST This report has been updated Oravel Stays, the parent company of travel tech giant Oyo, is in preliminary talks to secure $200 million in a primary funding round, aiming to fuel its acquisition of G6 Hospitality, the owner of…

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Fund managers pare India allocation in favour of China: BofA survey
  • Finance

Fund managers pare India allocation in favour of China: BofA survey

TheSpuzz Desk7 months ago04 mins

Source: Business Standard India’s benchmark Nifty 50 index has declined about 5 per cent from its record high hit in the last week of September. (Photo: Shutterstock) 2 min read Last Updated : Oct 16 2024 | 2:42 PM IST Global fund managers increased their allocation to China at India’s expense after Asia’s largest…

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Coal India to RPower: 18 of biggest 30 IPOs fail to generate excess returns
  • Finance

Coal India to RPower: 18 of biggest 30 IPOs fail to generate excess returns

TheSpuzz Desk7 months ago07 mins

Source: Business Standard 4 min read Last Updated : Oct 16 2024 | 2:06 PM IST Eighteen of the top 30 initial public offerings ( IPOs) by size have failed to generate excess returns when compared to the returns from CNX500 index, which tracks the performance of the top 500 companies, according to a study…

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Wockhardt gains 4% on filing for DCGI’s approval for its insulin injection
  • Finance

Wockhardt gains 4% on filing for DCGI’s approval for its insulin injection

TheSpuzz Desk7 months ago04 mins

Source: Business Standard 2 min read Last Updated : Oct 16 2024 | 1:31 PM IST Wockhardt shares rose 4.3 per cent on Wednesday and registered an intraday high of Rs 1127.25 per share. The pharma company’s stock gained after it filed for approval for its fast-acting insulin analog, Aspart injection, with India’s drugs…

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Crackdown on immigrants: Sweden offers Rs 28 lakh to foreigners to leave
  • Finance

Crackdown on immigrants: Sweden offers Rs 28 lakh to foreigners to leave

TheSpuzz Desk7 months ago010 mins

Source: Business Standard Sweden plans to raise payments to immigrants who voluntarily leave the country by 2026. The new policy, announced in September 2024, will boost the current payment from 40,000 Swedish kronor to as much as 350,000 kronor (approximately Rs 28.5 lakh). “We are in the midst of a paradigm shift in…

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Akums Drugs shares climb 5% after tie-up with Canada based Triple Hair Inc
  • Finance

Akums Drugs shares climb 5% after tie-up with Canada based Triple Hair Inc

TheSpuzz Desk7 months ago03 mins

Source: Business Standard 2 min read Last Updated : Oct 16 2024 | 12:50 PM IST Shares of Akums Drugs and Pharmaceuticals rose up to 5.32 per cent at Rs 928 a piece on the BSE after the company on Wednesday said that it has entered into a licence and distribution agreement with Canada-based…

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RTP leads .2 mn pre-seed round in Budy to streamline sales software
  • SME

RTP leads $4.2 mn pre-seed round in Budy to streamline sales software

TheSpuzz Desk7 months ago04 mins

Source: Business Standard The funding will accelerate Budy’s AI development, focusing on tasks such as optimising Salesforce setups and improving sales pipeline efficiency | Photo: X@rtpvc 2 min read Last Updated : Oct 16 2024 | 12:28 PM IST Venture capital firm RTP Global has led a $4.2 million pre-seed funding round in Budy,…

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Pending income tax disputes: FAQs on Vivad Se Vishwas Scheme 2024
  • Finance

Pending income tax disputes: FAQs on Vivad Se Vishwas Scheme 2024

TheSpuzz Desk7 months ago06 mins

Source: Business Standard 4 min read Last Updated : Oct 16 2024 | 11:28 AM IST The Finance Ministry has released a note in the form of frequently asked questions (FAQ) regarding the Direct Tax Vivad Se Vishwas Scheme, 2024.   Click here to connect with us on WhatsApp “In order to…

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Sterlite Tech shares jump 6% after co forays in AI-led data centres at IMC
  • Finance

Sterlite Tech shares jump 6% after co forays in AI-led data centres at IMC

TheSpuzz Desk7 months ago05 mins

Source: Business Standard 3 min read Last Updated : Oct 16 2024 | 12:00 PM IST Shares of Sterlite Technologies gained as much as 6 per cent at Rs 128.45 per share on the BSE. The stock price of the company moved up on Wednesday after the firm announced its foray into the artificial…

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Canada-India diplomatic row impact on immigration, visas, students: Decoded
  • Finance

Canada-India diplomatic row impact on immigration, visas, students: Decoded

TheSpuzz Desk7 months ago010 mins

Source: Business Standard A sign outside the Guru Nanak Sikh Gurdwara temple is seen after the killing on its grounds in June 2023 of Sikh leader Hardeep Singh Nijjar, in Surrey, British Columbia, Canada September 18, 2023. Photo: Reuters 5 min read Last Updated : Oct 16 2024 | 9:58 AM IST As relations…

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Trending News

NHPC Q4 Results: Net profit rises 29% to  ₹894 crore, revenue doubles by 114% YoY; Dividend declared | Stock Market News
Market
NHPC Q4 Results: Net profit rises 29% to ₹894 crore, revenue doubles by 114% YoY; Dividend declared | Stock Market News
Leela Hotels IPO: Brookfield-backed Schloss Bangalore to launch public issue on May 26, eyes  ₹3,500 crore | Stock Market News
Market
Leela Hotels IPO: Brookfield-backed Schloss Bangalore to launch public issue on May 26, eyes ₹3,500 crore | Stock Market News
Upcoming IPOs: Caliber Mining, Sri Lotus Developers, four others receive SEBI approval to float IPOs | Stock Market News
Market
Upcoming IPOs: Caliber Mining, Sri Lotus Developers, four others receive SEBI approval to float IPOs | Stock Market News
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