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The Group, through its investment vehicles SmallCap World Fund Inc and New World Fund Inc, carried out the transaction in small tranches over the last three months ....
Forcing companies to declare profits early will destroy shareholder value: Policybazaar founder PB Fintech, which runs Policybazaar and Paisabazaar, made its debut on the bourses Monday, becoming the third high-profile consumer Internet startup after Zomato and Nykaa to list in India. The online insurance marketplace closed the day’s trade with a market cap of Rs ....
In conversation with moneycontrol, the founder says that only a few investors could see the real strength of the company, which includes his early investors like Info Edge. ....
PB Fintech shares are down over 8% from their 52-week high after Singaporean sovereign wealth fund Temasek Holdings on Thursday offloaded its entire 5.42 per cent stake in the firm for Rs 2,425 crore in a block deal. ....