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Ipo

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Can Zomato match the exuberance over its IPO?

The high IPO valuation that Zomato has asked for from India’s public markets can only be sustained if businesses are able to convert their innovative ideas into financial metrics such as cash......

Zomato's blockbuster listing boosts start-up ecosystem

For large start-ups the US market is considered to be a preferred destination, as Indian investors were seen as hesitant to pay the kind of valuation private equity investors or the US markets pay.......

Bank stocks, global markets lift Sensex by 139 points

ICICI Bank was the top gainer in the Sensex pack, rising over 3 per cent, followed by ITC, SBI, HCL Tech, Axis Bank, Bajaj Finserv and Tech Mahindra. NSE Nifty advanced 32 points to 15,856.05. The......

Bumper debut for Zomato; m-cap races past Rs 1 lakh cr

Food delivery platform Zomato made a stellar debut on bourses on Friday, as its shares zoomed nearly 53 per cent against the issue price of Rs 76, and its market valuation has crossed the Rs......

Zomato to debut on the stock markets today, 4 days ahead of schedule

Through the IPO, Zomato has raised Rs 9,000 crore in fresh capital. Photograph: Kind courtesy Deepinder Goyal/Instagram India’s first unicorn Zomato will make its stock market debut on......
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