Zepto kicks off IPO process: E-commerce startup files draft papers with Sebi: Rs 11,000 crore issue planned for next year

NEW DELHI: Popular quick e-commerce firm Zepto filed its preliminary papers on Saturday with Securities Exchange Board of India (Sebi), aiming to raise Rs 11,000 crore via initial public offering (IPO).The company, founded by Stanford university dropouts, is using a confidential route for its stock market debut planned for next year, according to officials cited…

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Asset manager Janus Henderson gets bought by Trian, General Catalyst for $7.4 billion

Nelson Petz, Founding Partner and CEO of Trian Partners, speaking at the 14th CNBC Delivery Alpha Investor Summit in New York City on Nov. 13th, 2024. Adam Jeffery | CNBC Asset manager Janus Henderson agreed to be acquired by investors Trian Fund Management and General Catalyst, the companies announced Monday. Trian and General Catalyst will…

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US markets today: Wall Street extends rebound as Donald Trump eases tariff stance; global equities steady

US equities moved higher on Thursday, clawing back more of the losses from earlier in the week, after President Donald Trump stepped back from tariff threats linked to Greenland, easing concerns over a widening transatlantic trade rift.In early trade, the S&P 500 rose 0.7%, adding to Wednesday’s strong rebound. The Dow Jones Industrial Average gained…

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ETHZilla starts offering tokenized jet engine leasing exposure through newly launched token

ETHZilla (ETHZ) has unveiled a tokenized aviation asset, marking a major step in its plan to bring income-producing real-world assets onto Ethereum. The new offering, Eurus Aero Token I, gives accredited investors access to lease income from two commercial jet engines currently in use by a major U.S. airline, ETHZilla announced on Thursday. The deal,…

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Pralay missile test: India conducts successful salvo launch off Odisha coast – watch | India News

NEW DELHI: India on Wednesday successfully carried out a salvo launch of two indigenously developed Pralay missiles in quick succession from the same launcher off the coast of Odisha, marking a key milestone in user evaluation trials. According to a statement from the defence ministry, the tests were conducted at around 10.30 am near the…

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Asia’s biggest bitcoin buyer now wants to build the BTC ecosystem

Metaplanet, Asia’s largest publicly listed bitcoin holder, isn’t just buying bitcoin BTC$69,483.55 anymore but wants to build the ecosystem around it. The Tokyo-listed company, which holds 35,102 BTC, announced Thursday the creation of Metaplanet Ventures K.K., a wholly-owned subsidiary that will invest in companies building regulated bitcoin financial infrastructure in Japan. The total investment over…

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