The company and existing holders including Fosun Pharma Industrial Pte. are selling as many as 43.2 million shares for anywhere between Rs 1,490-1,500 each.
Ant Group stopped taking orders from big investors a day earlier than planned due to great demand. But a smash-hit IPO doesn’t always translate into a long-term winner for investors.
Ma's Chinese fintech giant is one of the most hotly anticipated IPOs in years, on course to make history by surpassing Saudi Aramco’s record $29 billion share sale in 2019.
Sales of Dabur's flagship Chyawanprash rose 700% last quarter from the previous 3 months, said Gaurav Burman who runs his family office, which oversees about $1.5 billion in assets.
Ashok Soota’s Happiest Minds Technologies IPO was oversubscribed 151 times. The IPO of his previous venture, Mindtree, was oversubscribed more than 100 times.
The advisers will help evaluate the capital structure of India’s biggest insurer as well as aid the company in reworking its financial statement ahead of its initial share sale.
Policybazaar plans to secure about $250 million in a round of financing at a $2 billion-plus valuation before a September 2021 initial public offering.
While the language war in other states is targeting those who can't speak the local language, in Bengal, even those whose mother tongue is Bengali have to constantly prove their Bengali-ness.
Mini deal will likely see no cut in 10% baseline tariff on Indian exports announced by Trump on 2 April, it is learnt, but additional 26% tariffs are set to be reduced.
Capable of being fired in plain and high-altitude areas, it has day-and-night capability and two-way data link to support post-launch target, aim-point update.
As Narendra Modi becomes India’s second-longest consecutively serving Prime Minister, we look at how he compares with Indira Gandhi across four key dimensions.
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