German car-parts maker Mahle is said to mull IPO of Indian unit: Report
Sat, Nov 30, 2024 4:27 PM

German car-parts maker Mahle is said to mull IPO of Indian unit: Report

A Flip by Shubhangi Gupta
Get it on Google Play
German car-parts maker Mahle GmbH is considering an initial public offering of its Indian business, people familiar with the matter said, joining other foreign firms in seeking to list their units in the nation’s buoyant markets. Mahle is holding early talks with potential advisers about a share sale in Mumbai, according to the people, who asked not to be identified.

More great flips

KKR to double down on LEAP India as company raises $63 mn

KKR to double down on LEAP India as company raises $63 mn

KKR is set to double down on its bet on LEAP India Pvt Ltd, that is already majority-owned by the PE firm and is raising Rs 535 crore in its latest funding round led. KKR is investing Rs 333 crore in LEAP India’s ongoing fundraising, while Sixth Sense is investing Rs 70 crore, and First Bridge and Madhurima International are investing Rs 60 crore and Rs 50 crore, respectively.

Open Flip
What Nifty’s multiple doji candles & inside bars suggest for Friday trade?

What Nifty’s multiple doji candles & inside bars suggest for Friday trade?

This week nifty traded in a narrow range of 300 points, showing no clear direction. For the last three days index struggled near the 23,870 level on the upside while finding support around 23600 on the downside. This tug of war between bulls and bears led to the formation of multiple Doji candles and inside bars on the daily chart indicating indecision.

Open Flip
MoonPay vies for crypto payment firm Helio Pay

MoonPay vies for crypto payment firm Helio Pay

Crypto payments firm MoonPay is in talks to acquire Helio Pay for nearly $150m, marking its largest acquisition to date. Helio Pay's self-service platform allows content creators and eCommerce merchants to receive crypto payments. The acquisition would expand MoonPay's payment infrastructure and capabilities.

Open Flip

Join our Smart Investment Community

More than 2 Million users are using FlipItMoney to stay updated about the business and finance world! Join FlipItMoney now and take smart investment decisions!
Icon