While the oversubscription does not guarantee strong IPO performance, it is a positive sign for Arm. It makes it more likely that the company will, at a minimum, reach its targeted price range of $47 to $51 per share, a source said.
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ET Startup Awards 2023: Nominees for Midas Touch; Nvidia envisions exports from India arm
As we inch towards D-Day, when our eleven-member jury picks the winners of The Economic Times Startup Awards 2023, we unveil the nominees for yet another category: Midas Touch.This and more in today’s ETtech Morning Dispatch.
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from Tech-Economic Times https://ift.tt/qLA78Is
ET Startup Awards 2023: Nominees for Midas Touch
The award will recognise the most lucrative exit in the year. The decision will be made based on the volume of deals as well as the size of the exit.
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from Tech-Economic Times https://ift.tt/TnDip2l
China's widening iPhone curbs roil US technology sector
Apple fell more than 3% and was on track for its worst two-day decline since November after media reports said Beijing has told employees at some central government agencies in recent weeks to stop using their Apple mobiles at work.
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from Tech-Economic Times https://ift.tt/tSfvERB
US House panel chair: wider Chinese iPhone ban aims to quash Apple's market access
China in recent weeks has widened curbs on the use of iPhones by state employees, telling staff in at least three ministries and government bodies to stop using their Apple mobile phones at work, Reuters reported on Thursday, following earlier reports by the Wall Street Journal and Bloomberg.
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from Tech-Economic Times https://ift.tt/q5ZYjJK
Indian fintech industry to generate $190 billion in revenues by 2030: report
The report ‘State of the Fintech Union 2023’, also highlighted that as the industry matures, the industry is looking at ‘meaningful scale’ and closely tracking profits as a metric. It further added that product expansion, apart from profitability, was the top focus area for fintech executives.from Tech-Economic Times https://ift.tt/cKUiLAS
ET Startup Awards 2023: Jury will look for cash flow-generating businesses with a worldview
Building business models that generate cash flows and profitability, and create not for Bharat alone but also the world, are what the jury expects from the nominees.from Tech-Economic Times https://ift.tt/D8Qw2Il
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