Fintech Giant MobiKwik Reapplies for IPO, Aiming to Raise Rs 700 Crore
Kumar Manoj -
This DRHP notably excludes any offer-for-sale (OFS) component, instead targeting a pre-IPO round to secure Rs 140 crore.
SoftBank Surprises with $6.2 Billion Loss Following WeWork Bankruptcy
Newsmen Business Desk -
This development compounds challenges for shareholders and founder Masayoshi Son, particularly following WeWork's recent bankruptcy filing—one of the group's significant investments.
Indian Overseas Bank posts Rs 624.34 cr PAT for Q2
IANS -
In a regulatory filing IOB said for the quarter ended September 30, it had booked a total income of Rs 6,935.21 crore (Q2FY23 Rs 5,852.45 crore) and a net profit of about Rs 624.58 crore (Rs 501.34 crore).
Grasim Industries consolidated Q1 net lower at Rs 1,576.47 crore
IANS -
In a regulatory filing, the company said for the quarter ended June 30, 2023, it had earned operational revenue of Rs 31,065.19 crore (against Q1FY23's Rs 28,041.54 crore) and an after tax profit of Rs 1,576.47 crore (Rs.1,933.39 crore).
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