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Aramcos planned USD 69.1 billion acquisition of a 70 per cent stake in petrochemicals firm Saudi Basic Industries Corp (SABIC) from the Saudi sovereign wealth fund.

Saudi Aramco kick-starts what could be world's biggest IPO

Bankers have told the Saudi government that investors will likely value the company at around USD 1.5 trillion.

4 Nov 2019 9:24 AM IST

But investing in Aramco is also a bet on the price of oil and growth in global demand for crude, which is expected to slow from 2025.

Saudi Aramco prices shares at top of range in world's biggest IPO

Around 4.9 million Saudi retail investors have bought shares in the oil giant.

6 Dec 2019 10:43 AM IST

The share price of SBI slumped 3.79 per cent to close at Rs 304.45 as the quarterly numbers were below what the market participants had anticipated.

SBI okays to dilute 8.25 pc stake in UTI AMC initial public offer

The bank said it offers to sale up to 1,04,59,949 equity shares subject to approval from the Sebi.

4 Dec 2019 7:01 PM IST

The IPO listing, aided by main underwriters, Goldman Sachs and JPMorgan Chase, is expected to value Pinterest at an estimated USD 12 billion. (Photo: ANI)

Pinterest files for IPO that could value it at USD 12 billion

Pinterest's IPO listing is going to be one of the hyped public offerings scheduled for this year.

24 Feb 2019 12:26 PM IST

This was one of the most anticipated features from the company and according to Pinterest, this was their most-requested feature of all time.

Pinterest files for IPO

Pinterest could raise around $1.5 billion in the IPO, Reuters had reported in January, citing sources.

22 Feb 2019 9:41 AM IST

Slack is a platform where employees can send messages, collaborate, organize and share files.

Slack makes confidential filing to go public

Slack still plans to pursue a direct listing as opposed to a traditional IPO as early as the spring.

5 Feb 2019 6:04 PM IST

Sebi has begun looking into the matter for any possible disclosure and corporate governance-related lapses.

State-run MSTC files IPO papers with Sebi

The union government currently holds 89.85 per cent stake in MSTC.

4 Feb 2019 1:57 PM IST

The deal also signals a shift for Lyft toward a wider set of transportation options in urban centers.

Lyft shares soar on Nasdaq debut, setting stage for Uber

Lyft's IPO, which is the year's biggest thus far, sets the stage for other Silicon Valley unicorns seeking to debut in...

31 March 2019 1:00 PM IST

Lyft previously announced partnerships with Alphabets self-driving division, Waymo, technology company Nutonomy, and automakers General Motors Co and Jaguar Land Rover. Lyfts new effort could put it in direct competition with some of those partners.

Lyft valued at USD 24.3 billion in first ride-hailing IPO

Lyft started its IPO investor road show earlier this month with a target range of USD 62-USD 68 per share.

29 March 2019 10:09 AM IST

Lyft and Uber have combined to popularize the trend of summoning a ride on a smartphone app that connects them to drivers who use their own cars to pick up passengers. (Photo: AP)

Lyft hikes IPO target to USD 70-USD 72 a share as excitement rises

With the revision disclosed Wednesday, Lyft is now seeking USD 70 to USD 72 per share, up from its previous goal of USD...

28 March 2019 11:26 AM IST

The 30-share Sensex resumed higher at 27,552.27 and hovered between 27,743.46 and 25,902.45 before concluding the week at 26,818.82, a loss of 455.33 points, or 1.67 per cent.

PSU listings to gain momentum next fiscal

The government has set a divestment target of Rs 90,000 crore for FY2019-20.

26 March 2019 1:46 AM IST

This was one of the most anticipated features from the company and according to Pinterest, this was their most-requested feature of all time.

Pinterest files for IPO

The filing comes a day after jeans maker Levi Strauss & Co's blockbuster debut.

23 March 2019 9:44 AM IST