Chinese smartphone giant Honor’s long-standing chief executive, George Zhao Ming, has resigned owing to personal reasons, according to the company, as veteran Huawei Technologies executive Li Jian takes the helm of the firm amid its preparations to go public. In an announcement on Friday, Honor’s board of directors acknowledged Zhao’s “outstanding contributions to the company … Read more
David Solomon, CEO of Goldman Sachs, speaks during the Reuters NEXT conference, in New York City, U.S., December 10, 2024. Mike Segar | Reuters Goldman Sachs CEO David Solomon says there’s an end in sight to the multi-year IPO drought. “It’s going to pick up,” Solomon said on Wednesday, in an on-stage interview with Cisco … Read more
Mumbai: Five new IPOs (Initial Public Offerings) will be open for investors in the upcoming week, out of these, one is mainboard and four are SME public issues. In the mainboard category, Laxmi Dental’s IPO will open on January 13 and investors can bid for this public issue till January 15. The price band of … Read more
Last Updated:January 02, 2025, 14:45 IST Following last year’s startup IPO frenzy, with 13 firms going public, the number of new-age public listings is expected to nearly double in 2025. IPOs in 2025 After a series of successful public listings in 2024, the startup initial public offering (IPO) party is set to carry over into … Read more
Swedish fintech company Klarna has announced plans to introduce randomised drug testing for its employees as part of a wider effort to bolster workplace security. The move comes as the company prepares for its initial public offering (IPO) in the United States. According to Business Insider, Klarna informed employees of the new policy via an … Read more
Ant Group, the fintech affiliate of Alibaba Group Holding, said it had no immediate plans to revive its initial public offering (IPO), dispelling market speculation it would soon go public. The Chinese company shocked investors in November 2020 by cancelling its US$39.7 billion IPO in Hong Kong and Shanghai less than 48 hours before market … Read more
Anand Pandit was in the news last year at this time when he threw one of the biggest bashes in recent times on his 60th birthday, on December 21, 2023. This year, around on his birthday, he is once again in the limelight, this time over the star-studded IPO for his company, Sri Lotus Developers … Read more
Last Updated:December 19, 2024, 14:57 IST The IPOs are Mamata Machinery, DAM Capital Advisors, Transrail Lighting, Sanathan Textiles, and Concord Enviro Systems. Among the five IPOs, the GMP is highest for Mamata Machinery at 82.3 per cent, while that of Concord Enviro Systems is the lowest at 9.99 per cent. IPO Alert, GMP Today, Subscription … Read more
Uber Technologies plans to invest in Pony AI’s US initial public offering (IPO), which is expected to be priced next week after being upsized by the autonomous driving firm, people familiar with the matter said. San Francisco-based Uber is seeking to buy more than US$10 million of shares in Pony AI’s IPO, the people said, … Read more
Hiroki Takeuchi, co-founder and CEO of GoCardless. Zed Jameson | Bloomberg | Getty Images LISBON, Portugal — Financial technology unicorns aren’t in a rush to go public after buy now, pay later firm Klarna filed for a U.S. IPO — but they’re keeping a watchful eye on it for signs of when the market will … Read more
