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SoftBank Swings to Profit With Help From Hot Indian IPO Market
SoftBank Group Corp. swung to a quarterly profit on a series of successful Indian listings and a rebound in tech valuations that boosted the Vision Fund portfolio.
SoftBank expected to book $1.87 bln profit on IPOs
Japanese technology investor SoftBank Group is expected to report a 287 billion yen ($1.87 billion) quarterly profit on Tuesday, boosted by successful portfolio company listings even as a stronger yen dampened foreign currency-denominated gains.
SoftBank returns to profit as Indian IPOs boost Vision Fund gains
Masayoshi Son’s SoftBank Group swung to a ¥1.2tn ($7.8bn) profit in its latest quarter, driven by a string of successful initial public offerings in India and better tech valuations. The company’s results easily beat analysts’ forecasts for a profit of just ¥286.
23h
on MSN
Swiggy’s public debut will test India’s appetite for $1B+ IPOs
Swiggy's upcoming IPO on Wednesday will finally give many analysts a public comparable for what has been long considered to ...
LIVE
1h
Sagility Share Price Live Updates: Stock pair gains post tepid listing, down 5%
Sagility India IPO listing is today, November 12, and the trends in Sagility India IPO GMP along with stock market analysts ...
2h
SoftBank’s Ola Electric, FirstCry and Delhivery bets yield $1.3 billion gross gains in Q2
During the quarter, FirstCry boosted the Softbank Vision Fund’s gains by $642 million, while Ola Electric and Delhivery each ...
Hosted on MSN
5h
Sagility India IPO Listing, Share Price Today: Stock rallies 9% post tepid debut
Sagility India IPO today made Dalal Street debut. Its shares opened in the green with a small gain of 3.50 per cent against ...
6d
Preparing For A Smooth Micro-Cap IPO: Advice For Startup Entrepreneurs
Micro-cap IPOs are held to the same regulatory standards as larger firms. Starting on the right foot will save time and avoid ...
13d
Europe’s 2024 IPOs Deliver Selective Gains to Cautious Investors
Initial public offerings in Europe this year delivered positive results on average, with rising shares for a small number of companies masking widespread caution among investors for recently-listed ...
5d
Swiggy IPO subscription status day 1: Issue booked 12%, retail leads at 54%; GMP signals muted listing gains
Swiggy IPO subscription began today in the primary market after the company collected Rs 5,085 crore from anchor investors.
Hosted on MSN
2d
Niva Bupa IPO GMP Today: Subscription last date on Monday - What grey market premium signals on listing gains
So far, Niva Bupa Health Insurance IPO has witnessed a weak demand from investors. Till now, the IPO has received bids for a ...
LIVE
2h
Sagility Share Price Live Updates: Stock pair gains post tepid listing, down over 2%
Sagility India IPO listing is today, November 12, and the trends in Sagility India IPO GMP along with stock market analysts ...
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