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ALL DEALS March 23, 2016 Infibeam’s Rs450 crore IPO subscribed 0.63 times on Day 2
By: sristy SahaA file photo of founder Vishal Mehta. The Ahmedabad-based e-tailer, which aims to raise Rs450 crore from the share sale, has run into problems with two of the four domestic investment banks opting out on concerns over pricing and timing of the issue. Mumbai: Infibeam Incorporation Ltd, the first Indian e-commerce firm to go public, […]
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NEWS March 9, 2016 Flipkart secures a credit line of over Rs450 crore from HDFC Bank; Amazon’s localization of mobile tech boosts demand for its app
By: sristy SahaPhoto: iStock What to watch out for • Capital markets regulator Securities and Exchange Board of India to fast-track market reforms, ease start-up funding. • Amazon’s localization of mobile tech boosts demand for its app. • Flipkart has secured a credit line of over Rs.450 crore from private sector lender HDFC Bank, according to latest […]