[ MUMBAI: SoftBank has cut another 2.1% stake in Paytm, reducing its shareholding in the fintech firm to 2.8%, the company said in a recent stock exchange filing. The Japanese investment behemoth which bets heavily on tech firms had invested over $1 billion into Paytm and held about 18% stake in the Noida-based company at … Read more
[ Nikesh Arora has repeatedly succeeded in winning big paychecks.At Google, he became the firm’s highest-paid executive after getting a compensation package worth about $51 million in 2012, on his way to collecting stock awards worth at least $200 million by the time he left.Poached in 2014 by SoftBank Group Corp.’s Masayoshi Son — and … Read more
[ NEW DELHI: Brainbees Solutions, the parent company of omni-channel retailer FirstCry has filed draft initial public offering (IPO) papers with market regulator Securities and Exchange Board of India (SEBI) on Thursday. The IPO comprises an issue of fresh shares worth Rs 1,816 crore and an offer for sale (OFS) of 5.4 crore shares by … Read more
[ FirstCry IPO: Brainbees Solutions, which operates the children’s wear brand FirstCry, has officially initiated the process for its Initial Public Offering (IPO) by submitting the necessary documents to the Securities and Exchange Board of India (SEBI).According to ET, the IPO, whose size is currently undisclosed, comprises a new share issue valued at up to … Read more
[ NEW DELHI: Japanese conglomerate SoftBank has sold shares worth USD 310 million in omnichannel retailer FirstCry, which is likely to file a draft paper for IPO this week, sources said on Monday. “SoftBank recently sold shares worth Rs 630 crore in FirstCry. It was picked up by a few high net worth individuals. With … Read more
