CIEL HR Services Limited, a provider of technology-driven human resources solutions, is set to file draft papers for its initial public offering (IPO) on November 14, aiming to raise around Rs 450 crore, people aware of the matter told Moneycontrol. The offering will include a fresh issue of approximately Rs 350 crore alongside an offer for sale by existing shareholders.
Open Flip
Corporate earnings for the second quarter of FY25 have been underwhelming, characterized by muted revenue growth and a decline in both profits and margins. While the Banking, Financial Services, and Insurance (BFSI) sector has demonstrated decent performance, non-financial companies continue to face significant challenges amidst prevailing headwinds.
Open Flip
SCB 10X introduced the Rubie Wallet, a secure digital wallet for USD and baht-pegged stablecoins, at Devcon in Bangkok. Thai fintech SCB 10X has launched a wallet to enable the use of US dollar- and Thai baht-pegged stablecoins. The Rubie Wallet is being trialed by foreign visitors at the Devcon event in Bangkok while it is still part of the Bank of Thailand (BOT) and Thai Securities and Exchange.
Open Flip
