Hindi, Tamil account for lions share of orders, at 54% and 11% respectively
Share prices, trading activity slump amid rising uncertainty for startup listings
Firms to develop filtering & control tools and algorithms, verification and control processes
Stocks to Watch: Archean Chemical Industries and Five Star Business Finance will make their market debut today; Tata Motors will replace Dr Reddy's in the BSE Sensex from December 19
Zomato, which currently has nearly 3,800 employees, stated that layoffs will be based on regular performance
Gupta was previously the chief operating officer for the travel company Makemytrip
In a farewell note, Gupta said that it was an honour for him to see the company grow leaps and bounds
The price range for the shares was set between Rs 555 to Rs 601.45, which would mean a discount of 7.7 per cent
Paytm shares go down 10 per cent after SoftBank pares holding; Delhivery, PolicyBazaar under pressure
Indian IPOs raised a record $18 billion in 2021 on government efforts to foster startups combined with easy-money policy and a surge in retail trading during the pandemic
The biggest shareholders in One97 Communications Ltd., Paytm's parent company, are Alibaba Group Holding Ltd. and its fintech affiliate Ant Group Co., as well as Japan's SoftBank Group Corp
Some of the other 'digital / new-age' companies debuted at a steep valuation compared to the traditional technology firms. The rally fizzled out as they failed to make a decent profit
The company's revenue, too, increased 62.2 per cent year-on-year (YoY) to Rs 1,661 crore in Q2FY23 as against Rs 1,024 crore in Q2FY22
CLOSING BELL: Barring minor downtick in the Nifty Auto, FMCG, and PSU Bank indices, all other sectoral indices advanced on the bourses. The Nifty IT index led from the front with around 4% surge
Shares of new-age tech companies like Nykaa, Paytm and Zomato have fallen up to 68% from their listing prices. As they struggle with profitability, should investors keep these stocks on radar?
Stocks to watch today: LIC, M&M, Adani Power, Hindalco Industries will report the July-September (Q2FY23) quarter results on Friday, November 11
This is the first quarter where the food aggregator crossed the billion-dollar mark in annualized revenue, Zomato revealed
Revenue from operations rose to Rs 1,661 crore from Rs 1,024 crore
CLOSING BELL: Hero MotoCorp, HDFC Bank, Kotak Bank, ONGC, Bharti Airtel, and Dr Reddy's Labs, meanwhile, eked out gains up to 2.6 per cent
Stocks to watch today: Adani Green, Zomato, Eicher Motors will report the July-September (Q2FY23) results on Thursday, November 10; Bharat Forge's subsidiary bagged export order worth $155.5 million