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12 investors who recently became founders●Exclusive: Zurich-based Exclaim Robotics comes out of stealth, raises $4.95m●Exclusive: Plural backs $43m round for next-generation battery startup Ore Energy●European robotics startups raised more in six months than past two years combined●Poojaa Precision IPO listing: Shares list at a 56% premium to the issue price●NEAR co-founder proposes protocol sovereign fund for long-term sustainability●Singapore’s reserve managers GIC, Temasek, MAS deliver long-term returns●Dhoot Transmission sets IPO price band at Rs 829-871; issue to open on Aug 10●12 investors who recently became founders●Exclusive: Zurich-based Exclaim Robotics comes out of stealth, raises $4.95m●Exclusive: Plural backs $43m round for next-generation battery startup Ore Energy●European robotics startups raised more in six months than past two years combined●Poojaa Precision IPO listing: Shares list at a 56% premium to the issue price●NEAR co-founder proposes protocol sovereign fund for long-term sustainability●Singapore’s reserve managers GIC, Temasek, MAS deliver long-term returns●Dhoot Transmission sets IPO price band at Rs 829-871; issue to open on Aug 10●

Asia

Vedanta to demerge real estate business after 5-way split. What can shareholders expect?

Markets-Economic Times · 2h ago · 🇮🇳 India

Vedanta to demerge real estate business after 5-way split. What can shareholders expect?

Vedanta announced plans to demerge its real estate business into a new company. Shareholders will receive one share of Vedanta Property Platforms for every twenty shares held. This new entity will later debut on the stock exchanges, listing on BSE and NSE. The demerged real estate portfolio includes significant land and property assets across India. This move follows Vedanta's recent five-way business split, aiming to unlock shareholder value.

Read the full story at Markets-Economic Times →

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