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Affle India IPO subscribed fully on Day 3

Wednesday, July 31, 2019, 1:09 PM

The initial public offer (IPO) of mobile marketing firm Affle India got fully subscribed on Day 3 of the bidding process on Wednesday. The Rs 459 crore issue received bids for 37,07,580 shares, which was 1.1 times the total issue size of 33,78,021 shares as per the NSE data. Affle India has two business segments, consumer platform and enterprise platform.
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Uber lays off 400 employees in marketing team

Tuesday, July 30, 2019, 8:31 AM

Uber laid off 400 employees from its marketing department Monday as the company contends with worries about slowing growth and internal dissatisfaction on the marketing team, the Los Angeles Times reported. Uber did not immediately respond to request for comment from Forbes.The layoffs will take place across Uber's global offices, cutting the marketing team from 1,200 to 800.
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IndiaMart IPO set to hit market on June 24, price band at Rs 970-973

Wednesday, June 19, 2019, 4:14 PM

IndiaMart InterMesh, the country's biggest online B2B marketplace for business products, is going to hit the capital markets with an initial public offering on June 24. The company will offer around 48.88 lakh shares of face value of Rs 10 each in the price band of Rs 970-973 per share. The issue will close on June 26.

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