Global media also reported on the safe return of Hindu pilgrims who had crossed the border to Pakistan to visit Katas Raj temples in Chakwal & remembered 'Kerala’s pride’ MT Vasudevan Nair.
The company's IPO attracted bids worth about $38.60 billion, making it the most sought-after opening this year. 200 debutant companies have raised more than $7 billion this year.
Sawhney Automobiles, registered under Resourceful Automobile, went in for a modest IPO of Rs 12 crore, but instead received bids 400 times that amount, totalling Rs 4800 crore by the time the issue closed.
Delhi-based bike dealership made many potentially business-disruptive disclosures in pre-IPO documents. But that didn't deter retail investors from oversubscribing by nearly 400 times.
Oyo is preparing to file a fresh IPO document by this week. The company had initially filed to go public in October 2021 but delayed the share sale due to market conditions.
Although, Tata Tech, which provides engineering and product development services, will not offer any of its shares, representing 23.6% of its paid-up share capital, to be sold in the IPO.
An October report says number of unicorn start-ups fell from 105 to 84. Inflated valuations, rise in M&As & fresh IPOs next year can result in even more of them losing tag of unicorn.
Sula is targeting a valuation of up to Rs 2,913 crore in India's first IPO by a pure winemaker, tapping a rise in consumption in a country that prefers beer, whisky and country liquor.
The proposed amendment to the Insolvency and Bankruptcy Code aims to reduce timelines and provide for a mechanism that involves minimal interaction with the court. It fails on both counts.
Open to public feedback until 26 November, the revised guidelines, among other changes, give CA firms more flexibility to advertise & promote their services.
Bihar is blessed with a land more fertile for revolutions than any in India. Why has it fallen so far behind then? Constant obsession with politics is at the root of its destruction.
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