TPG Capital has likely offloaded shares worth $123 million (Rs. 1,000 crore) in Nykaa, days after the lock-in expiry for pre-IPO investors in the online fashion and cosmetics retailer ended. According to media reports, TPG Capital is likely to sell the shares at Rs 184.55, a 0.6% discount to Thursday’s closing price of Rs 185.60.… Continue reading TPG Capital said to have sold $123m Nykaa shares just days after lock-in expiredAs on September 30, the private equity firm held a 2.28% stake in the …
Tag: Financial Results
India Digest: Lenskart raises $40m, Kapiva to raise over $24m
Lenskart has raised $39.6 million from Chiratae Ventures, DSP India Fund, and Axis Growth Avenues AIF-I, in its fifth funding round this year, according to Inc42. Separately, Entrackr reported that D2C ayurvedic nutrition brand Kapiva is in late-stage talks to raise over $24 million (Rs 200 crore) from OrbiMed. Lenskart said to have raised $40m… Continue reading India Digest: Lenskart raises $40m, Kapiva to raise over $24m
Hundreds of Twitter employees said to be quitting after Elon Musk’s ultimatum
Hundreds of Twitter employees are estimated to be leaving the beleaguered social media company following an ultimatum from new owner Elon Musk that staffers sign up for “long hours at high intensity,” or leave. In a poll on the workplace app Blind, which verifies employees through their work email addresses and allows them to share… Continue reading Hundreds of Twitter employees said to be quitting after Elon Musk’s ultimatum
Ideanomics receives NASDAQ extension to comply with Bid Price Rule and secures additional funding to increase EV and charging sales in the United States and Europe
NEW YORK, Nov. 18, 2022 /PRNewswire/ — Ideanomics (Nasdaq: IDEX), a global company focused on accelerating the commercial adoption of electric vehicles (EV), today announces that it has received notification from The Nasdaq Stock Market LLC (“NASDAQ”) confirming the company has been granted an additional 180 calendar day period for compliance under its minimum bid… Continue reading Ideanomics receives NASDAQ extension to comply with Bid Price Rule and secures additional funding to increase EV and charging sales in the United States and Europe
Robotics as a Service (RaaS) Market Size to Grow by USD 1.23 Billion, Intralogistics to be Largest Revenue-generating Application Segment – Technavio
NEW YORK, Nov. 18, 2022 /PRNewswire/ — The robotics as a service (RaaS) market size is expected to grow by USD 1.23 billion from 2021 to 2026. In addition, the growth momentum of the market will accelerate at a CAGR of 18.12% during the forecast period, according to the latest report from Technavio. This report… Continue reading Robotics as a Service (RaaS) Market Size to Grow by USD 1.23 Billion, Intralogistics to be Largest Revenue-generating Application Segment – Technavio
Kamux Corporation’s Interim Report for January 1–September 30, 2022: Kamux’s revenue grew in a challenging market environment, adjusted operating profit decreased significantly
HÄMEENLINNA, Finland, Nov. 18, 2022 /PRNewswire/ — This is a summary of Kamux Corporation’s Interim Report for January 1—September 30, 2022. The complete report is attached to this release and is also available at the company website at www.kamux.com. The figures in parentheses refer to the comparison period, i.e., the same period in the previous year, unless… Continue reading Kamux Corporation’s Interim Report for January 1–September 30, 2022: Kamux’s revenue grew in a challenging market environment, adjusted operating profit decreased significantly
Kamux Corporation’s Interim Report for January 1–September 30, 2022: Kamux’s revenue grew in a challenging market environment, adjusted operating profit decreased significantly
HÄMEENLINNA, Finland, Nov. 18, 2022 /PRNewswire/ — This is a summary of Kamux Corporation’s Interim Report for January 1—September 30, 2022. The complete report is attached to this release and is also available at the company website at www.kamux.com. The figures in parentheses refer to the comparison period, i.e., the same period in the previous year, unless… Continue reading Kamux Corporation’s Interim Report for January 1–September 30, 2022: Kamux’s revenue grew in a challenging market environment, adjusted operating profit decreased significantly
Exide aims to become one of the top 10 producers of global lithium ion batteries
Exide Industries, India’s largest battery player is making a quick shift to lithium-ion batteries and the company’s Managing Director and Chief Executive Officer Subir Chakraborty expects the company to break into the ranks of the top 10 lithium-ion battery producers in the world in the coming decade. With an investment of Rs 6,000 crore lined… Continue reading Exide aims to become one of the top 10 producers of global lithium ion batteries
Exide aims to become one of the top 10 producers of global lithium ion batteries
Exide Industries, India’s largest battery player is making a quick shift to lithium-ion batteries and the company’s Managing Director and Chief Executive Officer Subir Chakraborty expects the company to break into the ranks of the top 10 lithium-ion battery producers in the world in the coming decade. With an investment of Rs 6,000 crore lined… Continue reading Exide aims to become one of the top 10 producers of global lithium ion batteries
Exide aims to become one of the top 10 producers of global lithium ion batteries
Exide Industries, India’s largest battery player is making a quick shift to lithium-ion batteries and the company’s Managing Director and Chief Executive Officer Subir Chakraborty expects the company to break into the ranks of the top 10 lithium-ion battery producers in the world in the coming decade. With an investment of Rs 6,000 crore lined… Continue reading Exide aims to become one of the top 10 producers of global lithium ion batteries