Logistics firm Delhivery raises $277 million, now valued at $3 billion

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Logistics firm Delhivery raises $277 million, now valued at $3 billion

Ahead of its initial public offering (IPO) this year, supply chain services provider Delhivery has reportedly raised $277 million in its latest round of funding, taking its market valuation to nearly $3 billion. According to a TechCrunch report, Delhivery disclosed the …
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How Australia's tech sharemarket darling shot itself in the foot

Whether Nuix boss Rod Vawdrey or its head of finance Stephen Doyle deserve to go becomes almost academic. A series of snafus, governance problems, a bit of bad luck and an overhyped listing has created a toxic cocktail for the company which has seen its …
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Former James Hardie manager says he wouldn't buy a house with Harditex

His testimony comes as the international building giant fights a $220 million class action by more than 1000 homeowners, who accuse the company of knowingly selling defective cladding known as Harditex. They say the cladding …
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Cornerstone Puts Southbank Site on Market

It is being sold by Malaysian hotel owner and developer Cornerstone Partners Group, who bought the two properties for $8.25 million in 2018. The proposed development, designed by CHT Architects, was to be the first …
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Stocks in news: M&M, Fortis Healthcare, Sundaram Finance, Bank of Baroda and more

Sensex and Nifty opened lower today amid mixed global cues. Sensex fell 167 points to 51,249 and Nifty lost 35 points to 15,400. On Friday, Nifty ended at a fresh record high amid falling Covid-19 cases. The 50-stock index closed 97 points higher at 15,435 …
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