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

Lyft to launch road show for up to USD 2 billion IPO

Lyft will meet with investors across the United States before pricing the IPO and listing on the Nasdaq at the end of...

18 March 2019 10:44 AM IST

On observing certain irregularities and fraudulent activities, Sebi passed an interim order against the company and its promoters in December 2011 and passed a final order in December 2013.

SEBI mulls reducing rights issue listing time

In September last year SEBI decided on reducing time to list shares on bourses after IPO to 3 days from the present 6.

17 March 2019 6:43 PM IST

Uber has been seeking new avenues of growth, including food delivery services, even as it battles intense competition in its core business of ride hailing.

Uber hires more IPO underwriters as it prepares to go public: sources

Uber will make additional bank hires in the coming weeks to complete the IPO syndicate.

13 March 2019 9:01 AM IST

The current rise in fund raising through the IPO route is expected to last as long as the upswing in secondary market continues.

State-run MSTC plans to raise Rs 226 crore through initial public...

The company has fixed the price band of Rs 121-128, and has proposed to offload 1.76 crore shares or 25 per cent of...

12 March 2019 12:26 PM IST

Ubers competitors and businesses in the gig economy will also be considering what this means for them. (Photo: AP)

Uber unveils IPO terms that are well below expectations

The lower valuation reflects the poor stock performance of smaller rival Lyft Inc following its IPO last month.

28 April 2019 1:05 PM IST

IndiaMart expects to raise Rs 3,250 crore from the initial public offer (IPO).

IndiaMart expects 29 pc CAGR revenue growth in next 2 yrs

The company posted revenue of Rs 429 crore in 2018-19 and operating profit of Rs 46 crore.

21 April 2019 4:45 PM IST

Around 200-300 retail service providers (RSP) registering daily with the Indian Railway IRCTC.

Govt targets IRCTC, IRFC IPOs by Sept, to raise about Rs 1,500 cr

While IRCTC IPO could fetch about Rs 500 crore, public offering of IRFC could garner close to Rs 1,000 crore to...

17 April 2019 5:40 PM IST

The electric wires and cables maker raised 13.46 billion rupees (USD 193.44 million) through an initial public offering.

Polycab India's shares surge on market debut

The stock was trading at 647.5 rupees by 0432 GMT, compared with the IPO price band's higher end of 538 rupees.

16 April 2019 11:48 AM IST

Uber Technologies Incs warring board members have agreed to investment by SoftBank Group Corp in the ride-services company. (Photo: AFP)

Uber reveals strong growth, huge losses ahead of IPO

Uber racked up nearly USD 8 billion in losses over its 10 years in existence.

14 April 2019 2:58 PM IST

Online work platforms took off after Ubers founding in 2009. (Photo: AP)

Lyft's stock slide casts long shadow on Uber's IPO

Lyft's poor stock performance bodes ill for these IPOs, especially for companies like Uber with no profits to show.

12 April 2019 1:31 PM IST

Indian Railways (Photo: PTI)

Rail Vikas Nigam Ltd shares make flat debut; list at Rs 19

The company's market valuation stood at Rs 4,003.24 crore on the BSE.

11 April 2019 12:26 PM IST

Uber has been seeking new avenues of growth, including food delivery services, even as it battles intense competition in its core business of ride hailing.

Uber steers toward blockbuster IPO as road looks rocky

Uber released financial data earlier this year showing it lost USD 865 million in the fourth quarter of 2018.

11 April 2019 10:13 AM IST