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Firstcry to refile IPO next week with December financials

Sources told Moneycontrol that SEBI had sought 25 KPIs of which Firstcry only provided 5-6. ....

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Oyo IPO: Oyo may back out of IPO plan, opt for private raise

In a response to emailed queries by ET, Oyo said the information is inaccurate. Oyos first public offer filing was returned by the markets regulator in January 2023, requiring the SoftBank-backed firm to refile its draft red herring prospectus (DRHP) with updates and revisions. The startup then made a confidential pre-filing with Sebi for a significantly smaller-sized IPO. ....

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Indian companies CEOs: Old is gold, but new-age cos prefer younger CEOs

Deloitte India s recent decision to send 35 senior partners above the age of 55 has sparked debates about ageism in India. However, data indicates that below-40 executives often run the show at new-age companies and startups, with large and complex firms relying on battle-hardened corporate veterans who have negotiated multiple business cycles. In NSE-500 companies, a typical Indian CEO today is 57 years old, similar to data on C-suite occupancy for Fortune-500 firms. ....

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New-age firms ride market surge in buoyant week; and other top tech, startup stories this week

On Friday, the 30-stock benchmark index BSE Sensex ended at a fresh all-time high of 72,568 points. In the broader buoyancy of the stock markets, shares of new-age companies Zomato, Nykaa, Honasa Consumer, Paytm, Delhivery and PB Fintech also rose through the week. ....

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Best Indian companies: Bigger, Stronger, Better: Top companies of 2023 are batting in peak form

At the aggregate level, the incumbent companies show manageable debt and improving ability to service it, adequate equity and healthy top-line and bottomline growth. While oil and gas has retained its status as the biggest sector in the listing based on annual revenue, banking leads in net profit share aided by buoyancy in credit offtake and improving asset quality. ....

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