Tue, December 17, 2024
[ Tue, Dec 17th 2024 ]: Kiplinger
On the Naughty List: Holiday Tax Scams to Look Out For
[ Tue, Dec 17th 2024 ]: The New Zealand Herald
Inflation, OCR, and closures: a look at New Zealand's economy in 2024 - The Front Page
[ Tue, Dec 17th 2024 ]: Techzim
Cassava Technologies (Liquid's Parent) Secures US$310m in Funding and Reorganises
[ Tue, Dec 17th 2024 ]: Reuters
Barclays loses challenge to motor finance ruling as UK watchdog's redress scheme looms
[ Tue, Dec 17th 2024 ]: AOL
GM investors plug into electrified growth story amid uncertain road
[ Tue, Dec 17th 2024 ]: Business Daily Africa
CIC General pays Sh700 million in flood and protests claims
[ Tue, Dec 17th 2024 ]: Outlookindia
The Driving Force Behind Data Modernization: Bridging Technology And Innovation
[ Tue, Dec 17th 2024 ]: bnnbloomberg
Gulf's Consumer Culture Lures Banks and Private Credit to Region
[ Tue, Dec 17th 2024 ]: The Globe and Mail
Business Brief: Breaking down a bombshell resignation letter
[ Tue, Dec 17th 2024 ]: Wall Street Journal
Financial Services Roundup: Market Talk
[ Tue, Dec 17th 2024 ]: CTV News
Postal employees head back to work as union challenges intervention in strike
[ Tue, Dec 17th 2024 ]: The New York Times
High on Hope, Wall St. Hears What It Wants From Trump
[ Tue, Dec 17th 2024 ]: France 24
Trump and SoftBank CEO announce $100 billion investment plan in US
[ Tue, Dec 17th 2024 ]: ThePrint
Understanding Collateral Requirements for Business Loans
[ Tue, Dec 17th 2024 ]: Business Standard
Adani deal under bribery scrutiny was approved against officials' advice
[ Tue, Dec 17th 2024 ]: Business Today
Personal Loans vs. Payday Loans: Key differences and how to choose the right one
[ Tue, Dec 17th 2024 ]: Business Line
Zomato's global finance head Hemal Jain quits
[ Tue, Dec 17th 2024 ]: BBC
Canada's finance minister quits over Trump tariff dispute with Trudeau
[ Tue, Dec 17th 2024 ]: Forbes
Leadership, Trust, And AI: Dan Durn's Journey As Adobe's CFO
[ Tue, Dec 17th 2024 ]: Daily Sabah
Canada's finance minister resigns amid tariff rift with Trudeau
[ Tue, Dec 17th 2024 ]: Lock Haven
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[ Tue, Dec 17th 2024 ]: Yahoo Finance
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[ Tue, Dec 17th 2024 ]: The Daily Telegraph
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[ Tue, Dec 17th 2024 ]: MSN
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Mon, December 16, 2024
[ Mon, Dec 16th 2024 ]: moneycontrol.com
Alphabet, Elevation Capital, LGT-backed Aye Finan .. Rs 1,450-crore IPO, files draft papers with SEBI
[ Mon, Dec 16th 2024 ]: Forbes
SoftBank's $100 Billion Promise To Trump Is More Than Its Entire Market Cap
[ Mon, Dec 16th 2024 ]: The New Zealand Herald
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[ Mon, Dec 16th 2024 ]: Bloomberg L.P.
December Global Regulatory Brief: Digital finance
[ Mon, Dec 16th 2024 ]: Finance & Commerce
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[ Mon, Dec 16th 2024 ]: The Verge
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[ Mon, Dec 16th 2024 ]: inc42
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[ Mon, Dec 16th 2024 ]: India Today
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[ Mon, Dec 16th 2024 ]: Business Standard
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[ Mon, Dec 16th 2024 ]: The Hill
Canada's finance minister resigns as unpopular Trudeau faces biggest test of his political career
[ Mon, Dec 16th 2024 ]: Rolling Out
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[ Mon, Dec 16th 2024 ]: Yahoo
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[ Mon, Dec 16th 2024 ]: bnnbloomberg
Justin Trudeau's cabinet bleeds star power on day of key economic update
[ Mon, Dec 16th 2024 ]: Kiplinger
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[ Mon, Dec 16th 2024 ]: AOL
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[ Mon, Dec 16th 2024 ]: Seeking Alpha
Lesaka Technologies: Recent News Bolsters The Bull Case
[ Mon, Dec 16th 2024 ]: business-live
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[ Mon, Dec 16th 2024 ]: Pensions&Investments
TCW's Katie Koch says firm entering private real estate debt market
[ Mon, Dec 16th 2024 ]: Daily Express
Rachel Reeves tanked UK economy - and it's set to get even worse in December
[ Mon, Dec 16th 2024 ]: Reuters
Trump and SoftBank CEO announce $100 billion US investment
[ Mon, Dec 16th 2024 ]: MSN
German election: Scholz faces confidence vote
[ Mon, Dec 16th 2024 ]: Yahoo Finance
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[ Mon, Dec 16th 2024 ]: Global Finance
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[ Mon, Dec 16th 2024 ]: Tuko
Raimond Molenje Takes Helm as Kenya Bankers Association CEO, Effective December 2024

Alphabet, Elevation Capital, LGT-backed Aye Finance plans to float Rs 1,450-crore IPO, files draft papers with SEBI

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The initial public offering consists of fresh issuance of equity shares worth Rs 885 crore, and an offer-for-sale of Rs 565 crore worth shares by existing shareholders, as per the DRHP filed on 6.
Aye Finance, backed by investors like Alphabet, Elevation Capital, and LGT, has filed draft papers with SEBI to launch an IPO aiming to raise Rs 1,450 crore. The IPO includes a fresh issue of equity shares worth Rs 600 crore and an offer for sale of Rs 850 crore by existing shareholders. The funds raised will be used to strengthen the company's capital base to meet future capital requirements and for onward lending. The company, which provides business loans to micro enterprises, reported a significant increase in its total income and profit after tax for the fiscal year ending March 2024, with total income rising to Rs 1,037 crore from Rs 662 crore the previous year, and profit after tax increasing to Rs 114 crore from Rs 19 crore.

Read the Full moneycontrol.com Article at:
[ https://www.moneycontrol.com/news/business/ipo/alphabet-elevation-capital-lgt-backed-aye-finance-plans-to-float-rs-1-450-crore-ipo-files-draft-papers-with-sebi-12891390.html ]