Business

IPO: Meesho gets shareholder nod to raise Rs 4,250 crore, CEO Vidit Aatrey named MD & Chairman

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Meesho, backed by SoftBank, has received shareholder approval to raise up to Rs 4,250 crore through an initial public offering (IPO) via fresh equity shares. ...

IPO: Meesho gets shareholder nod to raise Rs 4,250 crore, CEO Vidit Aatrey named MD & Chairman

Photo of author
Meesho, backed by SoftBank, has received shareholder approval to raise up to Rs 4,250 crore through an initial public offering (IPO) via fresh equity shares. ...

IPO: Meesho gets shareholder nod to raise Rs 4,250 crore, CEO Vidit Aatrey named MD & Chairman

Photo of author
Meesho, backed by SoftBank, has received shareholder approval to raise up to Rs 4,250 crore through an initial public offering (IPO) via fresh equity shares. ...

Bangladesh-Adani dues: Bangladesh pays $384 million to Adani Power, trims outstanding to $500 million

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Bangladesh has significantly reduced its debt to Adani Power with a $384 million payment this month, settling admitted dues until March 31. Disagreements persist over ...

Meesho moves ahead with Rs 4,250cr IPO, shareholders approve listing plan and confidential filing route

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Meesho, a Bengaluru-based e-commerce marketplace, is set to launch its IPO. Shareholders have approved the plan to raise Rs 4,250 crore. The IPO will include ...

AI for India summit: Experts call for stronger R&D from academia and industry; AI adoption growing across sectors

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The ‘AI for India’ summit in Bengaluru highlighted the urgent need to scale up AI research and development across Indian academia and industry. Experts emphasized ...

Starlink nears India launch: Elon Musk’s satcom giant gets final regulatory go-ahead, prepares for compliance trials

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India, Get Ready to Connect: Starlink’s Imminent Arrival For years, whispers of Starlink’s arrival in India have echoed through tech circles. Now, it seems those ...

Liquidity surplus alone doesn’t boost broad credit growth, economic activity holds greater influence: StanChart report

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Standard Chartered’s report indicates that economic activity, rather than liquidity surplus, primarily drives credit growth. While excess liquidity might boost unsecured personal loans, it doesn’t ...

FPIs pump in Rs 13,107 crore into Indian markets in a week; sharp rise amid RBI rate cut, global easing

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Foreign portfolio investors injected over Rs 13,107 crore into Indian markets between June 23-27, signaling strong confidence. This surge brings June’s total net investment to ...

Prada bows to massive online backlash! Italian brand forced to credit Kolhapuri chappal designs; legal options being mulled in India

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Prada’s 2026 menswear line, featuring sandals resembling Kolhapuri chappals, has sparked controversy in India over cultural appropriation. While Prada acknowledges the design’s inspiration and commits ...