Penny stock below â‚ą1: Shares of Standard Capital, a micro-cap NBFC stock, gained over 2% in trade on Thursday, May 15, following the announcement of â‚ą170 crore fundraise via the allotment of non-convertible debentures (NCDs). The company’s board at their meeting held on Wednesday, May 14, considered and approved the allotment of 17,000 unrated, unlisted,…
Mumbai, Apr 21 (PTI) Bets by private equity (PE) and venture capital (VC) funds declined to USD 13.7 billion in the March quarter, according to a report on Monday. This represents a 14 per cent decline on-year and 2 per cent decline on-quarter, the report by industry lobby grouping IVCA and consultancy firm EY, said….
Late in August, when the stock market’s bull run was close to its peak, the initial public offer (IPO) of a two-wheeler dealer with a handful of employees managed to attract bids worth 400 times the amount of capital it sought to raise. That was the level of enthusiasm back then among investors, who were…
At one end, a few elite engineers with exceptional architectural and business-function skills will command fat pay-cheques to troubleshoot code generated by artificial intelligence (AI). On the other, leaner teams of low-level engineers who generate code using AI assistants will replace the vast teams once required to execute large-scale software projects. Also Read: The good…
Which is the push for scale—the demand by funders for greater numbers, be it in terms of geographical coverage or the count of beneficiaries. Everyone wants more people to benefit— not just funders, but also NGOs, other stakeholders involved and communities. But too often, these demands for scale are wildly unreal. Usually, this is because…
